Cost of Living in Thompsontown, PA

With a cost of living index of 68, Thompsontown, PA is one of the most affordable cities in the country. Living here is 32% cheaper than the national average and 15% below the Pennsylvania state average of 83. Thompsontown is a small community of 554 residents.

Housing costs are the biggest factor in Thompsontown's cost of living. The median monthly rent is $707 (46% below the US median of $1,319), and the median home value sits at $158,300 (48% below the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in Thompsontown is $41,875, which is 44% lower than the national median of $75,149. Residents spend roughly 20% 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.

Climate is another factor for anyone considering a move to Thompsontown. The area sees an average annual temperature of 51.1°F, with summers averaging 71°F and winters around 30°F. Annual rainfall totals 40.9 inches spread over roughly 149 days.

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.