Montrose, PA vs South Renovo, PA
South Renovo is moderately more affordable than Montrose, with a 8.3% lower cost of living index. Montrose scores 72 compared to 67 for South Renovo, where the US average is 100. This difference means residents of Montrose can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Montrose is $854/month compared to $955/month in South Renovo — a 11% difference. Interestingly, home values tell a different story: while Montrose has cheaper rent, South Renovo actually has lower median home values ($55,200 vs $160,000).
Median household income in Montrose is $56,484 compared to $42,857 in South Renovo (+31.8%). While Montrose is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Montrose spend roughly 18.1% of their income on rent, less than the 26.7% in South Renovo.
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