Montgomeryville, PA, has a higher cost of living compared to the nationwide average. The overall cost of living index in Montgomeryville is 106, which is 6% higher than the national average of 100. Housing costs in Montgomeryville are particularly elevated, with an index of 120, indicating a 20% increase over the average. This suggests that potential residents should consider these higher expenses when planning their move.
Montgomeryville, PA, shows a higher cost of living compared to the nationwide average in several key areas. Housing costs in Montgomeryville stand at 120, which is 20% higher than the average. This means that housing expenses in Montgomeryville are significantly more than what people might expect based on the national average. For groceries, the cost of living index is 105, indicating a 5% increase over the average. This suggests that while groceries are not excessively expensive, they still cost more than the national average.
Utilities in Montgomeryville are slightly below the national average, with an index of 95, representing a 5% decrease. This offers some relief to residents, though it is not enough to offset the higher costs in other areas. Transportation costs align with the national average at 100, meaning there is no difference in this category. Healthcare costs are 110, which is a 10% increase, showing that medical expenses are notably higher in Montgomeryville. Miscellaneous costs are at 102, indicating a modest 2% increase. Overall, while some areas show slight savings, the higher costs in housing, groceries, and healthcare make Montgomeryville more expensive to live in compared to the national average.