Cost of living in Fort Washington 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 Fort Washington 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 Fort Washington is 141, with 100 being the average.
The cost of living index in Fort Washington is 1.4x higher than the national average.
Fort Washington ranks as the #244 cheapest in Pennsylvania out of 247.
Fort Washington ranks as the #5,616 cheapest out of 6,412 in the US.
The median home value in Fort Washington is $462,800.
The median income in Fort Washington is $133,942.
According to the most recent data on the cost of living, Fort Washington has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.
Compared to Pennsylvania, Fort Washington has a cost of living index that's 1.5x higher than Pennsylvania's index of 97.
The standard of living in Fort Washington ranks as #244 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Fort Washington ranks as the #3 most expensive place in the Keystone State.
For more reading on life in Fort Washington, check out:
Six factors go into calculating the cost of living index in Fort Washington. Here is how it fairs on each of the criteria:
The Services index in Fort Washington is 105.
The Groceries index in Fort Washington is 118.
The Health index in Fort Washington is 100.
The Housing index in Fort Washington is 209.
The Transportation index in Fort Washington is 116.
The Utilities index in Fort Washington is 112.
Living Expense | Fort Washington | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 141 | 97 | 100 | |
Services | 105 | 99 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 100 | 97 | 100 | |
Housing | 209 | 85 | 100 | |
Transportation | 116 | 105 | 100 | |
Utilities | 112 | 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 Fort Washington is $462,800.
The Median Rent in Fort Washington is $1,945.
The Median Income in Fort Washington is $133,942.
The Home Value To Income in Fort Washington is 3.5x.
The Rent To Monthly Income in Fort Washington is 0.17x.
Statistic | Fort Washington | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $462,800 | $197,300 | $244,900 |
Median Rent | $1,945 | $1,013 | $1,163 |
Median Income | $133,942 | $67,587 | $69,021 |
Home Value To Income | 3.5x | 2.9x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Fort Washington | 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 | Fort Washington | 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 | Fort Washington | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Fort Washington | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Fort Washington | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Fort Washington. Here's a quick look at the cost of living in the most populous nearby places:
Ardmore, PA has a cost of living index of 126, 0.9x Fort Washington.
Willow Grove, PA has a cost of living index of 117, 0.8x Fort Washington.
Montgomeryville, PA has a cost of living index of 126, 0.9x Fort Washington.
City | Population | Cost Of Living | Vs. Fort Washington |
---|---|---|---|
Ardmore, PA | 14,391 | 126 | 0.9x |
Willow Grove, PA | 13,958 | 117 | 0.8x |
Montgomeryville, PA | 12,988 | 126 | 0.9x |
Glenside, PA | 7,411 | 117 | 0.8x |
Maple Glen, PA | 7,255 | 137 | 1.0x |
Ambler, PA | 6,747 | 118 | 0.8x |
Blue Bell, PA | 6,421 | 139 | 1.0x |
Ramblewood, NJ | 6,340 | 122 | 0.9x |
Penn Wynne, PA | 6,226 | 130 | 0.9x |
Oreland, PA | 6,111 | 120 | 0.9x |