Cost of living in Oil City, Pennsylvania

Oil City, Pennsylvania has about 9,468 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $74,100.

HUD's fair-market rent for a 2-bedroom in Venango County is $1,014 a month. That is the county number, not an apartment listing in Oil City. It runs from October 2026 through September 2027.

Pennsylvania's prices sit at 97.6 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.

Pennsylvania taxes wages. A typical combined sales tax is 6.3% as of January 1, 2026. That mix is statewide, not Oil City's exact store tax.

Some places in Pennsylvania add a local wage tax. In 2023 the state average was about 0.99% of income. That is not a Oil City bill.

In July 2026, a typical Pennsylvania home paid 21.72¢ per kilowatt-hour. That is a state average from EIA, not Oil City's bill.

EIA does not publish a Pennsylvania gasoline price. For the week of October 12, 2026, the Central Atlantic (PADD 1B) all-grades price was $4.470 a gallon. At 12,000 miles a year and 25 mpg, the index counts that as $2,145.60 a year. Those miles are our standard, not a Census figure, and every town in Pennsylvania shares this price.

Among 873 places we list in Pennsylvania with a rent figure, 703 have higher typical rent than Oil City.