Cost of living in Phoenixville 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 Phoenixville 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 Phoenixville is 113, with 100 being the average.
The cost of living index in Phoenixville is 1.1x higher than the national average.
Phoenixville ranks as the #207 cheapest in Pennsylvania out of 247.
Phoenixville ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Phoenixville is $270,900.
The median income in Phoenixville is $86,747.
According to the most recent data on the cost of living, Phoenixville has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Pennsylvania, Phoenixville has a cost of living index that's 1.2x higher than Pennsylvania's index of 97.
The standard of living in Phoenixville ranks as #207 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Phoenixville ranks as the #40 most expensive place in the Keystone State.
For more reading on life in Phoenixville, check out:
Six factors go into calculating the cost of living index in Phoenixville. Here is how it fairs on each of the criteria:
The Services index in Phoenixville is 107.
The Groceries index in Phoenixville is 119.
The Health index in Phoenixville is 99.
The Housing index in Phoenixville is 115.
The Transportation index in Phoenixville is 115.
The Utilities index in Phoenixville is 112.
Living Expense | Phoenixville | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 113 | 97 | 100 | |
Services | 107 | 99 | 100 | |
Groceries | 119 | 101 | 100 | |
Health | 99 | 97 | 100 | |
Housing | 115 | 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 Phoenixville is $270,900.
The Median Rent in Phoenixville is $1,333.
The Median Income in Phoenixville is $86,747.
The Home Value To Income in Phoenixville is 3.1x.
The Rent To Monthly Income in Phoenixville is 0.18x.
Statistic | Phoenixville | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $270,900 | $197,300 | $244,900 |
Median Rent | $1,333 | $1,013 | $1,163 |
Median Income | $86,747 | $67,587 | $69,021 |
Home Value To Income | 3.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Phoenixville | 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 | Phoenixville | 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 | Phoenixville | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Phoenixville | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Phoenixville | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Phoenixville. Here's a quick look at the cost of living in the most populous nearby places:
Spring, TX has a cost of living index of 93, 0.8x Phoenixville.
Ardmore, PA has a cost of living index of 126, 1.1x Phoenixville.
Montgomeryville, PA has a cost of living index of 126, 1.1x Phoenixville.
City | Population | Cost Of Living | Vs. Phoenixville |
---|---|---|---|
Spring, TX | 62,569 | 93 | 0.8x |
Ardmore, PA | 14,391 | 126 | 1.1x |
Montgomeryville, PA | 12,988 | 126 | 1.1x |
Audubon, PA | 8,883 | 131 | 1.2x |
Glenside, PA | 7,411 | 117 | 1.0x |
Maple Glen, PA | 7,255 | 137 | 1.2x |
Blue Bell, PA | 6,421 | 139 | 1.2x |
Penn Wynne, PA | 6,226 | 130 | 1.2x |
Oreland, PA | 6,111 | 120 | 1.1x |
Paoli, PA | 5,838 | 125 | 1.1x |