Cost of living in King of Prussia 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 King of Prussia 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 King of Prussia is 123, with 100 being the average.
The cost of living index in King of Prussia is 1.2x higher than the national average.
King of Prussia ranks as the #226 cheapest in Pennsylvania out of 247.
King of Prussia ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in King of Prussia is $335,200.
The median income in King of Prussia is $98,517.
According to the most recent data on the cost of living, King of Prussia has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Pennsylvania, King of Prussia has a cost of living index that's 1.3x higher than Pennsylvania's index of 97.
The standard of living in King of Prussia ranks as #226 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies King of Prussia ranks as the #21 most expensive place in the Keystone State.
For more reading on life in King of Prussia, check out:
Six factors go into calculating the cost of living index in King of Prussia. Here is how it fairs on each of the criteria:
The Services index in King of Prussia is 104.
The Groceries index in King of Prussia is 120.
The Health index in King of Prussia is 102.
The Housing index in King of Prussia is 152.
The Transportation index in King of Prussia is 113.
The Utilities index in King of Prussia is 110.
Living Expense | King of Prussia | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 123 | 97 | 100 | |
Services | 104 | 99 | 100 | |
Groceries | 120 | 101 | 100 | |
Health | 102 | 97 | 100 | |
Housing | 152 | 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 King of Prussia is $335,200.
The Median Rent in King of Prussia is $1,681.
The Median Income in King of Prussia is $98,517.
The Home Value To Income in King of Prussia is 3.4x.
The Rent To Monthly Income in King of Prussia is 0.2x.
Statistic | King of Prussia | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $335,200 | $197,300 | $244,900 |
Median Rent | $1,681 | $1,013 | $1,163 |
Median Income | $98,517 | $67,587 | $69,021 |
Home Value To Income | 3.4x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Item | King of Prussia | 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 | King of Prussia | 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 | King of Prussia | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | King of Prussia | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | King of Prussia | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around King of Prussia. 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, 1.0x King of Prussia.
Montgomeryville, PA has a cost of living index of 126, 1.0x King of Prussia.
Conshohocken, PA has a cost of living index of 124, 1.0x King of Prussia.
City | Population | Cost Of Living | Vs. King of Prussia |
---|---|---|---|
Ardmore, PA | 14,391 | 126 | 1.0x |
Montgomeryville, PA | 12,988 | 126 | 1.0x |
Conshohocken, PA | 9,104 | 124 | 1.0x |
Audubon, PA | 8,883 | 131 | 1.1x |
Glenside, PA | 7,411 | 117 | 1.0x |
Maple Glen, PA | 7,255 | 137 | 1.1x |
Blue Bell, PA | 6,421 | 139 | 1.1x |
Penn Wynne, PA | 6,226 | 130 | 1.1x |
Oreland, PA | 6,111 | 120 | 1.0x |
Wyndmoor, PA | 5,713 | 122 | 1.0x |