Cost of Living in Sayre, PA
Population: 5,444 | Pennsylvania
Sayre is 23% less expensive than the national average.
Cost of Living in Sayre, PA: What You Need to Know
With a cost of living index of 77, Sayre, PA is a very affordable place to live. Living here is 23% cheaper than the national average and 6% below the Pennsylvania state average of 83. Sayre is a smaller community of 5,444 residents, where everyday costs can differ substantially from nearby larger cities.
Housing costs are the biggest factor in Sayre's cost of living. The median monthly rent is $976 (26% below the US median of $1,319), and the median home value sits at $166,000 (46% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.
The median household income in Sayre is $55,393, which is 26% lower than the national median of $75,149. Residents spend roughly 21% 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
- $55,393
- vs US Median ($75,149)
- -26%
Housing
- Median Rent
- $976/mo
- Median Home Value
- $166,000
- Median Monthly Housing Cost
- $922/mo