Economy, PA Cost Of Living

The latest cost of living statistics for Economy. Includes statistics on rent, mortgages, healthcare, and other costs for Economy compared to the state and national averages.

Cost of living in Economy, Pennsylvania

Cost of living in Economy research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Economy is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

102 Cost of living index 1.0x higher vs US
#171 Cheapest in Pennsylvania (of 253)
#2,732 Cheapest in the U.S. (of 6,489)
$278,625 Median home value
$1,009 Median rent
$95,313 Median income
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What is the cost of living in Economy, PA?

According to the most recent data on the cost of living, Economy has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.

Compared to Pennsylvania, Economy has a cost of living index that's 1.1x higher than Pennsylvania's index of 97.

The standard of living in Economy ranks as #171 most affordable out of the 253 places we measured in Pennsylvania. By definition, that implies Economy ranks as the #82 most expensive place in the Keystone State.

For more reading on life in Economy, check out:

Economy Cost Of Living Vs. Pennsylvania

Six factors go into calculating the cost of living index in Economy. Here is how it fares on each of the criteria:

  • The Services index in Economy is 99.

  • The Groceries index in Economy is 103.

  • The Health index in Economy is 101.

  • The Housing index in Economy is 104.

  • The Transportation index in Economy is 104.

  • The Utilities index in Economy is 101.

Living Expense Economy Pennsylvania National Average
Overall 102 97 100
Services 99 99 100
Groceries 103 100 100
Health 101 88 100
Housing 104 102 100
Transportation 104 100 100
Utilities 101 101 100

Economy Cost Of Living Compared To Pennsylvania Averages

Services
Economy 99
Pennsylvania avg 99
Groceries
Economy 103
Pennsylvania avg 100
Health
Economy 101
Pennsylvania avg 88
Housing
Economy 104
Pennsylvania avg 102
Transportation
Economy 104
Pennsylvania avg 100
Utilities
Economy 101
Pennsylvania avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Pennsylvania, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Economy, PA Housing Cost Breakdown

$278,625Median Home Value
$1,009Median Rent
$95,313Median Income

Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Economy is $278,625.

  • The Median Rent in Economy is $1,009.

  • The Median Income in Economy is $95,313.

  • The Home Value To Income in Economy is 2.9x.

  • The Rent To Monthly Income in Economy is 0.13x.

Statistic Economy Pennsylvania United States
Median Home Value $278,625 $282,735 $332,700
Median Rent $1,009 $1,209 $1,413
Median Income $95,313 $77,971 $80,734
Home Value To Income 2.9x 3.6x 4.1x
Rent To Monthly Income 0.13x 0.19x 0.21x

Economy, PA Costs By Category

Detailed Economy Services costs vs. Pennsylvania
Item Economy Pennsylvania
Shampoo $1.39 $1.28
Movie $11.77 $12.13
Bowling $16.24 $18
Haircut $23.73 $24.26
Beauty Salon $40.4 $45.56
Detailed Economy Groceries costs vs. Pennsylvania
Item Economy Pennsylvania
Ground Beef $5.7 $5.84
Fried Chicken $1.41 $1.57
Milk $4.52 $4.67
Potatoes $5.47 $4.93
Pizza $12.83 $12.09
Beer $10.58 $10.41
Toothpaste $3.72 $3.7
Detailed Economy Health costs vs. Pennsylvania
Item Economy Pennsylvania
Optometrist $109.26 $125.68
Doctor $100.92 $135.78
Dentist $110.5 $113.29
Detailed Economy Transportation costs vs. Pennsylvania
Item Economy Pennsylvania
Gasoline $3.73 $3.46
Tire Balancing $64.05 $59.92
Detailed Economy Utilities costs vs. Pennsylvania
Item Economy Pennsylvania
All Electricity $270.68 $193.99
Phone $196.77 $192.25

Economy SnackAbility

5Overall SnackAbility
Jobs 8.5/10
Housing 7/10
Affordability 8.5/10
Diversity 3/10
SafetyN/A
Amenities 7/10
Education 8.5/10
Commute 6/10

Cost Of Living In Cities Around Economy

The cost of living varies in the cities and towns around Economy. Here's a quick look at the cost of living in the most populous nearby places:

  • Allison Park, PA has a cost of living index of 108, 1.1x Economy.

  • Franklin Park, PA has a cost of living index of 133, 1.3x Economy.

  • Carnot-Moon, PA has a cost of living index of 102, 1.0x Economy.

City Population Cost Of Living Vs. Economy
Allison Park, PA 22,045 108 1.1x
Franklin Park, PA 15,235 133 1.3x
Carnot-Moon, PA 13,534 102 1.0x
Glenshaw, PA 9,139 102 1.0x
Aliquippa, PA 9,079 85 0.8x
Bellevue, PA 8,128 96 0.9x
Dormont, PA 8,063 96 0.9x
Carnegie, PA 7,978 95 0.9x
Ambridge, PA 6,890 85 0.8x
West View, PA 6,533 93 0.9x