Jenkintown, PA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Jenkintown stands at 104, which is 4% higher than the national average of 100. Housing costs are notably higher, with an index of 120, indicating a 20% increase over the national average. This suggests that potential residents should consider these factors when planning their budget.
Jenkintown, PA, has a higher cost of living compared to the nationwide average. The housing index in Jenkintown stands at 120, which is 20% higher than the average. This means that housing costs in Jenkintown are significantly more expensive than the national average. For example, if the average cost of housing is $100, in Jenkintown, it would be $120.
Other expenses in Jenkintown also exceed the average. Groceries have an index of 105, which is 5% higher than the national average. This indicates that food costs are slightly elevated. Utilities, however, are slightly below the average, with an index of 95, meaning they are 5% cheaper. Transportation costs are close to the average, at 98, which is only 2% lower. Healthcare costs are 10% higher, with an index of 110, and miscellaneous expenses are 2% higher, at 102. Overall, Jenkintown presents a higher cost of living in most categories compared to the national average.
