Royersford 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.
IndexRoyersfordPennsylvaniaNational
Cost of living index115102100
IndexRoyersfordPennsylvaniaNational
Goods & Services index115103100
Groceries index117105100
Health care index9997100
Housing index11393100
Transportation index117112100
Utilities index121112100
Displayed above is a general overview of the Royersford, PA cost of living index. The overall cost of living index in Royersford, PA is 115, which is 13% higher than the Pennsylvania average and 15% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Royersford, PA are 11% higher than the Pennsylvania average and 15% higher than the national average.

Did you know?

  • The cost of living in Royersford is 13% higher than the Pennsylvania average.
  • The cost of living in Royersford is 15% higher than the national average.
  • The cost of housing in Royersford is 13% 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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Compare Royersford, PA Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Royersford, PA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Royersford, PA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Royersford, PA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,857$5,238$1,467$1,886
Renters$34,044$2,837$794$1,021
One can approximate the cost of living and the housing affordability in Royersford, 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 Royersford, PA have a median income of $62,857. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,467 per month to avoid calamity and poverty. The renters in the city have an income of about $34,044, which would make their monthly maximum allowable rental costs $794.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
When considering the overall cost of living expenses in Royersford, PA, it's important to take into account the sales tax for Pennsylvania, as well as the rate for income tax in Pennsylvania. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Pennsylvania is 8%, and the sales tax in the state of Pennsylvania is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Pennsylvania starts from 3.07% and goes up to 3.07%.

Goods & Services

ItemRoyersfordNational 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

ItemRoyersfordNational 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

ItemRoyersfordNational 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

ItemRoyersfordNational avg.Difference
Home Price $203,300.00$175,700.0015.7%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $996.00$920.008.3%

Transportation

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

Utilities

ItemRoyersfordNational 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.
Baumstown, PA46594-6%
Eagleville, PA2921000%
Pottstown, PA22,5191055%
Coatesville, PA13,13099-1%
Boyertown, PA4,0481077%
Royersford, PA4,77411515%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Prospect, KY4,77413333%
Platte City, MO4,77594-6%
New Boston, TX4,77386-14%
Brielle, NJ4,77216363%
Beckett, NJ4,77111212%
Royersford, PA4,77411515%
Source: The Royersford, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.