| Index | Montgomeryville | Pennsylvania | National |
| Cost of living | 124 | 97 | 100 |
| Groceries | 99 | 100 | 100 |
| Health care | 99 | 99 | 100 |
| Housing | 182 | 90 | 100 |
| Transportation | 102 | 101 | 100 |
| Utilities | 101 | 99 | 100 |
| Lifestyle & Entertainment | 98 | 100 | 100 |
| Household Items | 101 | 99 | 100 |
| Education & Childcare | 99 | 101 | 100 |
The cost of living in Montgomeryville affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Montgomeryville is 124, which is 24% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
If you value affordability in your search for a new place to live, Montgomeryville may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Montgomeryville falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs are a major factor in the Montgomeryville cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 81.7% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Is Montgomeryville affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Montgomeryville, the median home price is 94.8% higher than the national average and monthly rent prices are 51.2% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Montgomeryville boasting a median household income of $151,092, 85.8% higher than the national average.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Montgomeryville, the housing index comes in at 81.7% higher than the national average.
Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Montgomeryville, the utilities index registers 1.2% higher than the national average.
Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Montgomeryville, the transportation index is 1.6% higher than the national average.
The Montgomeryville cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
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| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $165,273 | $13,773 | $3,856 | $4,959 |
| Renters | $88,176 | $7,348 | $2,057 | $2,646 |
| State | General Sales Tax | With Max Surtax |
| Pennsylvania | 6% | 8% |
| State | Income Tax (Low) | Income Tax (High) |
| Pennsylvania | 3.07% | 3.07% |
| City | Population | Cost of Living Index | National Avg. |
| Arcadia University, PA | 609 | 100 | 0.1% |
| Eagleville CDP (Centre County), PA | 433 | 94 | 6.1% |
| East Greenville, PA | 3,013 | 99 | 1.4% |
| Norristown, PA | 35,552 | 99 | 1.2% |
| Green Lane, PA | 424 | 99 | 0.7% |
| Montgomeryville, PA | 13,672 | 124 | 24.5% |
| City | Population | Cost of Living Index | National Avg. |
| Huron, SD | 13,672 | 86 | 13.6% |
| Auburn, IN | 13,673 | 89 | 10.6% |
| Rendon, TX | 13,673 | 109 | 9.2% |
| Lahaina, HI | 13,680 | 187 | 86.7% |
| Baker, LA | 13,684 | 91 | 8.8% |
| Montgomeryville, PA | 13,672 | 124 | 24.5% |
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