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New Eagle, PA vs Prospect Park, PA

64
New Eagle
Pennsylvania
VS
-29.6%
90
Prospect Park
Pennsylvania

There is a significant gap in the cost of living between these two cities. New Eagle is 29.6% cheaper than Prospect Park. With a cost index of 64 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Eagle to Prospect Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Eagle is $729/month compared to $1,154/month in Prospect Park — a 37% difference. Home values follow the same pattern: New Eagle is more affordable at $103,100 median vs $239,700.

Median household income in New Eagle is $52,612 compared to $65,774 in Prospect Park (-20%). The higher salaries in Prospect Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of New Eagle spend roughly 16.6% of their income on rent, less than the 21.1% in Prospect Park.

Income & Cost

Cost of Living Index
New Eagle
64
30% cheaper
Prospect Park
90
Median Household Income
New Eagle
$52,612
Prospect Park
$65,774
20% higher

Housing

Median Rent
New Eagle
$729
37% cheaper
Prospect Park
$1,154
Median Home Value
New Eagle
$103,100
57% cheaper
Prospect Park
$239,700
Population
New Eagle
2,148
Prospect Park
6,402

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Eagle $3.01
Prospect Park $3.01
US $3.07
🥚
Eggs (grade A, large)
New Eagle $2.46
Prospect Park $2.46
US $2.50
🥛
Milk (whole)
New Eagle $3.96
Prospect Park $3.95
US $4.03
🍞
Bread (white)
New Eagle $1.82
Prospect Park $1.82
US $1.85
🍗
Chicken breast
New Eagle $4.07
Prospect Park $4.07
US $4.14
Electricity
New Eagle $0.22
Prospect Park $0.23
US $0.19