Cost of Living in Palo Alto, PA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

85.8

100 = national avg

-14.2 vs national average

Living Wage (1 Adult)

$37,733

per year

Living Wage (Family of 4)

$89,187

per year

Cost Index by Category

Housing
77.2
Food
93.5
Transportation
86.9
Healthcare
94.8
Utilities
91.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$786

per month

2 Bedroom

$1,030

per month

The overall cost of living index in Palo Alto is 85.8, which is 14.2% below the national average. Housing costs are below the national average at an index of 77.2. A single adult needs to earn approximately $37,733 per year to cover basic expenses.