New Kensington, PA vs Sharpsville, PA

New Kensington, PA and Sharpsville, PA have a very similar cost of living, with only a 3.7% difference in their overall index. New Kensington scores 65 while Sharpsville scores 68 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 New Kensington is $694/month compared to $810/month in Sharpsville — a 14% difference. Interestingly, home values tell a different story: while New Kensington has cheaper rent, Sharpsville actually has lower median home values ($117,200 vs $132,400).

Median household income in New Kensington is $49,644 compared to $50,363 in Sharpsville (-1.4%). Sharpsville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of New Kensington spend roughly 16.8% of their income on rent, less than the 19.3% in Sharpsville.