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 $47,240 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 94 of 269 cities from cheapest to most expensive.
How much do households earn in Punxsutawney?
Share of households by yearly income. 12.0% of households earn $100,000 or more.
Rent by apartment size in Punxsutawney
| Size | Punxsutawney | U.S. average |
|---|---|---|
| 1 bedroom | $551 | $1,324 |
| 2 bedrooms | $921 | $1,509 |
| 3 bedrooms | $948 | $1,698 |
| 4 bedrooms | $1,027 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Punxsutawney 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 Punxsutawney, so the Pennsylvania figure is shown.
Taxes and bills in Punxsutawney
Life in Punxsutawney
Is it cheaper to rent or buy in Punxsutawney?
Buying is cheaper month to month: about $494 a month less than renting.
Owning assumes a typical $99,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,900 for the down payment.
Frequently asked questions
What is the average rent in Punxsutawney, PA?
Renting in Punxsutawney costs a median of about $1,181 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Punxsutawney?
To keep rent under 30% of income, you need about $47,240 a year, or $23 an hour at a full-time job.
Is Punxsutawney cheap or expensive?
Punxsutawney is rated Expensive: rent takes 31.2% of the typical household income of $45,494. It ranks 94th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Punxsutawney?
The median homeowner in Punxsutawney pays $1,093 a year in property taxes, about 1.10% of the median home value.
Is Punxsutawney 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 Punxsutawney?
The median home value in Punxsutawney is $99,000, about 2.2 times the typical yearly household income.
5,665 people live in Punxsutawney. Numbers are typical (middle) values.