Cost of Living in Rankin, PA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
58.5
100 = national avg
-41.5 vs national average
Living Wage (1 Adult)
$25,722
per year
Living Wage (Family of 4)
$60,797
per year
Cost Index by Category
Housing53.2
Food72.8
Transportation45.5
Healthcare78.2
Utilities74.3
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 Rankin is 58.5, which is 41.5% below the national average. Housing costs are below the national average at an index of 53.2. A single adult needs to earn approximately $25,722 per year to cover basic expenses.