Cost of Living in New Freedom, PA

Population 5,003 · Pennsylvania · Data vintage 2023

114
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

New Freedom is a smaller Pennsylvania community of around 5000 residents, where median household incomes of $109,894 and housing costs ($344,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

Geographically, New Freedom is about 30 miles north of Baltimore, the nearest large metro. Median home values run roughly 57% higher than Baltimore's $219,000.

Cost Overview

Housing 113
Rent 116

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

About the Cost of Living in New Freedom

The median home value in New Freedom is $344,100 — 13% above the national median of $305,000. Median rent runs $1,519/month, 16% higher than the national median of $1,314/month. The median household income of $109,894/year is 47% higher than the US median of $74,580. The local unemployment rate is 1.4%, below the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. Overall, New Freedom has a cost of living index of 114 versus the US average of 100, meaning it is 14% more expensive.

🏠 Housing

Median Home Value
$344,100
13% above avg
Zillow Home Value
$409,170
Zillow ZHVI
Median Rent
$1,519/mo
16% above avg
Price-to-Rent Ratio
18.9x
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 90.5%
Renter-occupied 9.5%

💰 Estimated Monthly Budget

Rent median rent
$1,519
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,133/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
37.3 min
38% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.6%

Commute Mode

Drove alone
73.7%
Carpooled
4.6%
Walked
1.4%
Work from home
19.6%

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
$109,894
47% above avg
Per Capita Income
$46,546
Unemployment Rate
1.4%
70% below avg
Poverty Rate
2.8%
Labor Force Participation
60.6%

🎓 Education

Bachelor's degree+ 28.1%
Graduate degree 14.0%

👥 Demographics

Median Age 47.1
Male median age 46.9
Female median age 47.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55.6%
Good air days/yr
256
Max AQI recorded
208
PM2.5 days
147
Ozone days

Frequently Asked Questions

What is the cost of living in New Freedom, PA?

New Freedom has a cost index of 114 (100 = national average). It is 14% above the national average.

What is average rent in New Freedom, PA?

The median gross rent in New Freedom is $1,519 per month based on 2023 Census data.

What is the average home price in New Freedom?

The median home value in New Freedom is $344,100 according to Zillow and Census data.

What is the median income in New Freedom?

The median household income in New Freedom is $109,894 per year (2023 ACS 5-year estimates).

What is the sales tax in New Freedom, PA?

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

Is New Freedom, PA affordable?

New Freedom is above average in cost of living, with an index of 114 — about 14% higher than the national average.

New Freedom at a Glance

Population
5,003
Median Income
$109,894
Home Value
$344,100
Median Rent
$1,519/mo
Unemployment
1.4%
Sales Tax
6.3%
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Explore county-level cost of living data

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