Mercer, PA vs Tyrone, PA

Mercer, PA and Tyrone, PA have a very similar cost of living, with only a 2% difference in their overall index. Mercer scores 64 while Tyrone scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Mercer is $644/month compared to $788/month in Tyrone — a 18% difference. Interestingly, home values tell a different story: while Mercer has cheaper rent, Tyrone actually has lower median home values ($122,000 vs $130,300).

Median household income in Mercer is $44,865 compared to $55,568 in Tyrone (-19.3%). While Tyrone is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mercer spend roughly 17.2% of their income on rent, more than the 17% in Tyrone.