Cost of Living in Selinsgrove, PA
Population: 5,655 | Pennsylvania
Selinsgrove is 22% less expensive than the national average.
Cost of Living in Selinsgrove, PA: What You Need to Know
With a cost of living index of 78, Selinsgrove, 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. Selinsgrove is a smaller community of 5,655 residents, where everyday costs can differ substantially from nearby larger cities.
Housing costs are the biggest factor in Selinsgrove's cost of living. The median monthly rent is $946 (28% below the US median of $1,319), and the median home value sits at $195,400 (36% below the national median of $304,900). At current prices, the median home costs roughly 3.3x the median household income — a moderately affordable ratio by today's standards.
The median household income in Selinsgrove is $58,484, which is 22% lower than the national median of $75,149. Residents spend roughly 19% 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
- $58,484
- vs US Median ($75,149)
- -22%
Housing
- Median Rent
- $946/mo
- Median Home Value
- $195,400
- Median Monthly Housing Cost
- $937/mo