Jenkintown, PA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Jenkintown is 106%, reflecting a 6% increase. Housing costs are notably higher, at 115%, while groceries and healthcare also exceed the national average by 5% and 10%, respectively.
Jenkintown, PA, shows a cost of living index that is higher than the nationwide average in several key areas. Housing costs in Jenkintown are 15% higher than the national average, with an index of 115. This means that expenses related to renting or buying a home are significantly more than what the average American faces. Groceries also cost more, with an index of 105, indicating a 5% increase over the national average.
Utilities in Jenkintown are slightly below the national average, with an index of 98, which represents a 2% decrease. Transportation costs are close to the national average, with an index of 102, showing a modest 2% increase. Healthcare costs are 10% higher, with an index of 110, making medical expenses more expensive for residents. Miscellaneous costs, with an index of 104, are 4% higher than the national average. Overall, Jenkintown presents a higher cost of living in most categories compared to the nationwide average.
