Cost of living in Horsham 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 Horsham 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 Horsham is 117, with 100 being the average.
The cost of living index in Horsham is 1.2x higher than the national average.
Horsham ranks as the #215 cheapest in Pennsylvania out of 247.
Horsham ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Horsham is $309,500.
The median income in Horsham is $85,767.
According to the most recent data on the cost of living, Horsham has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Pennsylvania, Horsham has a cost of living index that's 1.2x higher than Pennsylvania's index of 97.
The standard of living in Horsham ranks as #215 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Horsham ranks as the #32 most expensive place in the Keystone State.
For more reading on life in Horsham, check out:
Six factors go into calculating the cost of living index in Horsham. Here is how it fairs on each of the criteria:
The Services index in Horsham is 108.
The Groceries index in Horsham is 120.
The Health index in Horsham is 101.
The Housing index in Horsham is 134.
The Transportation index in Horsham is 115.
The Utilities index in Horsham is 112.
Living Expense | Horsham | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 117 | 97 | 100 | |
Services | 108 | 99 | 100 | |
Groceries | 120 | 101 | 100 | |
Health | 101 | 97 | 100 | |
Housing | 134 | 85 | 100 | |
Transportation | 115 | 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 Horsham is $309,500.
The Median Rent in Horsham is $1,243.
The Median Income in Horsham is $85,767.
The Home Value To Income in Horsham is 3.6x.
The Rent To Monthly Income in Horsham is 0.17x.
Statistic | Horsham | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $309,500 | $197,300 | $244,900 |
Median Rent | $1,243 | $1,013 | $1,163 |
Median Income | $85,767 | $67,587 | $69,021 |
Home Value To Income | 3.6x | 2.9x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Horsham | 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 | Horsham | 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 | Horsham | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Horsham | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Horsham | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Horsham. 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, 1.1x Horsham.
Willow Grove, PA has a cost of living index of 117, 1.0x Horsham.
Montgomeryville, PA has a cost of living index of 126, 1.1x Horsham.
City | Population | Cost Of Living | Vs. Horsham |
---|---|---|---|
Ardmore, PA | 14,391 | 126 | 1.1x |
Willow Grove, PA | 13,958 | 117 | 1.0x |
Montgomeryville, PA | 12,988 | 126 | 1.1x |
Hatboro, PA | 8,150 | 115 | 1.0x |
Glenside, PA | 7,411 | 117 | 1.0x |
Maple Glen, PA | 7,255 | 137 | 1.2x |
Ambler, PA | 6,747 | 118 | 1.0x |
Ramblewood, NJ | 6,340 | 122 | 1.0x |
Fort Washington, PA | 6,241 | 141 | 1.2x |
Penn Wynne, PA | 6,226 | 130 | 1.1x |