Housing costs in Lima?
A typical home costs
$328,700, which is 2.8% less expensive than the national average of
$338,100 and 35.4% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Lima costs
$1,590 per month, which is 11.2% more than the national average of
$1,430 and 23.9% more than the state average of
$1,210.
Can I afford Lima?
To live comfortably in Lima, Pennsylvania, a minimum annual income of
$63,000 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Lima?
The cost of living in Lima, PA is very reasonable. According to Sperling鈥檚 黑料社区 黑料社区 Index, the overall cost of living in Lima is 8% lower than the United States average. This means that residents have more purchasing power for day-to-day expenses like groceries, utilities, and housing. Housing prices are also especially budget friendly compared to other areas in Pennsylvania. The median home value is about $95,000, which is significantly lower than the national median of $184,700. In addition, transportation costs are quite low as well due to the city's close proximity to major highways and interstate access points. All in all, living in Lima can be an affordable choice for individuals or families looking for good value on their cost of living expenses.