Radnor, PA, has a higher cost of living compared to the nationwide average. The cost of living index in Radnor stands at 115, which is 15% higher than the national average. This increase is largely due to higher housing costs, which are 50% above the national average. Other categories like groceries, utilities, and healthcare also show a slight increase, while transportation and miscellaneous costs remain relatively close to the average.
Radnor, PA, exhibits a cost of living index that is notably higher than the nationwide average, which is set at 100. Housing costs in Radnor stand at 150, indicating that residents pay 50% more than the national average for housing. This significant increase can be a major consideration for job seekers, as housing expenses often represent the largest portion of monthly expenditures.
In addition to housing, other categories also reflect higher costs in Radnor. For instance, groceries cost 5% more, utilities are 10% higher, and healthcare expenses are 20% above the national average. Even though transportation costs are slightly lower, at 95, the overall cost of living in Radnor remains substantially elevated. These factors combined make it crucial for potential residents to weigh these costs carefully when considering job opportunities in the area.
