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Oak Lane, PA vs Wyomissing, PA

96
Oak Lane
Pennsylvania
VS
-15.1%
114
Wyomissing
Pennsylvania

There is a significant gap in the cost of living between these two cities. Oak Lane is 15.1% cheaper than Wyomissing. With a cost index of 96 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Lane to Wyomissing should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oak Lane is $1,178/month compared to $1,746/month in Wyomissing — a 33% difference. Interestingly, home values tell a different story: while Oak Lane has cheaper rent, Wyomissing actually has lower median home values ($326,800 vs $332,400).

Median household income in Oak Lane is $130,469 compared to $88,214 in Wyomissing (+47.9%). Oak Lane offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Oak Lane spend roughly 10.8% of their income on rent, less than the 23.8% in Wyomissing.

Income & Cost

Cost of Living Index
Oak Lane
96
15% cheaper
Wyomissing
114
Median Household Income
Oak Lane
$130,469
32% higher
Wyomissing
$88,214

Housing

Median Rent
Oak Lane
$1,178
33% cheaper
Wyomissing
$1,746
Median Home Value
Oak Lane
$332,400
Wyomissing
$326,800
2% cheaper
Population
Oak Lane
3,879
Wyomissing
11,100

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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