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2024 BEA RPP All 4 categories Federal source

York-Hanover, PA

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

CBSA: 49620 · Data year: 2024 · Rank: #145 of 387

York-Hanover, PA has a cost of living index of 96.0, meaning it's 4.0% less expensive than the national average. Goods cost 0.7% more, services 7.0% more, and rents are 20.2% below average. A $100K national salary has the purchasing power of $104,167 here.

What the Numbers Mean for York

York ranks #145 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 96.0, York-Hanover, PA is 4.0% less expensive than the national baseline of 100. The gap between York's most and least expensive categories — services at 107.0 versus rents at 79.8 — 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 $104,167 inside York, while a household needs roughly $96,000 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 79.8 — 20.2% 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, York's overall index has fallen by 3.1 points, improving relative affordability. For the 2024 data year, goods are indexed at 100.7 and services at 107.0, meaning everyday spending in York 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.

York Cost Index at a Glance

York all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10096

York category breakdown

BEA RPP composition by goods, services, rents, overall

Rents79.762Services107.011Goods100.684Overall96

Price Index Summary

Overall

96.0

-4.0 below avg

Goods

100.7

+0.7 above avg

Services

107.0

+7.0 above avg

Rents

79.8

-20.2 below avg

Price Index vs National Average (100)

Overall
National avg

Index 96.0 (-4.0 vs national avg)

Goods
National avg

Index 100.7 (+0.7 vs national avg)

Services
National avg

Index 107.0 (+7.0 vs national avg)

Rents
National avg

Index 79.8 (-20.2 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Above National Average

Services +7.0% (107.0)
Goods +0.7% (100.7)

Below National Average

Rents -20.2% (79.8)
Overall -4.0% (96.0)

Income Adequacy in York

York income adequacy score

$75,000 median income vs RPP 96.0

0/100100/100100/100

Salary Equivalent

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

$96,000

in York-Hanover, PA purchasing power

$50,000 nationally
$48,000
$75,000 nationally
$72,000
$125,000 nationally
$120,000
$150,000 nationally
$144,000
$200,000 nationally
$192,000

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 3.1 points over this period.

Year Overall
2008 99.1
2009 100.0
2010 98.3
2011 95.8
2012 96.5
2013 99.0
2014 97.6
2015 98.5
2016 98.0
2017 100.2
2018 97.7
2019 96.6
2020 97.7
2021 96.7
2022 95.6
2023 97.1
2024 96.0

Metros with Similar Cost of Living

These metros have an overall RPP closest to York-Hanover, PA's index of 96.0.

Related Data for York

Frequently Asked Questions

What is the cost of living in York-Hanover, PA?
York-Hanover, PA has a Regional Price Parity (RPP) index of 96.0, meaning it is 4.0% less expensive than the national average. Goods are indexed at 100.7, services at 107.0, and rents at 79.8. It ranks #145 out of 387 U.S. metro areas by overall cost.
What salary do I need in York-Hanover, PA to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $96,000 in York-Hanover, PA. Conversely, $100K earned in York-Hanover, PA has the purchasing power of $104,167 at the national average.
How expensive is rent in York-Hanover, PA?
Rents in York-Hanover, PA are indexed at 79.8, which is 20.2% below the national average. This makes the area relatively affordable for renters.
Is York-Hanover, PA getting more expensive?
From 2008 to 2024, York-Hanover, PA's overall cost index changed by -3.1 points (from 99.1 to 96.0). The cost of living has been declining.
What costs the most in York-Hanover, PA?
The most expensive category in York-Hanover, PA is services at 107.0, which is 7.0% above the national average. The most affordable category is rents at 79.8, 20.2% below average.
What metros have a similar cost of living to York-Hanover, PA?
Metros with the most similar overall cost index include Vineland, Racine-Mount Pleasant, Springfield. These areas have RPP values within a few points of York-Hanover, PA's 96.0.

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.

All federal data sources used on this page