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Rankin, PA vs Shippenville, PA

57
Rankin
Pennsylvania
VS
-20%
71
Shippenville
Pennsylvania

There is a significant gap in the cost of living between these two cities. Rankin is 20% cheaper than Shippenville. With a cost index of 57 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rankin to Shippenville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Rankin is $548/month compared to $962/month in Shippenville — a 43% difference. Home values follow the same pattern: Rankin is more affordable at $84,400 median vs $100,900.

Median household income in Rankin is $29,783 compared to $46,016 in Shippenville (-35.3%). While Shippenville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Rankin spend roughly 22.1% of their income on rent, less than the 25.1% in Shippenville.

Income & Cost

Cost of Living Index
Rankin
57
20% cheaper
Shippenville
71
Median Household Income
Rankin
$29,783
Shippenville
$46,016
35% higher

Housing

Median Rent
Rankin
$548
43% cheaper
Shippenville
$962
Median Home Value
Rankin
$84,400
16% cheaper
Shippenville
$100,900
Population
Rankin
1,729
Shippenville
579

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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