Montgomeryville, PA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Montgomeryville, PA Summary

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.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
126
Montgomeryville's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Montgomeryville, PA?

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:

235 out of 247
In Pennsylvania
5,091 out of 6,412
In America

Montgomeryville Cost Of Living Vs. Pennsylvania

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
For more reading on cost of living around Pennsylvania, check out:
Montgomeryville Cost of Living Vs. PA

Montgomeryville, PA Housing Cost Breakdown

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
Search Homes For Sale In Montgomeryville, PA
$368,100
Median Home Value
$1,592
Median Rent
$108,950
Median Income

Montgomeryville, PA Costs By Category

Detailed Montgomeryville Services Costs Vs. Pennsylvania

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

Detailed Montgomeryville Groceries Costs Vs. Pennsylvania

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

Detailed Montgomeryville Health Costs Vs. Pennsylvania

Item Montgomeryville Pennsylvania
Optometrist $108.61 $108.57
Doctor $133.89 $116.17
Dentist $96.86 $99.13

Detailed Montgomeryville Transportation Costs Vs. Pennsylvania

Item Montgomeryville Pennsylvania
Gasoline $2.42 $2.22
Tire Balancing $60.97 $50.07

Detailed Montgomeryville Utilities Costs Vs. Pennsylvania

Item Montgomeryville Pennsylvania
All Electricity $193.98 $167.67
Phone $192.07 $175.64

Montgomeryville SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
9
Affordability
8
Diversity
8
Safety
N/A
Amenities
8.5
Education
9
Commute
5

Cost Of Living In Cities Around Montgomeryville

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

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