The cost of living in Hatboro, PA, exceeds the nationwide average, with a total index of 106. This means living expenses in Hatboro are 6% higher than the national average. Housing costs stand at 20% above the average, while groceries and utilities are slightly higher at 5% and 2%, respectively. Transportation and healthcare costs are close to the national average, with only a 2% increase. Miscellaneous expenses are 10% higher than the average.
The cost of living in Hatboro, Pennsylvania, shows some notable differences when compared to the nationwide average. For instance, housing costs in Hatboro are 20% higher than the national average. This means that if the national average cost of living index is 100, Hatboro residents pay 120 for housing. This increase can impact budgets significantly, especially for those who spend a large portion of their income on rent or mortgage payments.
Other areas also show variations. Groceries in Hatboro cost 5% more than the national average, with an index of 105. This slight increase can add up over time, affecting grocery budgets. Utilities, however, are slightly lower, with an index of 95, meaning they cost 5% less than the national average. Transportation costs are close to the national average, with an index of 102, indicating a 2% increase. Healthcare costs in Hatboro are slightly below the national average, with an index of 98, which means they are 2% cheaper. Miscellaneous expenses, such as entertainment and personal care, are 10% higher, with an index of 110. These differences highlight the importance of considering the cost of living when making relocation decisions.