Malvern cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexMalvernPennsylvaniaNational
Cost of living index136102100
IndexMalvernPennsylvaniaNational
Goods & Services index115103100
Groceries index117105100
Health care index9997100
Housing index18493100
Transportation index117112100
Utilities index121112100

Did you know?

  • The cost of living in Malvern is 33% higher than the Pennsylvania average.
  • The cost of living in Malvern is 36% higher than the national average.
  • The cost of housing in Malvern is 84% higher than the national average.
  • Pennsylvania general sales tax is 18% higher than the national average.
  • Pennsylvania state income tax is 38% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$75,764$6,314$1,768$2,273
Renters$62,048$5,171$1,448$1,862

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%

Goods & Services

ItemMalvernNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $52.00$34.6849.9%
Toothpaste $2.36$2.474.6%
Shampoo $0.99$1.023.1%
Movie $10.75$9.878.9%
Bowling $5.04$4.3914.8%

Groceries

ItemMalvernNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.69$1.4615.4%
Milk $2.25$2.364.5%
Potatoes $3.49$3.0614.0%
Pizza $10.74$9.2416.2%
Beer $8.39$8.632.8%

Health Care

ItemMalvernNational avg.Difference
Optometrist $106.00$99.786.2%
Doctor $118.75$105.0313.1%
Dentist $95.00$88.707.1%
Ibuprofen $9.89$9.415.1%
Lipitor $200.00$298.5033.0%

Housing

ItemMalvernNational avg.Difference
Home Price $348,200.00$175,700.0098.2%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $1,391.00$920.0051.2%

Transportation

ItemMalvernNational avg.Difference
Gasoline $2.46$2.0917.6%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemMalvernNational avg.Difference
All Electricity$186.98$170.809.5%
Phone $38.50$28.2636.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Cheyney University, PA9291066%
Prospect Park, PA28894-6%
Chester, PA34,00790-10%
Upland, PA3,24893-7%
Eagleville, PA2921000%
Malvern, PA3,17913636%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
University Park, NM3,17987-13%
Cloverdale, VA3,1791022%
Hollywood Park, TX3,17911818%
Dundee, OR3,18111919%
Flat Rock, NC3,18112626%
Malvern, PA3,17913636%
Source: The Malvern, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.