Glenside, PA Cost Of Living

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Glenside 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.
Index	Glenside	Pennsylvania	National
Cost of living index	118	100	100
Index	Glenside	Pennsylvania	National
Goods & Services index	107	100	100
Groceries index	116	105	100
Health care index	106	92	100
Housing index	132	91	100
Transportation index	115	108	100
Utilities index	125	111	100

An overview of the general cost of living index for Glenside, PA is displayed above for your reference. Residents in Glenside, PA enjoy a cost of living index of 118. This index is 19% higher than the Pennsylvania average, and 18% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Glenside, PA, the average cost of goods and services is 7% higher than it is in Pennsylvania, and it is 7% higher than the national average.

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Did you know?

The cost of living in Glenside is 19% higher than the Pennsylvania average.
The cost of living in Glenside is 18% higher than the national average.
The cost of housing in Glenside is 32% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator is used in order to provide a comparison of your current salary in Glenside, 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 Glenside, PA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Glenside, 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$102,198	$8,517	$2,384	$3,066
Renters	$43,625	$3,635	$1,018	$1,309

A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Glenside, PA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Glenside, PA has a median income of about $102,198 for people who own homes. Based on that number, a person should spend a maximum of $2,384 on expenses related to housing. Renters have a slightly different median income, which is $43,625. Based on this average, renters should spend no more than $1,018 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Pennsylvania Sales Tax

State	General Sales Tax	With Max Surtax
Pennsylvania	6%	8%

Pennsylvania Income Tax

State	Income Tax (Low)	Income Tax (High)
Pennsylvania	3.07%	3.07%

For those who live in Glenside, PA and want to know what the true cost of living is, they ought to look at both the Pennsylvania income tax rate and the Pennsylvania sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Pennsylvania, the sales tax is 6%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Pennsylvania, the income tax rate ranges between 3.07% to 3.07%.

Goods & Services

Item	Glenside	National avg.	Difference
Haircut	$18.39	$16.09	14.3%
Beauty Salon	$56.27	$37.33	50.7%
Toothpaste	$2.19	$2.45	10.5%
Shampoo	$0.99	$1.00	1.1%
Movie	$12.27	$10.28	19.3%
Bowling	$5.21	$4.93	5.6%

Groceries

Item	Glenside	National avg.	Difference
Ground Beef	$4.16	$3.80	9.3%
Fried Chicken	$1.46	$1.40	4.3%
Milk	$2.11	$2.01	4.9%
Potatoes	$3.82	$3.01	27.0%
Pizza	$10.33	$9.89	4.5%
Beer	$8.63	$8.90	3.0%

Health Care

Item	Glenside	National avg.	Difference
Optometrist	$100.71	$102.16	1.4%
Doctor	$130.24	$108.36	20.2%
Dentist	$96.14	$92.53	3.9%
Ibuprofen	$9.55	$9.28	2.9%
Lipitor	$387.28	$425.82	9.1%

Housing

Item	Glenside	National avg.	Difference
Home Price	$263,100.00	$184,700.00	42.4%
Avg. Mortgage Payment	$1,546.68	$1,202.44	28.6%
Apartment Rent	$1,007.00	$949.00	6.1%

Transportation

Item	Glenside	National avg.	Difference
Gasoline	$2.48	$2.24	10.5%
Tire Balancing	$57.62	$46.29	24.5%

Utilities

Item	Glenside	National avg.	Difference
All Electricity	$177.22	$165.96	6.8%
Phone	$42.00	$28.68	46.4%

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, State	Population	Cost of Living Index	National Avg.
Arcadia University, PA	647	112	12%
Prospect Park CDP, PA	224	88	-12%
Audubon Park, NJ	993	93	-7%
Newtown CDP, PA	250	94	-6%
Darby, PA	10,677	96	-4%
Glenside, PA	7,781	118	18%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
August, CA	7,781	95	-5%
Newport, AR	7,781	76	-24%
Hobart, WI	7,779	101	1%
Southwood Acres, CT	7,785	112	12%
Wyoming, MN	7,785	105	5%
Glenside, PA	7,781	118	18%

Source: The Glenside, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Glenside, PA Cost of Living