Cost of Living in Erie County, Pennsylvania

$876/mo
Median Monthly Rent
$169,500
Median Home Value

At a Glance

Median Monthly Rent
$876/mo
9% below state average
Median Home Value
$169,500
40% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Erie County Compares

Median monthly rent comparison

Erie County$876/mo
Pennsylvania Average$960/mo
National Median$1,163/mo

Detailed Housing Stats

$876/mo
Median Gross Rent
$169,500
Median Home Value
$914/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Erie County ranks #2,622 of 3,144 counties for affordability (bottom 17%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Erie County, Pennsylvania

Erie's Rent Burden Tops National Average

Erie County renters spend 17.1% of their income on rent, slightly above the national average of 15.8%, reflecting moderate affordability pressure. The median household income of $61,476 falls well below the national median of $74,755, making every housing dollar count more here.

Middle of the Pack Statewide

Erie's rent-to-income ratio of 17.1% sits slightly above Pennsylvania's state average of 16.5%, placing it in the more affordable half of the state's 67 counties. With median rent at $876 per month versus the state median of $960, Erie offers modest cost relief for renters.

Erie Balances Regional Housing Costs

Erie's $876 monthly rent falls between Fayette County's $771 and Franklin County's $1,071, reflecting Erie's middle position in the region. The median home value of $169,500 is notably lower than Franklin's $236,300 but higher than Fayette's $126,900, offering a moderate entry point for buyers.

Housing Takes 34% of Renters' Budgets

With monthly rent at $876 and median household income of $61,476 (roughly $5,123 monthly), renters dedicate 17.1% to rent alone, while homeowners pay $914 monthly toward ownership. Together, housing costs consume significant portions of household budgets, leaving limited flexibility for other essentials.

Consider Erie for Balanced Living Costs

If you're relocating to Pennsylvania, Erie offers below-state-average rents while maintaining reasonable home values—a strong match for middle-income families. Compare Erie's $876 rent against higher-cost neighbors like Franklin County before deciding where affordability meets your lifestyle needs.

Cost of Living Advisory: Erie County

Affordability Verdict

Erie County is affordable for renters, with a median gross rent of $876/month representing approximately 17.1% of median household income. The rent burden (GRAPI) stands at 29.0%.

Rent vs. Own

At $876/month rent versus $914/month in owner costs, renting is roughly $38/month cheaper — a 4% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,040/year. For owner costs at the 28% rule, the required income is roughly $39,171/year. With a median household income of $61,476, most households can comfortably afford rent here. Notably, 29.0% of renter households in Erie County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Erie County sits 7% more expensive than Clinton County ($815/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Erie County

$

Rent Burden

17.1%

of gross income

Max Housing (28% Rule)

$1,434

per month

Owner Cost Burden

17.8%

of gross income

You can likely afford the median home in Erie County

Median home value is $169,500. Estimated monthly cost: $1,353 vs. your max of $1,434.

Rent Affordability Guide

Your rent-to-income ratio17.1%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,476Needed: $35,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,476Needed: $39,171
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,476Needed: $39,447

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Erie County, Pennsylvania?
Erie County, Pennsylvania has a median monthly rent of $876/mo and a median home value of $169,500. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Erie County?
The median gross rent in Erie County is $876/mo. This is 9% below state average for Pennsylvania.
Is Erie County affordable?
Erie County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Erie County's rent compare to the state average?
Erie County's median rent of $876/mo is 9% below state average of $960/mo for Pennsylvania.
What is the median home value in Erie County?
The median home value in Erie County, Pennsylvania is $169,500. This is 40% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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