Cost of Living in Reading, PA

Population 94,836 · Pennsylvania · Data vintage 2023

53
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Reading's median household income of $45,599 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (27% here). Unemployment has stayed elevated relative to the national figure — 12.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Reading is about 30 miles southwest of Allentown, the nearest large metro. Median home values run roughly 42% lower than Allentown's $189,000.

Cost Overview

Housing 36
Rent 77

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

About the Cost of Living in Reading

The median home value in Reading is $109,800 — 64% below the national median of $305,000. Median rent runs $1,018/month, 23% lower than the national median of $1,314/month. The median household income of $45,599/year is 39% lower than the US median of $74,580. The local unemployment rate is 12.1%, 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 63.4°F and lows of 44.1°F. Overall, Reading has a cost of living index of 53 versus the US average of 100, meaning it is 47% less expensive.

🏠 Housing

Median Home Value
$109,800
64% below avg
Zillow Home Value
$256,603
Zillow ZHVI
Median Rent
$1,018/mo
23% below avg
Zillow Rent
$1,403/mo
Zillow ZORI
Price-to-Rent Ratio
9.0x
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 39.7%
Renter-occupied 60.3%

💰 Estimated Monthly Budget

Rent median rent
$1,018
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,632/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
25.7 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.0%

Commute Mode

Drove alone
63.7%
Carpooled
15.8%
Public transit
3.9%
Walked
5.4%
Bicycle
0.1%
Work from home
5.0%

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
$45,599
39% below avg
Per Capita Income
$21,394
Unemployment Rate
12.1%
152% above avg
Poverty Rate
27.0%
Labor Force Participation
61.9%

🎓 Education

Bachelor's degree+ 8.2%
Graduate degree 3.5%

👥 Demographics

Median Age 31.7
Male median age 31
Female median age 32.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.4°F
Avg Low
44.1°F
Annual Precip
45.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394251637482878477655443
Low °F 232432425261666457453528
Precip" 2.972.613.533.353.514.774.774.494.883.803.023.51

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56.3%
Good air days/yr
287
Max AQI recorded
193
PM2.5 days
171
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

77.8%
4-Year Graduation Rate
15.8:1
Student-teacher ratio
32
Public schools
26,692
Total enrollment

Frequently Asked Questions

What is the cost of living in Reading, PA?

Reading has a cost index of 53 (100 = national average). It is 47% below the national average.

What is average rent in Reading, PA?

The median gross rent in Reading is $1,018 per month based on 2023 Census data.

What is the average home price in Reading?

The median home value in Reading is $109,800 according to Zillow and Census data.

What is the median income in Reading?

The median household income in Reading is $45,599 per year (2023 ACS 5-year estimates).

What is the sales tax in Reading, PA?

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

Is Reading, PA affordable?

Yes, Reading is generally considered affordable, with a cost of living index of 53 — about 47% below the US national average of 100.

What is the weather like in Reading?

Reading has average high temperatures of 63.4°F and average lows of 44.1°F. Annual precipitation is 45.2". Data from NOAA 1991–2020 Climate Normals.

Reading at a Glance

Population
94,836
Median Income
$45,599
Home Value
$109,800
Median Rent
$1,018/mo
Unemployment
12.1%
Avg High Temp
63.4°F
Sales Tax
6.3%
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