Cost of Living in Goldsboro, PA

With a cost of living index of 82, Goldsboro, PA is a very affordable place to live. Living here is 18% cheaper than the national average and in line with the Pennsylvania state average. Goldsboro is a small community of 1,004 residents.

Housing costs are the biggest factor in Goldsboro's cost of living. The median monthly rent is $993 (25% below the US median of $1,319), and the median home value sits at $214,900 (30% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Goldsboro is $84,643, which is 13% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the York-Hanover, 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.