Cost of Living in Farrell, PA

Population 4,239 · Pennsylvania · Data vintage 2023

40
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Farrell run well below national norms — a median of $40,405 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $76,000). At 8.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 55 miles east of Akron, Farrell is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 31% lower than Akron's $111,000.

Cost Overview

Housing 25
Rent 63

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Farrell

The median home value in Farrell is $76,200 — 75% below the national median of $305,000. Median rent runs $832/month, 37% lower than the national median of $1,314/month. The median household income of $40,405/year is 46% lower than the US median of $74,580. The local unemployment rate is 8.5%, above the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. The climate averages highs of 59.7°F and lows of 40.1°F, with about 67.8" of annual snowfall. Overall, Farrell has a cost of living index of 40 versus the US average of 100, meaning it is 60% less expensive.

🏠 Housing

Median Home Value
$76,200
75% below avg
Zillow Home Value
$475,549
Zillow ZHVI
Median Rent
$832/mo
37% below avg
Price-to-Rent Ratio
7.6x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 60.0%
Renter-occupied 40.0%

💰 Estimated Monthly Budget

Rent median rent
$832
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,446/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
17.0 min
37% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.3%

Commute Mode

Drove alone
82.7%
Carpooled
12.6%
Walked
0.8%
Work from home
3.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$40,405
46% below avg
Per Capita Income
$28,511
Unemployment Rate
8.5%
77% above avg
Poverty Rate
28.4%
Labor Force Participation
45.6%

🎓 Education

Bachelor's degree+ 9.4%
Graduate degree 4.2%

👥 Demographics

Median Age 46.4
Male median age 39.7
Female median age 51.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
40.1°F
Annual Precip
41.2"
Annual Snowfall
67.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343747607179838174625039
Low °F 192128384856605952423326
Precip" 3.032.523.213.753.723.904.273.483.843.342.963.17
Snow" 19.615.110.52.60.00.00.00.00.00.74.514.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
65.1%
Good air days/yr
196
Max AQI recorded
145
PM2.5 days
219
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
10.7:1
Student-teacher ratio
2
Public schools
641
Total enrollment

Frequently Asked Questions

What is the cost of living in Farrell, PA?

Farrell has a cost index of 40 (100 = national average). It is 60% below the national average.

What is average rent in Farrell, PA?

The median gross rent in Farrell is $832 per month based on 2023 Census data.

What is the average home price in Farrell?

The median home value in Farrell is $76,200 according to Zillow and Census data.

What is the median income in Farrell?

The median household income in Farrell is $40,405 per year (2023 ACS 5-year estimates).

What is the sales tax in Farrell, PA?

The combined state and local sales tax rate in Farrell is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is Farrell, PA affordable?

Yes, Farrell is generally considered affordable, with a cost of living index of 40 — about 60% below the US national average of 100.

What is the weather like in Farrell?

Farrell has average high temperatures of 59.7°F and average lows of 40.1°F. Annual precipitation is 41.2". Average annual snowfall is 67.8". Data from NOAA 1991–2020 Climate Normals.

Farrell at a Glance

Population
4,239
Median Income
$40,405
Home Value
$76,200
Median Rent
$832/mo
Unemployment
8.5%
Avg High Temp
59.7°F
Sales Tax
6.3%
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