Ardmore, PA, shows a higher cost of living compared to the nationwide average. The cost of living index for Ardmore stands at 113, which is 13% above the national average of 100. This increase is largely driven by higher housing and healthcare costs, which are 30% and 20% above the national average, respectively.
Despite these higher costs, Ardmore's transportation index is 5% below the national average, offering some relief. Job seekers should consider these variations when planning their budgets.
Ardmore, PA, shows a cost of living index that varies across different sectors when compared to the nationwide average. The housing index in Ardmore stands at 130, indicating that housing costs are 30% higher than the national average. This elevated cost can significantly impact the budget of those considering a move to Ardmore, as they will need to allocate more funds for housing than they would elsewhere.
Other areas also reflect higher costs in Ardmore. For instance, the groceries index is at 105, which means grocery expenses are 5% above the national average. Utilities, healthcare, and miscellaneous costs also exceed the national average, with indices of 110, 120, and 115, respectively. These figures show that while transportation costs are slightly lower at 95, the overall cost of living in Ardmore remains above the national average in most areas. Job seekers should consider these factors when evaluating potential relocation to Ardmore.