Cost of Living in Beaver Springs, PA

With a cost of living index of 66, Beaver Springs, PA is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 17% below the Pennsylvania state average of 83. Beaver Springs is a small community of 740 residents.

Housing costs are the biggest factor in Beaver Springs's cost of living. The median monthly rent is $733 (44% below the US median of $1,319), and the median home value sits at $129,000 (58% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Beaver Springs is $53,750, which is 28% lower than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Beaver Springs. The area sees an average annual temperature of 51.1°F, with summers averaging 71°F and winters around 30°F. Annual rainfall totals 40.9 inches spread over roughly 149 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.