Cost of Living in Palmyra, PA
Population 7,769 · Pennsylvania · Data vintage 2023
(100 = US avg)
Palmyra offers a notably favorable income-to-housing ratio for its region. The typical home — $212,000 — costs less than 3 times median household income of $71,018, a threshold many coastal markets passed a decade ago.
Geographically, Palmyra is about 60 miles west of Allentown, the nearest large metro. Median home values run roughly 12% higher than Allentown's $189,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Palmyra
The median home value in Palmyra is $211,900 — 31% below the national median of $305,000. Median rent runs $1,058/month, 19% lower than the national median of $1,314/month. The median household income of $71,018/year is 5% lower than the US median of $74,580. The local unemployment rate is 3.5%, 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%. The climate averages highs of 63.6°F and lows of 45.0°F, with about 29.9" of annual snowfall. Overall, Palmyra has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.
Palmyra has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 39 | 42 | 51 | 64 | 74 | 82 | 87 | 85 | 78 | 66 | 54 | 43 |
| Low °F | 23 | 25 | 32 | 43 | 53 | 63 | 68 | 66 | 58 | 46 | 36 | 28 |
| Precip" | 3.03 | 2.59 | 3.70 | 3.55 | 3.83 | 3.98 | 4.74 | 3.77 | 4.83 | 3.81 | 2.97 | 3.43 |
| Snow" | 9.1 | 9.4 | 5.6 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.8 | 4.4 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Palmyra, PA?
Palmyra has a cost index of 74 (100 = national average). It is 26% below the national average.
What is average rent in Palmyra, PA?
The median gross rent in Palmyra is $1,058 per month based on 2023 Census data.
What is the average home price in Palmyra?
The median home value in Palmyra is $211,900 according to Zillow and Census data.
What is the median income in Palmyra?
The median household income in Palmyra is $71,018 per year (2023 ACS 5-year estimates).
What is the sales tax in Palmyra, PA?
The combined state and local sales tax rate in Palmyra is 6.3%. The Pennsylvania state income tax top rate is 3.1%.
Is Palmyra, PA affordable?
Yes, Palmyra is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.
What is the weather like in Palmyra?
Palmyra has average high temperatures of 63.6°F and average lows of 45.0°F. Annual precipitation is 44.2". Average annual snowfall is 29.9". Data from NOAA 1991–2020 Climate Normals.
Palmyra at a Glance
- Population
- 7,769
- Median Income
- $71,018
- Home Value
- $211,900
- Median Rent
- $1,058/mo
- Unemployment
- 3.5%
- Avg High Temp
- 63.6°F
- Sales Tax
- 6.3%
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