Cost of Living in Farmersville, PA

With a cost of living index of 107, Farmersville, PA is somewhat more expensive than average. Living here is 7% more expensive than the national average and 24% above the Pennsylvania state average of 83. Farmersville is a small community of 776 residents.

Housing costs are the biggest factor in Farmersville's cost of living. The median monthly rent is $1,246 (6% below the US median of $1,319), and the median home value sits at $425,000 (39% above the national median of $304,900). At current prices, the median home costs roughly 8.6x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Farmersville is $49,148, which is 35% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Everyday prices in the Lancaster, PA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.