What Is The Cost Of Living In Woodward, Pennsylvania?
Nestled in the mountains of Central Pennsylvania, Woodward is a quaint town with a low cost of living compared to much of the country. If you’re considering a move to Woodward and want to understand what your cost of living would be, this comprehensive guide outlines average prices for housing, utilities, groceries, transportation, healthcare, and more.
If you’re short on time, here’s a quick answer: The overall cost of living in Woodward, PA is about 15% lower than the national average in the United States. The median home price is around $97,000, average monthly rent is $650 for a one-bedroom apartment, groceries cost 20% less than the national average, utilities are inexpensive, and Pennsylvania has fairly low healthcare premiums compared to other states.
Housing Costs
Home Prices
When it comes to housing costs in Woodward, Pennsylvania, home prices are quite affordable compared to other areas. The average price for a single-family home in Woodward is around $200,000. However, it’s important to note that home prices can vary depending on factors such as location, size, and amenities.
For a more accurate estimate, it’s recommended to consult real estate websites like Zillow or Realtor.com to get a better understanding of the current market conditions.
Rent Prices
If you’re not looking to buy a home, renting is another option to consider in Woodward. The average monthly rent for a one-bedroom apartment in the area is around $800. Larger apartments with two or three bedrooms can range from $1,000 to $1,500 per month.
It’s worth mentioning that rent prices may vary based on factors such as location, amenities, and the overall condition of the property. To get a more accurate idea of rental prices in Woodward, websites like Apartments.com or Rent.com can provide detailed listings and rental information.
Utility Costs
Electricity
When it comes to electricity costs in Woodward, Pennsylvania, residents can expect to pay an average monthly bill of around $100. This amount can vary depending on factors such as the size of the home, energy-efficient appliances, and personal usage habits.
It’s important to note that rates may differ between different utility providers in the area, so it’s advisable to compare prices and plans to find the best option for your needs. For more information on electricity rates in the area, you can visit the Woodward Utilities website.
Natural Gas
For those who use natural gas for heating and cooking, the average monthly bill in Woodward, Pennsylvania is around $50. This cost can fluctuate depending on the size of the home, insulation, and energy-efficient appliances.
To find out more about natural gas rates and providers in the area, you can visit the Woodward Utilities website. It’s also worth considering energy-saving measures such as proper insulation and regular maintenance of gas appliances to help reduce costs.
Water and Sewer
The average monthly water and sewer bill in Woodward, Pennsylvania is approximately $50. This includes both the cost of water consumption and the maintenance of sewer systems. However, it’s important to note that water rates can vary depending on the size of the household and the amount of water used.
For more information on water and sewer rates in the area, you can visit the Woodward Utilities website. Implementing water-saving habits such as fixing leaks and using efficient appliances can help lower your water bill.
Garbage Collection
Garbage collection services in Woodward, Pennsylvania are typically provided by the local municipality. The cost for this service is usually included in property taxes or billed separately on a quarterly basis.
On average, residents can expect to pay around $20 to $30 per month for garbage collection. However, this can vary depending on factors such as the size of the household and the frequency of collection.
For more information on garbage collection services in Woodward, it’s advisable to visit the official website of the municipality.
Internet
When it comes to internet service providers in Woodward, Pennsylvania, residents have a few options to choose from. The cost of internet services can vary depending on the speed and package chosen. On average, residents can expect to pay around $50 to $100 per month for internet.
It’s advisable to compare prices and plans from different providers to find the best option for your needs. To find out more about internet providers and their rates in Woodward, you can visit websites such as Comcast or Verizon.
Grocery Costs
When it comes to the cost of living in Woodward, Pennsylvania, one of the major factors to consider is grocery costs. The price of groceries can vary significantly depending on various factors such as location, store choices, and individual shopping habits.
Woodward, being a small town, may not have as many grocery store options as larger cities, but it still offers residents access to essential food items.
Local Grocery Stores
Woodward has a few local grocery stores that cater to the needs of its residents. These stores provide a range of products, including fresh produce, dairy, meat, and pantry staples. While the prices at local stores may be slightly higher compared to larger supermarket chains, they offer convenience and a personal touch that many residents appreciate.
Comparison with Nearby Cities
For some residents, traveling to nearby cities for grocery shopping might be an option. Cities like State College and Bellefonte are within a reasonable driving distance from Woodward and offer a wider variety of grocery stores and supermarkets.
Residents who are willing to make the trip can take advantage of competitive pricing and discounts available at these larger establishments.
According to a study conducted by Numbeo, the average cost of groceries in Pennsylvania is slightly below the national average. However, it’s important to note that prices can vary depending on the specific location within the state.
Budgeting for Groceries
Regardless of where residents choose to shop for groceries, budgeting is essential to manage expenses effectively. By planning meals, making a shopping list, and comparing prices, residents can save money on their grocery bills.
Additionally, taking advantage of sales, promotions, and coupons can further reduce costs.
It’s worth mentioning that the cost of living in Woodward, Pennsylvania, extends beyond just grocery expenses. Other factors such as housing, transportation, utilities, and healthcare also contribute to the overall cost.
Understanding and considering these factors is crucial when assessing the affordability of living in Woodward.
Transportation Costs
Gasoline
When considering the cost of living in Woodward, Pennsylvania, it’s important to take into account transportation expenses. One major factor to consider is the cost of gasoline. The price of gasoline can vary depending on current market conditions and location. According to the U.S.
Energy Information Administration, the average price of regular gasoline in Pennsylvania is around $2.50 per gallon. However, it’s always a good idea to check local gas stations for the most accurate and up-to-date prices.
Public Transportation
In Woodward, Pennsylvania, public transportation options may be limited compared to larger cities. However, there are still some options available for those who prefer not to drive or own a car. The local bus service, for example, provides transportation within the town and nearby areas at an affordable cost.
Additionally, carpooling and ride-sharing services like Uber and Lyft are also options to consider for commuting or traveling within the area.
Taxes and Fees
When it comes to transportation costs, it’s important to consider taxes and fees associated with owning a vehicle. In Pennsylvania, there are various taxes and fees that drivers are required to pay. These include vehicle registration fees, driver’s license fees, and vehicle inspection fees.
Additionally, Pennsylvania also has a state gasoline tax, which is currently set at 58.7 cents per gallon. These taxes and fees can contribute to the overall cost of living in Woodward, Pennsylvania.
Healthcare Costs
Health Insurance
When considering the cost of living in Woodward, Pennsylvania, it is important to take into account the expenses associated with healthcare. One significant aspect of healthcare costs is health insurance.
Having a comprehensive health insurance plan ensures that individuals and families have access to the necessary medical services without worrying about high out-of-pocket expenses.
Woodward, Pennsylvania offers a variety of health insurance options for its residents. Individuals can choose from private health insurance plans or opt for coverage provided by their employers. It is essential to carefully compare the different plans available, considering factors such as premiums, deductibles, and coverage limits.
For those who qualify, the Pennsylvania Medicaid program provides assistance to low-income individuals and families. This program can help alleviate the financial burden of healthcare costs, ensuring that everyone has access to essential medical services.
Medical Costs
In addition to health insurance, another aspect to consider when assessing the cost of living in Woodward, Pennsylvania is the cost of medical services. The fees associated with doctor visits, prescriptions, and hospital stays can significantly impact an individual’s budget.
The cost of medical services can vary depending on factors such as the type of treatment, the healthcare provider, and the location. It is advisable to research and compare prices before seeking medical care.
Some websites provide information on healthcare costs, allowing individuals to make informed decisions about where to receive treatment.
Local clinics and hospitals in Woodward, Pennsylvania offer a range of medical services at different price points. It is worth exploring these options to find the most affordable and convenient healthcare providers in the area.
Additionally, some healthcare facilities may offer discounts or payment plans for individuals without insurance or those who are unable to afford the full cost of treatment.
Taxes
Income Tax
When considering the cost of living in Woodward, Pennsylvania, it is important to take into account the income tax rates. Woodward follows the state income tax system, which has a progressive tax structure.
This means that individuals with higher income levels are subject to higher tax rates, while those with lower incomes pay a lower tax rate. The current state income tax rate in Pennsylvania is 3.07%. It’s important to note that this rate may vary depending on your total taxable income.
For more detailed information on income tax rates in Pennsylvania, you can visit the official website of the Pennsylvania Department of Revenue.
Sales Tax
Another factor to consider when calculating the cost of living in Woodward is the sales tax rate. Pennsylvania has a statewide sales tax rate of 6%, which is applicable to most purchases made within the state.
It’s important to note that certain items, such as groceries and prescription drugs, are exempt from sales tax. Additionally, some municipalities in Pennsylvania may impose an additional local sales tax, so it’s always a good idea to check the specific rates in Woodward.
For more information on sales tax rates in Pennsylvania, you can visit the official website of the Pennsylvania Department of Revenue.
Property Tax
Property tax is an essential consideration for homeowners in Woodward. The property tax rate in Pennsylvania is determined by the local government and can vary significantly depending on the municipality. In Woodward, the average property tax rate is 1.25%.
However, it’s important to note that this rate may vary depending on the assessed value of your property. For more information on property tax rates in Woodward, you can visit the Pennsylvania Treasury’s property tax website.
Understanding the various tax rates is crucial when calculating the cost of living in Woodward, Pennsylvania. By considering income tax, sales tax, and property tax rates, individuals can better estimate their overall expenses and make informed decisions about their finances.
Conclusion
Woodward offers an exceptionally low cost of living compared to much of the United States. With affordable housing, cheap utilities, low grocery prices, inexpensive transportation, and reasonable healthcare costs and taxes, it’s an ideal location for those looking to stretch their budget.
The overall cost of living is about 15% under the national average, with especially low prices for basic necessities. While salaries tend to be lower than other parts of the country, Woodward residents enjoy a higher standard of living thanks to the area’s low prices and mountain small-town charm.
