Cost of living in Parkville 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 Parkville 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:
The cost of living index in Parkville is 103, with 100 being the average.
The cost of living index in Parkville is 1.0x higher than the national average.
Parkville ranks as the #163 cheapest in Pennsylvania out of 255.
Parkville ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Parkville is $242,649.
The median income in Parkville is $74,509.
According to the most recent data on the cost of living, Parkville has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Pennsylvania, Parkville has a cost of living index that's 1.0x higher than Pennsylvania's index of 100.
The standard of living in Parkville ranks as #163 most affordable out of the 255 places we measured in Pennsylvania. By definition, that implies Parkville ranks as the #92 most expensive place in the Keystone State.
For more reading on life in Parkville, check out:
Six factors go into calculating the cost of living index in Parkville. Here is how it fairs on each of the criteria:
The Services index in Parkville is 102.
The Groceries index in Parkville is 106.
The Health index in Parkville is 96.
The Housing index in Parkville is 99.
The Transportation index in Parkville is 100.
The Utilities index in Parkville is 113.
| Living Expense | Parkville | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 103 | 100 | 100 | |
| Services | 102 | 101 | 100 | |
| Groceries | 106 | 101 | 100 | |
| Health | 96 | 95 | 100 | |
| Housing | 99 | 93 | 100 | |
| Transportation | 100 | 108 | 100 | |
| Utilities | 113 | 108 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Parkville is $242,649.
The Median Rent in Parkville is $1,181.
The Median Income in Parkville is $74,509.
The Home Value To Income in Parkville is 3.3x.
The Rent To Monthly Income in Parkville is 0.19x.
| Statistic | Parkville | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $242,649 | $281,782 | $303,400 |
| Median Rent | $1,181 | $1,162 | $1,348 |
| Median Income | $74,509 | $76,081 | $78,538 |
| Home Value To Income | 3.3x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.21x |
| Item | Parkville | Pennsylvania |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $13.69 | $12.13 |
| Bowling | $23.03 | $18 |
| Haircut | $28.33 | $24.26 |
| Beauty Salon | $58.17 | $45.56 |
| Item | Parkville | Pennsylvania |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $5.46 | $4.93 |
| Pizza | $13.24 | $12.09 |
| Beer | $10.36 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
| Item | Parkville | Pennsylvania |
|---|---|---|
| Optometrist | $114.22 | $125.68 |
| Doctor | $133.22 | $135.78 |
| Dentist | $117.22 | $113.29 |
| Item | Parkville | Pennsylvania |
|---|---|---|
| Gasoline | $3.46 | $3.46 |
| Tire Balancing | $62.66 | $59.92 |
| Item | Parkville | Pennsylvania |
|---|---|---|
| All Electricity | $223.91 | $193.99 |
| Phone | $199.62 | $192.25 |
The cost of living varies in the cities and towns around Parkville. Here's a quick look at the cost of living in the most populous nearby places:
York, PA has a cost of living index of 91, 0.9x Parkville.
Westminster, MD has a cost of living index of 112, 1.1x Parkville.
Hanover, PA has a cost of living index of 97, 0.9x Parkville.
| City | Population | Cost Of Living | Vs. Parkville |
|---|---|---|---|
| York, PA | 44,830 | 91 | 0.9x |
| Westminster, MD | 20,257 | 112 | 1.1x |
| Hanover, PA | 16,483 | 97 | 0.9x |
| Weigelstown, PA | 15,401 | 102 | 1.0x |
| Shiloh, PA | 11,022 | 105 | 1.0x |
| East York, PA | 8,868 | 104 | 1.0x |
| Taneytown, MD | 7,295 | 109 | 1.1x |
| Hampstead, MD | 6,311 | 109 | 1.1x |