Cost of Living in Little Meadows, PA
Population: 216 | Pennsylvania
Little Meadows is 25% less expensive than the national average.
Cost of Living in Little Meadows, PA: What You Need to Know
With a cost of living index of 75, Little Meadows, PA is one of the most affordable cities in the country. Living here is 25% cheaper than the national average and 8% below the Pennsylvania state average of 83. Little Meadows is a small community of 216 residents.
Housing costs are the biggest factor in Little Meadows's cost of living. The median monthly rent is $860 (35% below the US median of $1,319), and the median home value sits at $187,500 (39% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.
The median household income in Little Meadows is $50,313, which is 33% lower than the national median of $75,149. Residents spend roughly 21% 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
- $50,313
- vs US Median ($75,149)
- -33%
Housing
- Median Rent
- $860/mo
- Median Home Value
- $187,500
- Median Monthly Housing Cost
- $719/mo