Cost of Living in Shamokin Dam, PA

With a cost of living index of 79, Shamokin Dam, PA is a very affordable place to live. Living here is 21% cheaper than the national average and 4% below the Pennsylvania state average of 83. Shamokin Dam is a small community of 1,758 residents.

Housing costs are the biggest factor in Shamokin Dam'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 $195,400 (36% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Shamokin Dam is $77,721, which is 3% higher than the national median of $75,149. Residents spend roughly 15% 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.