Cost of Living in Erie, PA

Updated November 2026 · Erie County · Erie, PA metro area · population 93,850

Local cost index (CostLiving estimate)
91.1
Cheaper than the US average
BEA index for the Erie, PA metro area: 91.0
Monthly budget
$2,187
single adult · $4,650 family of 4
Modelled estimate, before taxes
Median rent
$870
per month, gross rent · US $1,413
Median home value
$115,200
US $332,700 · Very affordable

Prices in Erie are 8.9% below the US average (local index 91.1; the BEA index for the Erie, PA metro area is 91.0), with local housing the biggest saving at 55.5; a single adult's modelled budget is about $2,187 a month and the median rent is $870.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Erie's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Erie, PA metro area, unchanged.

Erie price index by category, US average = 100: All items 91.1, Housing (rents) 55.5, Goods 100.7, Utilities 106.8, Other services 97.7

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the least expensive of the 10 Pennsylvania cities in our data. Cheaper than 89% of the cities we cover.

Official BEA Regional Price Parities for the Erie, PA metro area. 2024: goods 100.7, housing 56.8, utilities 106.8, other services 97.7.
BEA index201920202021202220232024
All items93.992.891.990.791.991.0

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Erie, PA

CategoryPer monthPer yearShare
Housing (rent) $514 $6,168 24%
Utilities $289 $3,468 13%
Food at home $284 $3,408 13%
Transportation $589 $7,068 27%
Health care $344 $4,128 16%
Clothing, personal care & supplies $167 $2,004 8%
Total$2,187$26,244100%

2 adults · 2-bedroom · modelled estimate for Erie, PA

CategoryPer monthPer yearShare
Housing (rent) $714 $8,568 19%
Utilities $458 $5,496 12%
Food at home $524 $6,288 14%
Transportation $1,164 $13,968 30%
Health care $637 $7,644 17%
Clothing, personal care & supplies $329 $3,948 9%
Total$3,826$45,912100%

2 adults + 2 children · 3-bedroom · modelled estimate for Erie, PA

CategoryPer monthPer yearShare
Housing (rent) $776 $9,312 17%
Utilities $558 $6,696 12%
Food at home $748 $8,976 16%
Transportation $1,551 $18,612 33%
Health care $593 $7,116 13%
Clothing, personal care & supplies $424 $5,088 9%
Total$4,650$55,800100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Erie

Rent by number of bedrooms

SizeMedian rent
Studio $596
1 bedroom $655
2 bedrooms $910
3 bedrooms $988
4 bedrooms $1,261

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$870
Median contract rent (excl. utilities)$683
Median home value$115,200
Owner costs with a mortgage$1,139/mo
Median household income$46,113
Rent as % of renter income Expensive32.9%
Home value ÷ household income Very affordable2.5×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Pennsylvania

21.77¢ per kWh, August 2026

12-month change: +9.2% (from 19.93¢) · US 18.16¢

Aug 2025: 19.93¢/kWh Sep 2025: 20.43¢/kWh Oct 2025: 20.48¢/kWh Nov 2025: 20.15¢/kWh Dec 2025: 20.07¢/kWh Jan 2026: 20.19¢/kWh Feb 2026: 20.30¢/kWh Mar 2026: 20.92¢/kWh Apr 2026: 21.47¢/kWh May 2026: 21.55¢/kWh Jun 2026: 21.73¢/kWh Jul 2026: 21.71¢/kWh Aug 2026: 21.77¢/kWh

Average household uses 837 kWh a month in Pennsylvania ≈ $175/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Central Atlantic (PADD 1B)

$4.23 per gallon, week of 2026-11-02

12-month change: +38.3% (from $3.06) · US $4.15

2026-05-11: $4.534/gal 2026-05-18: $4.527/gal 2026-05-25: $4.486/gal 2026-06-01: $4.368/gal 2026-06-08: $4.255/gal 2026-06-15: $4.140/gal 2026-06-22: $4.015/gal 2026-06-29: $3.915/gal 2026-07-06: $3.874/gal 2026-07-13: $3.925/gal 2026-07-20: $4.098/gal 2026-07-27: $4.174/gal 2026-08-03: $4.139/gal 2026-08-10: $4.060/gal 2026-08-17: $4.038/gal 2026-08-24: $4.094/gal 2026-08-31: $4.117/gal 2026-09-07: $4.240/gal 2026-09-14: $4.387/gal 2026-09-21: $4.438/gal 2026-09-28: $4.411/gal 2026-10-05: $4.363/gal 2026-10-12: $4.347/gal 2026-10-19: $4.312/gal 2026-10-26: $4.251/gal 2026-11-02: $4.232/gal

EIA weekly retail price survey; Pennsylvania is covered by the Central Atlantic (PADD 1B) average.

Inflation in the Northeast

Consumer prices in the Northeast Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Erie are 8.9% below the US average, $60,000 here has the buying power of about $65,900 in an average-priced US area.

Same buying power in an average-priced US area$65,900
Needed in Erie to match $60,000 in an average-priced US area$54,600

Formula: US-equivalent = salary × 100 ÷ 91.1. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Youngstown, OH76 mi88.0 $1,999$728
Buffalo, NY82 mi95.7 $2,474$1,046
Tonawanda Town, NY86 mi96.5 $2,618$1,102
Cheektowaga, NY87 mi95.8 $2,413$1,055
Cleveland, OH94 mi91.1 $2,222$945
Lakewood, OH99 mi92.7 $2,411$1,070

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Cleveland, OH91.1 $2,222$945
Auburn, AL91.0 $2,419$1,098
Columbus, GA91.2 $2,314$1,106
Newark, OH91.0 $2,205$973
Des Moines, IA90.9 $2,316$1,090
Bismarck, ND91.2 $2,269$999

Compare Erie with another city

Frequently asked questions

Is Erie, PA an expensive place to live?

Erie has a local cost of living index of 91.1, which is 8.9% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Erie, PA metro area (91.0) and adjusts housing to Erie's own rents. It is 6.5 points below the Pennsylvania average. It is the least expensive of the 10 Pennsylvania cities in our data. Cheaper than 89% of the cities we cover.

How much money do you need to live in Erie?

Our modelled estimate of basic monthly costs is $2,187 for a single adult, $3,826 for a couple and $4,650 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $54,600 in Erie.

What is the average rent in Erie?

The median gross rent (rent plus tenant-paid utilities) is $870 a month (Census ACS 2020-2024). By size: 1 bedroom $655, 2 bedrooms $910, 3 bedrooms $988. The typical renter spends 32.9% of household income on rent (expensive).

How much does a house cost in Erie?

The median owner-estimated home value is $115,200, 2.5 times the median household income of $46,113 (very affordable). Owners with a mortgage pay a median $1,139 a month in housing costs.

How much is electricity and gas in Erie?

Pennsylvania residential electricity averaged 21.77¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.23 a gallon (Central Atlantic (PADD 1B) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources