Haverford, PA, shows a higher cost of living compared to the nationwide average, with an overall index of 108. Housing costs in Haverford are significantly higher, at 130, representing a 30% increase over the national average. When factoring in groceries, utilities, transportation, healthcare, and miscellaneous expenses, Haverford still maintains a slightly elevated cost of living, with an average increase of about 8%.
Haverford, Pennsylvania, exhibits a cost of living that exceeds the nationwide average in several key areas. Specifically, housing costs are notably higher, with an index of 130, indicating they are 30% more expensive than the national average. This significant discrepancy makes housing one of the most costly elements for residents in Haverford.
In addition to housing, other areas also surpass the nationwide average. For example, groceries cost 5% more, with an index of 105. Utilities remain relatively close to the national average, sitting at 98, which translates to a 2% decrease. Transportation costs mirror the national average with an index of 102, showing only a minor increase. Healthcare expenses in Haverford are also slightly elevated, with an index of 110, meaning they are 10% higher than the national average. Finally, miscellaneous costs, which include items like clothing and entertainment, stand at 107, indicating a 7% increase. Overall, Haverford presents a living environment that demands careful budgeting across various essential categories.
