Cost of living in Pennside 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 Pennside 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 Pennside is 95, with 100 being the average.
The cost of living index in Pennside is 0.9x lower than the national average.
Pennside ranks as the #99 cheapest in Pennsylvania out of 247.
Pennside ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Pennside is $159,300.
The median income in Pennside is $67,784.
According to the most recent data on the cost of living, Pennside has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Pennsylvania, Pennside has a cost of living index that's 1.0x lower than Pennsylvania's index of 97.
The standard of living in Pennside ranks as #99 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Pennside ranks as the #148 most expensive place in the Keystone State.
For more reading on life in Pennside, check out:
Six factors go into calculating the cost of living index in Pennside. Here is how it fairs on each of the criteria:
The Services index in Pennside is 103.
The Groceries index in Pennside is 100.
The Health index in Pennside is 95.
The Housing index in Pennside is 83.
The Transportation index in Pennside is 108.
The Utilities index in Pennside is 108.
Living Expense | Pennside | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 95 | 97 | 100 | |
Services | 103 | 99 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 95 | 97 | 100 | |
Housing | 83 | 85 | 100 | |
Transportation | 108 | 105 | 100 | |
Utilities | 108 | 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 Pennside is $159,300.
The Median Rent in Pennside is $1,094.
The Median Income in Pennside is $67,784.
The Home Value To Income in Pennside is 2.4x.
The Rent To Monthly Income in Pennside is 0.19x.
Statistic | Pennside | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $159,300 | $197,300 | $244,900 |
Median Rent | $1,094 | $1,013 | $1,163 |
Median Income | $67,784 | $67,587 | $69,021 |
Home Value To Income | 2.4x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Pennside | Pennsylvania |
---|---|---|
Shampoo | $1.18 | $1.06 |
Movie | $13.11 | $10.68 |
Bowling | $13.65 | $14.67 |
Haircut | $18.18 | $18.62 |
Beauty Salon | $33.13 | $39.05 |
Item | Pennside | Pennsylvania |
---|---|---|
Ground Beef | $4.21 | $4.22 |
Fried Chicken | $1.34 | $1.39 |
Milk | $2.44 | $2.05 |
Potatoes | $3.49 | $3.29 |
Pizza | $10.69 | $10.62 |
Beer | $11.96 | $9.38 |
Toothpaste | $1.84 | $2.34 |
Item | Pennside | Pennsylvania |
---|---|---|
Optometrist | $86.81 | $108.57 |
Doctor | $103.0 | $116.17 |
Dentist | $93.74 | $99.13 |
Item | Pennside | Pennsylvania |
---|---|---|
Gasoline | $2.54 | $2.22 |
Tire Balancing | $48.77 | $50.07 |
Item | Pennside | Pennsylvania |
---|---|---|
All Electricity | $191.01 | $167.67 |
Phone | $189.01 | $175.64 |
The cost of living varies in the cities and towns around Pennside. Here's a quick look at the cost of living in the most populous nearby places:
Reading, PA has a cost of living index of 88, 0.9x Pennside.
Ephrata, PA has a cost of living index of 96, 1.0x Pennside.
Wyomissing, PA has a cost of living index of 111, 1.2x Pennside.
City | Population | Cost Of Living | Vs. Pennside |
---|---|---|---|
Reading, PA | 94,161 | 88 | 0.9x |
Ephrata, PA | 13,767 | 96 | 1.0x |
Wyomissing, PA | 11,026 | 111 | 1.2x |
Sanatoga, PA | 8,724 | 101 | 1.1x |
Blandon, PA | 7,836 | 105 | 1.1x |
New Holland, PA | 5,743 | 105 | 1.1x |
Shillington, PA | 5,470 | 96 | 1.0x |
Whitfield, PA | 5,275 | 105 | 1.1x |
Birdsboro, PA | 5,119 | 98 | 1.0x |