Abington, PA, has a higher cost of living index compared to the nationwide average. The overall cost of living index for Abington stands at 106, reflecting a 6% increase from the baseline average of 100. Housing costs are notably higher, with an index of 120, indicating a 20% rise above the national average.
Each category plays a role in this higher cost of living. For instance, housing and utilities show significant increases at 20% and 10%, respectively. Groceries also contribute, with a 5% rise in cost. Despite some areas like transportation and healthcare being slightly lower, the overall impact raises the cost of living for residents in Abington.
The cost of living in Abington, Pennsylvania, is higher than the nationwide average, with specific areas showing notable differences. Housing costs in Abington stand at 120 on the cost of living index, which is 20% above the national average. This increase means that residents in Abington spend more on housing compared to the average American.
In other categories, Abington's cost of living also shows variations. For example, groceries cost 105 on the index, 5% higher than the average. Utilities are at 110, meaning residents pay 10% more for services like electricity and water. Transportation costs, however, are slightly below average, at 95. This shows a 5% savings for those in Abington. Healthcare, at 97, and miscellaneous expenses, at 102, both hover just around the national average. These details help potential residents understand the financial landscape when considering a move to Abington.