Haverford, PA, shows a cost of living index that is higher than the nationwide average, standing at 118. This figure reflects a 18% increase over the national benchmark of 100. Housing prices lead this increase, with an index of 150, showing a 50% rise compared to the national average. This information helps job seekers understand the financial landscape they may face when considering relocating to Haverford, PA.
The cost of living index in Haverford, PA, shows that housing costs are 50% higher than the nationwide average. This means that if the national cost of living index is set at 100, Haverford residents pay 150 for housing. Such a significant increase in housing costs can greatly impact budgets for those moving to or considering Haverford.
Other categories also reflect above-average costs. For groceries, Haverford residents face an 11% higher cost compared to the national average. Utilities are 20% higher, while transportation costs are just 5% above the average. Healthcare costs, however, are slightly lower at 5% below the national average. Miscellaneous expenses show an 15% increase. Overall, Haverford’s cost of living is higher in most areas compared to the national average.