Cost of Living in Matamoras, PA

With a cost of living index of 93, Matamoras, PA is slightly more affordable than average. Living here is 7% cheaper than the national average and 10% above the Pennsylvania state average of 83. Matamoras is a small community of 2,448 residents.

Housing costs are the biggest factor in Matamoras's cost of living. The median monthly rent is $1,328 (1% above the US median of $1,319), and the median home value sits at $237,600 (22% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Matamoras is $74,145, which is 1% 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.

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.