F
30%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
89%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index West Chester Pennsylvania National
Cost of living13098100
Goods & Services10699100
Groceries10699100
Health care10794100
Housing18991100
Transportation108106100
Utilities92107100

An Overview of Cost of Living in West Chester, PA

Knowing the cost of living in West Chester allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in West Chester stands at 130, marking it 30% higher than the national average.

If affordability is among your top priorities when searching for a new place to live, this area may not be the ideal fit, as the cost of living in West Chester is among the most expensive in the United States. Just a minority of areas exhibit a cost of living at least 20% higher than the national average, and unfortunately, West Chester falls into this category, which may not align with your goal of finding a budget-friendly living environment.

When it comes to the cost of living in West Chester, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 88.5% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.

Is West Chester Affordable?

Wondering if West Chester is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In West Chester, for example, the median home price is 110.9% higher than what folks pay nationally, and monthly rent is 36.2% higher than the usual rates. Plus, income levels matter too, with West Chester boasting a median household income of $62,092, which is 12.2% higher than the national average.

What Factors can Influence the Cost of Living in West Chester?

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In West Chester, the groceries index registers 5.7% higher than the national average.

Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In West Chester, the utilities index is 8.2% lower than the national average.

Where is the Data From?

The cost of living in West Chester, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in West Chester is 32% higher than the Pennsylvania average
  • The cost of living in West Chester is 30% higher than the national average
  • West Chester housing is 89% higher than the national average
  • Pennsylvania general sales tax is 18% higher than the national average
  • Pennsylvania state income tax is 18% higher than the national average

Most Affordable Places to Live in and Around West Chester

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Compare West Chester, PA Cost of Living

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      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

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$106,653$8,888$2,488$3,200
      Renters$46,285$3,857$1,080$1,389
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in West Chester, PA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for West Chester homeowners, is $106,653. This would allow for a maximum of $2,488 per month to be spent on housing costs. For renters, the median monthly income is $46,285 which would result in a maximum of $1,080 to be spent on rental costs.

      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%

      Goods & Services

      Item West Chester National avg. Difference
      Haircut $30.14$24.2624.2%
      Beauty Salon $47.42$45.564.1%
      Toothpaste $3.61$3.702.4%
      Shampoo $1.41$1.2810.4%
      Movie $12.71$12.134.7%
      Bowling $19.50$18.008.3%

      Groceries

      Item West Chester National avg. Difference
      Ground Beef $5.73$5.841.9%
      Fried Chicken $1.52$1.573.6%
      Milk $4.81$4.673.0%
      Potatoes $5.40$4.939.5%
      Pizza $11.33$12.096.2%
      Beer $11.96$10.4114.8%

      Health Care

      Item West Chester National avg. Difference
      Optometrist $113.67$125.689.6%
      Doctor $149.53$135.7810.1%
      Dentist $132.28$113.2916.8%
      Ibuprofen $10.94$10.652.7%
      Lipitor $438.67$468.606.4%

      Housing

      Item West Chester National avg. Difference
      Home Price $389,600.00$184,700.00110.9%
      Avg. Mortgage Payment $2,192.51$2,346.696.6%
      Apartment Rent $1,293.00$949.0036.2%

      Transportation

      Item West Chester National avg. Difference
      Gasoline $3.50$3.461.0%
      Tire Balancing $74.86$59.9224.9%

      Utilities

      Item West Chester National avg. Difference
      All Electricity $173.73$193.9910.4%
      Phone $182.79$192.254.9%
      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 Population Cost of Living Index National Avg.
      Cheyney University, PA1941044.4%
      Westwood, PA1,6098911.4%
      Chester, PA33,8558910.6%
      Marcus Hook, PA2,334919.0%
      Linwood, PA3,473937.4%
      West Chester, PA20,03313029.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Amherst Center, MA20,03712424.2%
      Punta Gorda, FL20,04412221.8%
      Miamisburg, OH20,020954.7%
      Shelby, NC20,0468911.0%
      Elmwood Park, NJ20,01913332.6%
      West Chester, PA20,03313029.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.