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Masontown, PA vs Oil City, PA

57
Masontown
Pennsylvania
VS
-10%
63
Oil City
Pennsylvania

Masontown is moderately more affordable than Oil City, with a 10% lower cost of living index. Masontown scores 57 compared to 63 for Oil City, where the US average is 100. This difference means residents of Oil City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Masontown is $463/month compared to $799/month in Oil City — a 42% difference. Interestingly, home values tell a different story: while Masontown has cheaper rent, Oil City actually has lower median home values ($66,600 vs $116,700).

Median household income in Masontown is $49,536 compared to $52,688 in Oil City (-6%). The higher salaries in Oil City partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Masontown spend roughly 11.2% of their income on rent, less than the 18.2% in Oil City.

Income & Cost

Cost of Living Index
Masontown
57
10% cheaper
Oil City
63
Median Household Income
Masontown
$49,536
Oil City
$52,688
6% higher

Housing

Median Rent
Masontown
$463
42% cheaper
Oil City
$799
Median Home Value
Masontown
$116,700
Oil City
$66,600
43% cheaper
Population
Masontown
3,238
Oil City
9,517

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Masontown $3.01
Oil City
US $3.07
🥚
Eggs (grade A, large)
Masontown $2.46
Oil City
US $2.50
🥛
Milk (whole)
Masontown $3.96
Oil City
US $4.03
🍞
Bread (white)
Masontown $1.82
Oil City
US $1.85
🍗
Chicken breast
Masontown $4.07
Oil City
US $4.14
Electricity
Masontown $0.22
Oil City
US $0.19