Narberth 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.
IndexNarberthPennsylvaniaNational
Cost of living index139100100
IndexNarberthPennsylvaniaNational
Goods & Services index10899100
Groceries index116102100
Health care index10690100
Housing index20093100
Transportation index115109100
Utilities index124115100
The above illustration supplies generalized information for the Narberth, PA cost of living index. Compared to other cities in Pennsylvania and cities across the country, the cost of living index in Narberth, PA is 139, which is 39% higher than the Pennsylvania average and 39% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Narberth, PA are 10% higher than the average for Pennsylvania and 8% higher than the rest of the country.

Did you know?

  • The cost of living in Narberth is 39% higher than the Pennsylvania average.
  • The cost of living in Narberth is 39% higher than the national average.
  • The cost of housing in Narberth is 100% 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.

Find Real Estate Listings In Narberth

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Narberth

Compare Narberth, PA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Narberth, PA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Narberth, PA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Narberth, PA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$108,992$9,083$2,543$3,270
Renters$58,100$4,842$1,356$1,743
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Narberth, PA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Narberth, PA homeowners have a median income of $108,992. Using that number, you will come up with a maximum of $2,543 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $58,100, which means there is a maximum of $1,356 to be spent on the costs of renting a home or apartment.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
The Pennsylvania sales tax and Pennsylvania income tax rates should definitely be considered when determining the overall cost of living in Narberth, PA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Pennsylvania sales tax is 6% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Pennsylvania income tax rates range from 3.07% to 3.07%.

Goods & Services

ItemNarberthNational avg.Difference
Haircut $17.96$15.5615.4%
Beauty Salon $54.38$36.1150.6%
Toothpaste $2.34$2.475.5%
Shampoo $0.99$0.962.6%
Movie $11.55$10.1314.0%
Bowling $5.13$4.748.4%

Groceries

ItemNarberthNational avg.Difference
Ground Beef $3.87$3.983.0%
Fried Chicken $1.68$1.4119.2%
Milk $1.97$2.064.5%
Potatoes $3.44$2.9815.2%
Pizza $10.38$9.479.6%
Beer $8.18$8.797.0%

Health Care

ItemNarberthNational avg.Difference
Optometrist $102.70$101.041.6%
Doctor $124.15$107.4415.6%
Dentist $97.92$90.428.3%
Ibuprofen $9.59$9.283.3%
Lipitor $386.87$426.509.3%

Housing

ItemNarberthNational avg.Difference
Home Price $400,900.00$175,700.00128.2%
Avg. Mortgage Payment $1,520.01$1,133.2334.1%
Apartment Rent $1,236.00$920.0034.3%

Transportation

ItemNarberthNational avg.Difference
Gasoline $2.23$1.9911.9%
Tire Balancing $55.56$45.7621.4%

Utilities

ItemNarberthNational avg.Difference
All Electricity$182.53$163.8111.4%
Phone $40.01$28.3940.9%
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.
Arcadia University, PA62311313%
Tavistock, NJ911313%
Cheyney University, PA9291077%
Prospect Park, PA28892-8%
Audubon Park, NJ1,05194-6%
Narberth, PA4,29513939%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Scottsville, KY4,29583-17%
Pacheco, CA4,2951088%
Spindale, NC4,29685-15%
Barrow, AK4,29612727%
Austin, IN4,29481-19%
Narberth, PA4,29513939%
Source: The Narberth, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.