According to the most recent data on the cost of living, Mount Carmel has an overall cost of living index of 78 which is 0.8x lower than the national index of 100.
Compared to only Pennsylvania, Mount Carmel has a cost of living index that's 0.8x lower than Pennsylvania's index of 99.
The standard of living in Mount Carmel ranks as #110 most affordable out of the 6,522 places we measured in Pennsylvania. By definition, that implies Mount Carmel ranks as the #6,297 most expensive place in the Keystone State.
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Housing swings affordability the most between places in Pennsylvania, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.