Cost of Living in Mildred, PA

With a cost of living index of 68, Mildred, PA is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 15% below the Pennsylvania state average of 83. Mildred is a small community of 380 residents.

Housing costs are the biggest factor in Mildred's cost of living. The median monthly rent is $819 (38% below the US median of $1,319), and the median home value sits at $118,000 (61% below the national median of $304,900). At current prices, the median home costs roughly 1.3x the median household income — well within traditional affordability guidelines.

The median household income in Mildred is $88,958, which is 18% higher than the national median of $75,149. Residents spend roughly 11% 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.