Cost of Living in Prospect, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.7
100 = national avg
+8.7 vs national average
Living Wage (1 Adult)
$47,808
per year
Living Wage (Family of 4)
$113,000
per year
Cost Index by Category
Housing94.7
Food111.9
Transportation123.9
Healthcare109.6
Utilities106.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,077
per month
2 Bedroom
$1,299
per month
The overall cost of living index in Prospect is 108.7, which is 8.7% above the national average. Housing costs are below the national average at an index of 94.7. A single adult needs to earn approximately $47,808 per year to cover basic expenses.