Cost of Living in Cressona, PA

With a cost of living index of 73, Cressona, PA is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 10% below the Pennsylvania state average of 83. Cressona is a small community of 1,303 residents.

Housing costs are the biggest factor in Cressona's cost of living. The median monthly rent is $888 (33% below the US median of $1,319), and the median home value sits at $153,500 (50% below the national median of $304,900). At current prices, the median home costs roughly 2.2x the median household income — well within traditional affordability guidelines.

The median household income in Cressona is $71,010, which is 6% lower than the national median of $75,149. Residents spend roughly 15% 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 Cressona. The area sees an average annual temperature of 53.7°F, with summers averaging 74°F and winters around 33°F. Annual rainfall totals 45.2 inches spread over roughly 129 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.