Cost of living in Broomall research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Broomall is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Broomall is 126, with 100 being the average.
The cost of living index in Broomall is 1.3x higher than the national average.
Broomall ranks as the #235 cheapest in Pennsylvania out of 247.
Broomall ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Broomall is $366,600.
The median income in Broomall is $105,867.
According to the most recent data on the cost of living, Broomall has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Pennsylvania, Broomall has a cost of living index that's 1.3x higher than Pennsylvania's index of 97.
The standard of living in Broomall ranks as #235 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Broomall ranks as the #12 most expensive place in the Keystone State.
For more reading on life in Broomall, check out:
Six factors go into calculating the cost of living index in Broomall. Here is how it fairs on each of the criteria:
The Services index in Broomall is 107.
The Groceries index in Broomall is 118.
The Health index in Broomall is 100.
The Housing index in Broomall is 160.
The Transportation index in Broomall is 113.
The Utilities index in Broomall is 110.
Living Expense | Broomall | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 126 | 97 | 100 | |
Services | 107 | 99 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 100 | 97 | 100 | |
Housing | 160 | 85 | 100 | |
Transportation | 113 | 105 | 100 | |
Utilities | 110 | 106 | 100 |
Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Broomall is $366,600.
The Median Rent in Broomall is $1,545.
The Median Income in Broomall is $105,867.
The Home Value To Income in Broomall is 3.5x.
The Rent To Monthly Income in Broomall is 0.18x.
Statistic | Broomall | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $366,600 | $197,300 | $244,900 |
Median Rent | $1,545 | $1,013 | $1,163 |
Median Income | $105,867 | $67,587 | $69,021 |
Home Value To Income | 3.5x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Broomall | Pennsylvania |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $12.0 | $10.68 |
Bowling | $18.8 | $14.67 |
Haircut | $19.66 | $18.62 |
Beauty Salon | $60.55 | $39.05 |
Item | Broomall | Pennsylvania |
---|---|---|
Ground Beef | $4.57 | $4.22 |
Fried Chicken | $1.6 | $1.39 |
Milk | $2.18 | $2.05 |
Potatoes | $3.66 | $3.29 |
Pizza | $10.67 | $10.62 |
Beer | $8.81 | $9.38 |
Toothpaste | $2.34 | $2.34 |
Item | Broomall | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Broomall | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Broomall | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Broomall. Here's a quick look at the cost of living in the most populous nearby places:
Drexel Hill, PA has a cost of living index of 108, 0.9x Broomall.
Ardmore, PA has a cost of living index of 126, 1.0x Broomall.
Lansdowne, PA has a cost of living index of 105, 0.8x Broomall.
City | Population | Cost Of Living | Vs. Broomall |
---|---|---|---|
Drexel Hill, PA | 28,538 | 108 | 0.9x |
Ardmore, PA | 14,391 | 126 | 1.0x |
Lansdowne, PA | 11,007 | 105 | 0.8x |
Ashland, NJ | 9,248 | 117 | 0.9x |
Glenside, PA | 7,411 | 117 | 0.9x |
Maple Glen, PA | 7,255 | 137 | 1.1x |
Clifton Heights, PA | 6,806 | 99 | 0.8x |
Swarthmore, PA | 6,560 | 131 | 1.0x |
Blue Bell, PA | 6,421 | 139 | 1.1x |
Penn Wynne, PA | 6,226 | 130 | 1.0x |