Montgomeryville, PA, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Montgomeryville is 106, which is 6% above the national average of 100. Housing costs lead this increase, with an index of 120, indicating a 20% higher expense than the national average.
Transportation costs also rise, with an index of 110, showing a 10% increase. Groceries, utilities, healthcare, and miscellaneous expenses are slightly above the national average, contributing to the overall higher cost of living in Montgomeryville.
Montgomeryville, PA, shows a cost of living index that is higher than the nationwide average in several key areas. Housing costs in Montgomeryville stand at 120, which is 20% higher than the national average. This means that expenses related to renting or buying a home in Montgomeryville are significantly more than the average American would pay. Groceries also show a slight increase, with an index of 105, indicating a 5% higher cost compared to the national average.
Transportation costs in Montgomeryville are 10% higher than the national average, with an index of 110. This suggests that commuting and vehicle-related expenses are more expensive here. Utilities, however, are slightly below the national average, with an index of 95, indicating a 5% lower cost. Healthcare costs remain on par with the national average, with an index of 100, meaning there is no significant difference in this category. Miscellaneous expenses are also slightly above average, with an index of 102, showing a 2% increase. Overall, Montgomeryville presents a higher cost of living in most areas compared to the national average.