Quick answer
Prices in State College, PA were 3.2% below the US average in 2024 (Regional Price Parity 96.8, US = 100), with a housing-rent index of 85.7, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 96.762 |
| Goods | 100.684 |
| Housing (rents) | 85.688 |
| Utilities | 109.462 |
| Other services | 97.726 |
| — All items by year — | |
| 2024 | 96.762 |
| 2023 | 93.653 |
| 2022 | 96.484 |
| 2021 | 95.572 |
| 2020 | 98.028 |
| 2019 | 96.918 |
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Last updated 2026-10-16. Data only, not financial or tax advice.