Cost of Living in Friedens, PA
Population: 974 | Pennsylvania
Friedens is 32% less expensive than the national average.
Cost of Living in Friedens, PA: What You Need to Know
With a cost of living index of 68, Friedens, PA is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 15% below the Pennsylvania state average of 83. Friedens is a small community of 974 residents.
Housing costs are the biggest factor in Friedens's cost of living. The median monthly rent is $831 (37% below the US median of $1,319), and the median home value sits at $109,100 (64% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.
The median household income in Friedens is $51,750, which is 31% lower than the national median of $75,149. Residents spend roughly 19% 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.
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.
Income
- Median Household Income
- $51,750
- vs US Median ($75,149)
- -31%
Housing
- Median Rent
- $831/mo
- Median Home Value
- $109,100
- Median Monthly Housing Cost
- $694/mo