Cost of Living in Rices Landing, PA
Population: 518 | Pennsylvania
Rices Landing is 27% less expensive than the national average.
Cost of Living in Rices Landing, PA: What You Need to Know
With a cost of living index of 73, Rices Landing, PA is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and 10% below the Pennsylvania state average of 83. Rices Landing is a small community of 518 residents.
Housing costs are the biggest factor in Rices Landing's cost of living. The median monthly rent is $942 (29% below the US median of $1,319), and the median home value sits at $131,300 (57% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.
The median household income in Rices Landing is $114,844, which is 53% higher than the national median of $75,149. Residents spend roughly 10% 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
- $114,844
- vs US Median ($75,149)
- +53%
Housing
- Median Rent
- $942/mo
- Median Home Value
- $131,300
- Median Monthly Housing Cost
- $978/mo