📈 Investment & Retirement Calculators Pennsylvania

Pennsylvania Retirement Calculator

Plan your retirement in Pennsylvania. Factor in lower cost of living and state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Pennsylvania Quick Facts

3.1% Income Tax Rate

1.58% Property Tax Rate

$67,587 Median Income

98.7 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for Pennsylvania. Pennsylvania has a flat 3.07% state income tax on retirement income. Cost of living index: 98.7 (100 = national avg). Desired income is pre-filled based on 80% of Pennsylvania's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in Pennsylvania: Pennsylvania has a flat 3.07% state income tax on retirement income. Cost of living: 98.7/100. Property tax: 1.58%. Median home: $265,000. Average home insurance: $1,380/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is Pennsylvania a good state to retire in?

Pennsylvania has relatively low taxes, making it favorable for retirees. Cost of living is near the national average. Median home price: $265,000.

How much do I need to retire in Pennsylvania?

Using the 4% rule, to generate $4,506/month (80% of Pennsylvania median income) you'd need approximately $1,351,740 saved. Adjust up or down based on your lifestyle and housing costs.