Cost Of Living & Real Estate

Cost of Living: Budgeting and Expenses in Our Community

York, Pennsylvania gets a BestPlaces Cost of Living score of 96.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.8% lower than the U.S. average and 1.7% lower than the average for Pennsylvania.

The Pennsylvania personal income tax rate is 3.07%, which is low. Still, Pennsylvania makes up for it with one of the highest property tax burdens in the country. According to the Tax Foundation, it ranks 11th among all states for its property tax burden.

Overall, Pennsylvania has a property tax rate that exceeds the national average. While it isn’t as high as its neighbors, New Jersey and New York, Pennsylvania still has a significant property tax burden. Pennsylvania’s average effective property tax rate is 1.58%, compared to the national average of 1.08% in 2022. Homeowners paid a median of $3,442 in property taxes in 2022.

U.S. News and World Report ranks York in the top 10 places to retire. Retiring and moving to Florida may be the old standard, but Pennsylvania is unseating the Sunshine State as the favored place for new retirees, and York ranks near the top of the most popular cities.Nov 8, 2023

Finding Your Place: Homes and Properties

This Pennsylvania gem is affordable with great job opportunities in education, healthcare, banking and retail. Peruse the fine art and furniture in the Historical Society Museum. Take a look at the Victorian-era Bonham House and the Colonial Complex. The Golden Plough Tavern is the oldest structure in the city. Sample some delicious wines along the Mason-Dixon Wine Trail. Find everything from fun minor league baseball games to local dairy farms to nature centers and Lake Redman.

The suburbs here allow you to escape from the hustle and bustle while still being able to enjoy the conveniences of the big city. The natural beauty of this area, along with Pennsylvania’s great state parks, make for great outdoor recreation. Whether you’re a first-time Pennsylvania homebuyer or a retiree looking to settle down in the Keystone State, NewHomeSource has all the resources you need. Below are the top 10 York suburbs with new homes sure to elevate your quality of life. 

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