Cost of Living in Monument, PA
Population: 55 | Pennsylvania
Monument is 19% less expensive than the national average.
Cost of Living in Monument, PA: What You Need to Know
With a cost of living index of 81, Monument, PA is a very affordable place to live. Living here is 19% cheaper than the national average and in line with the Pennsylvania state average. Monument is a small community of 55 residents.
The median household income in Monument is $81,250, which is 8% higher than the national median of $75,149.
Everyday prices in the State College, 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
- $81,250
- vs US Median ($75,149)
- +8%
Housing
- Median Home Value
- $100,000
- Median Monthly Housing Cost
- $375/mo
Everyday Prices in Monument
BLS Average Prices for the State College, PA (Metropolitan Statistical Area) area