Plymouth Meeting 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.
IndexPlymouth MeetingPennsylvaniaNational
Cost of living index129100100
IndexPlymouth MeetingPennsylvaniaNational
Goods & Services index10899100
Groceries index116102100
Health care index10690100
Housing index16893100
Transportation index115109100
Utilities index124115100
A general summary of the cost of living index in Plymouth Meeting, PA is shown above. Compared to the state average of Pennsylvania the cost of living index in Plymouth Meeting, PA is 129, which is 30% higher than the average in Pennsylvania and compared to the national average it is 29% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Plymouth Meeting, PA goods and services come in at 10% higher than the average in Pennsylvania and are 8% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Plymouth Meeting is 30% higher than the Pennsylvania average.
  • The cost of living in Plymouth Meeting is 29% higher than the national average.
  • The cost of housing in Plymouth Meeting is 68% 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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Salary Calculator

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The salary calculator is meant to help you compare your salary in Plymouth Meeting, PA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Plymouth Meeting, PA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Plymouth Meeting, PA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$90,806$7,567$2,119$2,724
Renters$61,250$5,104$1,429$1,838
One can approximate the cost of living and the housing affordability in Plymouth Meeting, PA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Plymouth Meeting, PA have a median income of $90,806. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,119 per month to avoid calamity and poverty. The renters in the city have an income of about $61,250, which would make their monthly maximum allowable rental costs $1,429.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
When you are determining the total cost of living in Plymouth Meeting, PA you will want to make sure you consider both the Pennsylvania sales tax and the Pennsylvania income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Pennsylvania is 6%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Pennsylvania have a range from 3.07% to 3.07%.

Goods & Services

ItemPlymouth MeetingNational 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

ItemPlymouth MeetingNational 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

ItemPlymouth MeetingNational 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

ItemPlymouth MeetingNational avg.Difference
Home Price $313,900.00$175,700.0078.7%
Avg. Mortgage Payment $1,520.01$1,133.2334.1%
Apartment Rent $1,314.00$920.0042.8%

Transportation

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

Utilities

ItemPlymouth MeetingNational 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.
Cheyney University, PA9291077%
Arcadia University, PA62311313%
Audubon Park, NJ1,05194-6%
Camden, NJ77,29498-2%
Eagleville, PA29298-2%
Plymouth Meeting, PA5,72112929%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Monaca, PA5,72184-16%
Deer Park, OH5,72090-10%
Nazareth, PA5,7231044%
Forest, MS5,71978-22%
Milan, MI5,72493-7%
Plymouth Meeting, PA5,72112929%
Source: The Plymouth Meeting, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.