Rent is lower than in 77% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $47,320 a year. That is $23 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
Yes. Rent here is cheaper than in most of Pennsylvania. It is number 95 of 269 cities from cheapest to most expensive.
How much do households earn in Carnegie?
Share of households by yearly income. 18.5% of households earn $100,000 or more.
Rent by apartment size in Carnegie
| Size | Carnegie | U.S. average |
|---|---|---|
| Studio | $1,157 | $1,338 |
| 1 bedroom | $808 | $1,324 |
| 2 bedrooms | $1,014 | $1,509 |
| 3 bedrooms | $1,924 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Carnegie overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Carnegie, so the Pennsylvania figure is shown.
Taxes and bills in Carnegie
Life in Carnegie
Is it cheaper to rent or buy in Carnegie?
About the same. Renting and owning cost within $7 of each other each month.
Owning assumes a typical $171,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $17,150 for the down payment.
Frequently asked questions
What is the average rent in Carnegie, PA?
Renting in Carnegie costs a median of about $1,183 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Carnegie?
To keep rent under 30% of income, you need about $47,320 a year, or $23 an hour at a full-time job.
Is Carnegie cheap or expensive?
Carnegie is rated Cheap: rent takes 19.5% of the typical household income of $72,967. It ranks 95th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Carnegie?
The median homeowner in Carnegie pays $3,242 a year in property taxes, about 1.89% of the median home value.
Is Carnegie more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Carnegie?
The median home value in Carnegie is $171,500, about 2.4 times the typical yearly household income.
7,978 people live in Carnegie. Numbers are typical (middle) values.