The cost of living in Radnor, PA, generally exceeds the nationwide average. Housing costs are the highest, with an index of 130. This is 30% more than the national average of 100.
In addition to housing, groceries and utilities also have above-average costs, with indices of 105 and 110, respectively. However, transportation and healthcare costs are slightly lower, at 95 and 115. Overall, Radnor's cost of living index stands at 111, reflecting an 11% increase compared to the national average.
Radnor, PA, shows a higher cost of living compared to the nationwide average, which stands at 100. Housing costs in Radnor are notably higher, with an index of 130, meaning residents pay 30% more than the national average for homes or rent. This indicates that housing can significantly impact the overall cost of living in this area.
Other expenses in Radnor also exceed the national average. Groceries have a cost of living index of 105, reflecting a 5% increase over the national average. Utilities stand at 110, meaning residents pay 10% more for these services. Healthcare costs are also higher, with an index of 115, which represents a 15% increase. Miscellaneous expenses are at 120, indicating a 20% higher cost compared to the average. While transportation costs are relatively lower, with an index of 95, the higher expenses in other areas contribute to Radnor’s overall cost of living being above the national average.