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Cost of Living in Inkerman, PA

Population: 1,568 | Pennsylvania

102
Cost of Living Index
US Average = 100

Inkerman is 2% more expensive than the national average.

110
Housing
100
Home Values
93
Regional Price

Cost of Living in Inkerman, PA: What You Need to Know

With a cost of living index of 102, Inkerman, PA is right around the national average in cost. Living here is 2% more expensive than the national average and 19% above the Pennsylvania state average of 83. Inkerman is a small community of 1,568 residents.

The median household income in Inkerman is $50,236, which is 33% lower than the national median of $75,149. Residents spend roughly 35% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

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
$50,236
vs US Median ($75,149)
-33%

Housing

Median Rent
$1,450/mo
Median Monthly Housing Cost
$1,345/mo

Everyday Prices in Inkerman

BLS Average Prices for the Scranton--Wilkes-Barre, PA (Metropolitan Statistical Area) area

$3.01
Gasoline (regular)
per gallon
-2% vs US
🥚
$2.46
Eggs (grade A, large)
per dozen
-2% vs US
🥛
$3.96
Milk (whole)
per gallon
-2% vs US
🍞
$1.82
Bread (white)
per lb
-2% vs US
🍗
$4.07
Chicken breast
per lb
-2% vs US
$0.22
Electricity
per kWh
+16% vs US

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