Cost of Living in Kratzerville, PA

With a cost of living index of 86, Kratzerville, PA is a very affordable place to live. Living here is 14% cheaper than the national average and 3% above the Pennsylvania state average of 83. Kratzerville is a small community of 348 residents.

Housing costs are the biggest factor in Kratzerville's cost of living. The median monthly rent is $1,066 (19% below the US median of $1,319), and the median home value sits at $242,900 (20% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Kratzerville is $93,333, which is 24% 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.

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.