Radnor, PA, has a higher cost of living compared to the nationwide average, according to the latest index. Housing in Radnor is 50% more expensive than the national average, driven by a Housing index of 150. Other areas like Groceries, Utilities, and Healthcare also exceed the average, with indices of 105, 110, and 120, respectively.
Despite these higher costs, Radnor offers competitive advantages that might offset these expenses. Job seekers might find the quality of living and local amenities worth the additional investment. The balanced cost distribution across various sectors makes Radnor a compelling choice for those seeking a higher standard of living.
Radnor, Pennsylvania, shows a higher cost of living compared to the nationwide average. The Housing index in Radnor stands at 150, which means it is 50% higher than the average. This increased cost reflects the competitive real estate market and higher demand for living spaces in the area. Similarly, the Groceries index at 105 also shows a 5% increase, indicating that food costs are slightly above the national norm.
Transportation costs in Radnor, however, are more favorable, with an index of 95. This suggests a 5% savings compared to the average. Additionally, the Utilities index of 110 reflects a 10% increase, while Healthcare at 120 shows a 20% rise above the average. The Miscellaneous index is at 115, representing an additional 15%. Overall, while certain aspects of living in Radnor are more expensive, the variations across categories provide a balanced view of the cost of living in this area.
