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Cost of Living in Williamsport

Is it better to rent or buy in Williamsport? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$66,105
$953/mo

Median in area: $953

$199,238

Median in area: $199,238

$39,848

If you Rent

🔑
$1,159 /mo
Base Rent$953
Est. Utilities$206
% of Income21.0%
Pre-tax Residual$4,350

If you Buy

🏠
$1,502 /mo
P&I (6.5%)$1,007
Taxes & Ins$289
Est. Utilities$206
% of Income27.3%
Pre-tax Residual$4,006

Cost of Living FAQs

Is it cheaper to rent or buy in Williamsport?

Based on median housing data, renting is currently more affordable on a monthly basis in Williamsport. The estimated all-in monthly cost for renting is $1,159, while owning a median-priced home with a 20% down payment is roughly $1,502 per month (a difference of $343).

How much do utilities cost in Williamsport?

The average monthly utility cost (electricity and natural gas) for a typical home in Williamsport is approximately $206. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Williamsport?

To comfortably afford the median rent and utilities in Williamsport without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $46,360 per year.