Cost of Living in Mount Jewett, PA
Population: 608 | Pennsylvania
Mount Jewett is 39% less expensive than the national average.
Cost of Living in Mount Jewett, PA: What You Need to Know
With a cost of living index of 61, Mount Jewett, PA is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 22% below the Pennsylvania state average of 83. Mount Jewett is a small community of 608 residents.
Housing costs are the biggest factor in Mount Jewett's cost of living. The median monthly rent is $700 (47% below the US median of $1,319), and the median home value sits at $74,500 (76% below the national median of $304,900). At current prices, the median home costs roughly 1.4x the median household income — well within traditional affordability guidelines.
The median household income in Mount Jewett is $52,969, which is 30% lower than the national median of $75,149. Residents spend roughly 16% 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
- $52,969
- vs US Median ($75,149)
- -30%
Housing
- Median Rent
- $700/mo
- Median Home Value
- $74,500
- Median Monthly Housing Cost
- $648/mo