Cost of living in Montgomeryville 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 Montgomeryville 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 Montgomeryville is 126, with 100 being the average.
The cost of living index in Montgomeryville is 1.3x higher than the national average.
Montgomeryville ranks as the #235 cheapest in Pennsylvania out of 247.
Montgomeryville ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Montgomeryville is $368,100.
The median income in Montgomeryville is $108,950.
According to the most recent data on the cost of living, Montgomeryville has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Pennsylvania, Montgomeryville has a cost of living index that's 1.3x higher than Pennsylvania's index of 97.
The standard of living in Montgomeryville ranks as #235 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Montgomeryville ranks as the #12 most expensive place in the Keystone State.
For more reading on life in Montgomeryville, check out:
Six factors go into calculating the cost of living index in Montgomeryville. Here is how it fairs on each of the criteria:
The Services index in Montgomeryville is 107.
The Groceries index in Montgomeryville is 118.
The Health index in Montgomeryville is 100.
The Housing index in Montgomeryville is 163.
The Transportation index in Montgomeryville is 113.
The Utilities index in Montgomeryville is 113.
Living Expense | Montgomeryville | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 126 | 97 | 100 | |
Services | 107 | 99 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 100 | 97 | 100 | |
Housing | 163 | 85 | 100 | |
Transportation | 113 | 105 | 100 | |
Utilities | 113 | 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 Montgomeryville is $368,100.
The Median Rent in Montgomeryville is $1,592.
The Median Income in Montgomeryville is $108,950.
The Home Value To Income in Montgomeryville is 3.4x.
The Rent To Monthly Income in Montgomeryville is 0.18x.
Statistic | Montgomeryville | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $368,100 | $197,300 | $244,900 |
Median Rent | $1,592 | $1,013 | $1,163 |
Median Income | $108,950 | $67,587 | $69,021 |
Home Value To Income | 3.4x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Montgomeryville | 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 | Montgomeryville | 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 | Montgomeryville | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Montgomeryville | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Montgomeryville | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Montgomeryville. Here's a quick look at the cost of living in the most populous nearby places:
Lansdale, PA has a cost of living index of 111, 0.9x Montgomeryville.
Ardmore, PA has a cost of living index of 126, 1.0x Montgomeryville.
Kulpsville, PA has a cost of living index of 118, 0.9x Montgomeryville.
City | Population | Cost Of Living | Vs. Montgomeryville |
---|---|---|---|
Lansdale, PA | 18,509 | 111 | 0.9x |
Ardmore, PA | 14,391 | 126 | 1.0x |
Kulpsville, PA | 8,775 | 118 | 0.9x |
Hatboro, PA | 8,150 | 115 | 0.9x |
Glenside, PA | 7,411 | 117 | 0.9x |
Maple Glen, PA | 7,255 | 137 | 1.1x |
Souderton, PA | 7,131 | 105 | 0.8x |
Blue Bell, PA | 6,421 | 139 | 1.1x |
Penn Wynne, PA | 6,226 | 130 | 1.0x |
Oreland, PA | 6,111 | 120 | 1.0x |