Cost of living in Folcroft 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 Folcroft 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 Folcroft is 102, with 100 being the average.
The cost of living index in Folcroft is 1.0x higher than the national average.
Folcroft ranks as the #165 cheapest in Pennsylvania out of 247.
Folcroft ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Folcroft is $117,800.
The median income in Folcroft is $55,039.
According to the most recent data on the cost of living, Folcroft has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Pennsylvania, Folcroft has a cost of living index that's 1.1x higher than Pennsylvania's index of 97.
The standard of living in Folcroft ranks as #165 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Folcroft ranks as the #82 most expensive place in the Keystone State.
For more reading on life in Folcroft, check out:
Six factors go into calculating the cost of living index in Folcroft. Here is how it fairs on each of the criteria:
The Services index in Folcroft is 107.
The Groceries index in Folcroft is 119.
The Health index in Folcroft is 99.
The Housing index in Folcroft is 78.
The Transportation index in Folcroft is 115.
The Utilities index in Folcroft is 111.
Living Expense | Folcroft | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 102 | 97 | 100 | |
Services | 107 | 99 | 100 | |
Groceries | 119 | 101 | 100 | |
Health | 99 | 97 | 100 | |
Housing | 78 | 85 | 100 | |
Transportation | 115 | 105 | 100 | |
Utilities | 111 | 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 Folcroft is $117,800.
The Median Rent in Folcroft is $1,381.
The Median Income in Folcroft is $55,039.
The Home Value To Income in Folcroft is 2.1x.
The Rent To Monthly Income in Folcroft is 0.3x.
Statistic | Folcroft | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $117,800 | $197,300 | $244,900 |
Median Rent | $1,381 | $1,013 | $1,163 |
Median Income | $55,039 | $67,587 | $69,021 |
Home Value To Income | 2.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.3x | 0.18x | 0.2x |
Item | Folcroft | 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 | Folcroft | 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 | Folcroft | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Folcroft | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Folcroft | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Folcroft. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, NJ has a cost of living index of 135, 1.3x Folcroft.
Ardmore, PA has a cost of living index of 126, 1.2x Folcroft.
Darby, PA has a cost of living index of 96, 0.9x Folcroft.
City | Population | Cost Of Living | Vs. Folcroft |
---|---|---|---|
Springdale, NJ | 15,393 | 135 | 1.3x |
Ardmore, PA | 14,391 | 126 | 1.2x |
Darby, PA | 10,688 | 96 | 0.9x |
Greentree, NJ | 10,517 | 126 | 1.2x |
Ashland, NJ | 9,248 | 117 | 1.1x |
Collingdale, PA | 8,857 | 99 | 1.0x |
Folsom, PA | 8,430 | 111 | 1.1x |
Glenside, PA | 7,411 | 117 | 1.1x |
Glenolden, PA | 7,187 | 103 | 1.0x |
Ridley Park, PA | 7,131 | 112 | 1.1x |