Cost of Living in Park Place, PA
Population: 168 | Pennsylvania
Park Place is 22% less expensive than the national average.
Cost of Living in Park Place, PA: What You Need to Know
With a cost of living index of 78, Park Place, PA is a very affordable place to live. Living here is 22% cheaper than the national average and 5% below the Pennsylvania state average of 83. Park Place is a small community of 168 residents.
The median household income in Park Place is $47,344, which is 37% lower than the national median of $75,149. 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
- $47,344
- vs US Median ($75,149)
- -37%
Housing
- Median Home Value
- $53,900
- Median Monthly Housing Cost
- $431/mo