Cost of Living in Glen Lyon, PA
Population: 1,956 | Pennsylvania
Glen Lyon is 33% less expensive than the national average.
Cost of Living in Glen Lyon, PA: What You Need to Know
With a cost of living index of 67, Glen Lyon, PA is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 16% below the Pennsylvania state average of 83. Glen Lyon is a small community of 1,956 residents.
Housing costs are the biggest factor in Glen Lyon'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 $84,300 (72% 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 Glen Lyon is $34,416, which is 54% lower than the national median of $75,149. Residents spend roughly 31% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Scranton--Wilkes-Barre, 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.
Income
- Median Household Income
- $34,416
- vs US Median ($75,149)
- -54%
Housing
- Median Rent
- $888/mo
- Median Home Value
- $84,300
- Median Monthly Housing Cost
- $894/mo
Everyday Prices in Glen Lyon
BLS Average Prices for the Scranton--Wilkes-Barre, PA (Metropolitan Statistical Area) area