The cost of living index in Richboro, PA, shows that housing costs are 20% higher than the nationwide average. The overall cost of living in Richboro is also elevated, with housing being the most significant factor. Groceries, utilities, transportation, healthcare, and miscellaneous expenses all slightly exceed the national average, contributing to a total cost of living index of 108.
The cost of living in Richboro, Pennsylvania, shows some notable differences compared to the nationwide average. Housing costs in Richboro stand at 120, which is 20% higher than the national average. This means that residents will need to allocate a significant portion of their budget to housing expenses. Groceries, another essential expense, are priced at 105, reflecting a 5% increase over the national average. This slight rise indicates that while groceries are relatively affordable, they are still slightly more expensive than in the average U.S. location.
Utilities in Richboro are priced at 98, which is 2% below the national average. This offers some relief to residents, as they will spend a bit less on utilities compared to the average American. Transportation costs, however, are at 110, indicating a 10% increase over the national average. This means that commuting and other transportation-related expenses will be higher in Richboro. Healthcare costs are also higher, at 115, which is 15% above the national average. This suggests that medical expenses could be a significant financial burden for residents. Miscellaneous costs are at 102, showing a modest 2% increase over the national average. Overall, while Richboro offers some areas where costs are lower than average, several key expenses are higher, impacting the overall cost of living.
