Cost of Living in Ringtown, PA
Population: 759 | Pennsylvania
Ringtown is 31% less expensive than the national average.
Cost of Living in Ringtown, PA: What You Need to Know
With a cost of living index of 69, Ringtown, PA is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 14% below the Pennsylvania state average of 83. Ringtown is a small community of 759 residents.
Housing costs are the biggest factor in Ringtown's cost of living. The median monthly rent is $696 (47% below the US median of $1,319), and the median home value sits at $172,200 (44% below the national median of $304,900). At current prices, the median home costs roughly 1.8x the median household income — well within traditional affordability guidelines.
The median household income in Ringtown is $96,250, which is 28% higher than the national median of $75,149. Residents spend roughly 9% 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
- $96,250
- vs US Median ($75,149)
- +28%
Housing
- Median Rent
- $696/mo
- Median Home Value
- $172,200
- Median Monthly Housing Cost
- $860/mo