Yardley, PA, shows a higher cost of living index in several areas compared to the nationwide average, which is set at 100. Specifically, housing costs are 20% higher, while groceries are 5% higher. Utilities in Yardley are slightly lower, at 5% below the national average. Transportation costs are 10% above average, whereas healthcare costs match the nationwide average. Miscellaneous expenses are 2% higher.
This comprehensive index suggests that individuals considering a move to Yardley should budget for higher housing and grocery costs. A detailed look at each category will help potential residents make informed financial decisions.
The cost of living in Yardley, PA, varies from the nationwide average across different categories. Housing costs in Yardley stand at 120 on the index, which is 20% higher than the national average. This indicates that residents in Yardley can expect to pay more for housing compared to the average American. For instance, if the average cost of rent or mortgage is 100 in other areas, it would cost 120 in Yardley.
Other categories also show differences from the national average. Yardley’s groceries cost 105, which is 5% above the national average. Utilities in Yardley are slightly lower, at 95, representing a 5% reduction. Transportation costs are 10% higher at 110, while healthcare costs remain equal to the national average at 100. Miscellaneous expenses are just 2% higher than the national average at 102. These percentages show that while some costs are higher in Yardley, others are either lower or the same as the national average, providing a mixed picture of the cost of living.