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2024 BEA RPP All 4 categories Federal source

Scranton--Wilkes-Barre, PA

Cost-of-living indicators for Scranton--Wilkes-Barre, PA, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 42540 · Data year: 2024 · Rank: #193 of 387

Scranton--Wilkes-Barre, PA has a cost of living index of 93.6, meaning it's 6.4% less expensive than the national average. Goods cost 0.7% more, services 6.5% more, and rents are 33.0% below average. A $100K national salary has the purchasing power of $106,888 here.

What the Numbers Mean for Scranton

Scranton ranks #193 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 93.6, Scranton--Wilkes-Barre, PA is 6.4% less expensive than the national baseline of 100. The gap between Scranton's most and least expensive categories — services at 106.5 versus rents at 67.0 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $106,888 inside Scranton, while a household needs roughly $93,556 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 67.0 — 33.0% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Scranton's overall index has stayed within 1.5 points, holding steady versus other U.S. metros. For the 2024 data year, goods are indexed at 100.7 and services at 106.5, meaning everyday spending in Scranton is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Scranton Cost Index at a Glance

Scranton all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10093.6

Scranton category breakdown

BEA RPP composition by goods, services, rents, overall

Rents66.987Services106.533Goods100.684Overall93.556

Price Index Summary

Overall

93.6

-6.4 below avg

Goods

100.7

+0.7 above avg

Services

106.5

+6.5 above avg

Rents

67.0

-33.0 below avg

Price Index vs National Average (100)

Overall
National avg

Index 93.6 (-6.4 vs national avg)

Goods
National avg

Index 100.7 (+0.7 vs national avg)

Services
National avg

Index 106.5 (+6.5 vs national avg)

Rents
National avg

Index 67.0 (-33.0 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +6.5% (106.5)
Goods +0.7% (100.7)

Below National Average

Rents -33.0% (67.0)
Overall -6.4% (93.6)

Income Adequacy in Scranton

Scranton income adequacy score

$75,000 median income vs RPP 93.6

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$93,556

in Scranton--Wilkes-Barre, PA purchasing power

$50,000 nationally
$46,778
$75,000 nationally
$70,167
$125,000 nationally
$116,945
$150,000 nationally
$140,334
$200,000 nationally
$187,112

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has remained relatively stable, changing by only 1.5 points over this period.

Year Overall
2008 95.1
2009 96.0
2010 94.1
2011 94.7
2012 94.0
2013 94.6
2014 91.5
2015 95.5
2016 94.8
2017 95.2
2018 92.9
2019 92.9
2020 93.1
2021 93.1
2022 91.9
2023 93.4
2024 93.6

Metros with Similar Cost of Living

These metros have an overall RPP closest to Scranton--Wilkes-Barre, PA's index of 93.6.

Related Data for Scranton

Frequently Asked Questions

What is the cost of living in Scranton--Wilkes-Barre, PA?
Scranton--Wilkes-Barre, PA has a Regional Price Parity (RPP) index of 93.6, meaning it is 6.4% less expensive than the national average. Goods are indexed at 100.7, services at 106.5, and rents at 67.0. It ranks #193 out of 387 U.S. metro areas by overall cost.
What salary do I need in Scranton--Wilkes-Barre, PA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,556 in Scranton--Wilkes-Barre, PA. Conversely, $100K earned in Scranton--Wilkes-Barre, PA has the purchasing power of $106,888 at the national average.
How expensive is rent in Scranton--Wilkes-Barre, PA?
Rents in Scranton--Wilkes-Barre, PA are indexed at 67.0, which is 33.0% below the national average. This makes the area relatively affordable for renters.
Is Scranton--Wilkes-Barre, PA getting more expensive?
From 2008 to 2024, Scranton--Wilkes-Barre, PA's overall cost index changed by -1.5 points (from 95.1 to 93.6). The cost of living has remained relatively stable.
What costs the most in Scranton--Wilkes-Barre, PA?
The most expensive category in Scranton--Wilkes-Barre, PA is services at 106.5, which is 6.5% above the national average. The most affordable category is rents at 67.0, 33.0% below average.
What metros have a similar cost of living to Scranton--Wilkes-Barre, PA?
Metros with the most similar overall cost index include Bloomington, Billings, Roanoke. These areas have RPP values within a few points of Scranton--Wilkes-Barre, PA's 93.6.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

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