Cost of Living in New Berlin, PA
Population: 720 | Pennsylvania
New Berlin is 17% less expensive than the national average.
Cost of Living in New Berlin, PA: What You Need to Know
With a cost of living index of 83, New Berlin, PA is a very affordable place to live. Living here is 17% cheaper than the national average and in line with the Pennsylvania state average. New Berlin is a small community of 720 residents.
Housing costs are the biggest factor in New Berlin's cost of living. The median monthly rent is $1,111 (16% below the US median of $1,319), and the median home value sits at $194,500 (36% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in New Berlin is $85,250, which is 13% higher 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.
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
- $85,250
- vs US Median ($75,149)
- +13%
Housing
- Median Rent
- $1,111/mo
- Median Home Value
- $194,500
- Median Monthly Housing Cost
- $1,128/mo