Cost of living in Sharon Hill 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 Sharon Hill 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 Sharon Hill is 99, with 100 being the average.
The cost of living index in Sharon Hill is 1.0x lower than the national average.
Sharon Hill ranks as the #139 cheapest in Pennsylvania out of 247.
Sharon Hill ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Sharon Hill is $121,600.
The median income in Sharon Hill is $67,909.
According to the most recent data on the cost of living, Sharon Hill has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Pennsylvania, Sharon Hill has a cost of living index that's 1.0x higher than Pennsylvania's index of 97.
The standard of living in Sharon Hill ranks as #139 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Sharon Hill ranks as the #108 most expensive place in the Keystone State.
For more reading on life in Sharon Hill, check out:
Six factors go into calculating the cost of living index in Sharon Hill. Here is how it fairs on each of the criteria:
The Services index in Sharon Hill is 107.
The Groceries index in Sharon Hill is 119.
The Health index in Sharon Hill is 99.
The Housing index in Sharon Hill is 78.
The Transportation index in Sharon Hill is 114.
The Utilities index in Sharon Hill is 113.
Living Expense | Sharon Hill | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 99 | 97 | 100 | |
Services | 107 | 99 | 100 | |
Groceries | 119 | 101 | 100 | |
Health | 99 | 97 | 100 | |
Housing | 78 | 85 | 100 | |
Transportation | 114 | 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 Sharon Hill is $121,600.
The Median Rent in Sharon Hill is $1,351.
The Median Income in Sharon Hill is $67,909.
The Home Value To Income in Sharon Hill is 1.8x.
The Rent To Monthly Income in Sharon Hill is 0.24x.
Statistic | Sharon Hill | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $121,600 | $197,300 | $244,900 |
Median Rent | $1,351 | $1,013 | $1,163 |
Median Income | $67,909 | $67,587 | $69,021 |
Home Value To Income | 1.8x | 2.9x | 3.5x |
Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Item | Sharon Hill | 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 | Sharon Hill | 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 | Sharon Hill | Pennsylvania |
---|---|---|
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Sharon Hill | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
Item | Sharon Hill | Pennsylvania |
---|---|---|
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |
The cost of living varies in the cities and towns around Sharon Hill. Here's a quick look at the cost of living in the most populous nearby places:
Springdale, NJ has a cost of living index of 135, 1.4x Sharon Hill.
Ardmore, PA has a cost of living index of 126, 1.3x Sharon Hill.
Yeadon, PA has a cost of living index of 101, 1.0x Sharon Hill.
City | Population | Cost Of Living | Vs. Sharon Hill |
---|---|---|---|
Springdale, NJ | 15,393 | 135 | 1.4x |
Ardmore, PA | 14,391 | 126 | 1.3x |
Yeadon, PA | 11,945 | 101 | 1.0x |
Lansdowne, PA | 11,007 | 105 | 1.1x |
Darby, PA | 10,688 | 96 | 1.0x |
Greentree, NJ | 10,517 | 126 | 1.3x |
Ashland, NJ | 9,248 | 117 | 1.2x |
Collingdale, PA | 8,857 | 99 | 1.0x |
Glenside, PA | 7,411 | 117 | 1.2x |
Maple Glen, PA | 7,255 | 137 | 1.4x |