Ardmore, PA Cost Of Living
Cost Of Living In Ardmore, PA Summary
Cost of living in Ardmore research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ardmore is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ardmore is 124, with 100 being the average.
The cost of living index in Ardmore is 1.2x higher than the national average.
Ardmore ranks as the #231 cheapest in Pennsylvania out of 255.
Ardmore ranks as the #4,654 cheapest out of 6,489 in the US.
The median home value in Ardmore is $502,364.
The median income in Ardmore is $115,273.
Table Of Contents
Ardmore's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ardmore, PA?
According to the most recent data on the cost of living, Ardmore has an overall cost of living index of 124, which is 1.2x higher than the national index of 100.
Compared to Pennsylvania, Ardmore has a cost of living index that's 1.2x higher than Pennsylvania's index of 100.
The standard of living in Ardmore ranks as #231 most affordable out of the 255 places we measured in Pennsylvania. By definition, that implies Ardmore ranks as the #24 most expensive place in the Keystone State.
For more reading on life in Ardmore, check out:
In Pennsylvania
In America
Ardmore Cost Of Living Vs. Pennsylvania
Six factors go into calculating the cost of living index in Ardmore. Here is how it fairs on each of the criteria:
The Services index in Ardmore is 102.
The Groceries index in Ardmore is 104.
The Health index in Ardmore is 94.
The Housing index in Ardmore is 176.
The Transportation index in Ardmore is 106.
The Utilities index in Ardmore is 111.
| Living Expense | Ardmore | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 124 | 100 | 100 | |
| Services | 102 | 101 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 94 | 95 | 100 | |
| Housing | 176 | 93 | 100 | |
| Transportation | 106 | 108 | 100 | |
| Utilities | 111 | 108 | 100 | |
Ardmore, PA Housing Cost Breakdown
Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Ardmore is $502,364.
The Median Rent in Ardmore is $1,680.
The Median Income in Ardmore is $115,273.
The Home Value To Income in Ardmore is 4.4x.
The Rent To Monthly Income in Ardmore is 0.17x.
| Statistic | Ardmore | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $502,364 | $281,782 | $303,400 |
| Median Rent | $1,680 | $1,162 | $1,348 |
| Median Income | $115,273 | $76,081 | $78,538 |
| Home Value To Income | 4.4x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Ardmore, PA Costs By Category
Detailed Ardmore Services Costs Vs. Pennsylvania
| Item | Ardmore | Pennsylvania |
|---|---|---|
| Shampoo | $1.52 | $1.28 |
| Movie | $13.75 | $12.13 |
| Bowling | $19.47 | $18 |
| Haircut | $23.54 | $24.26 |
| Beauty Salon | $66.27 | $45.56 |
Detailed Ardmore Groceries Costs Vs. Pennsylvania
| Item | Ardmore | Pennsylvania |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.67 | $4.67 |
| Potatoes | $5.37 | $4.93 |
| Pizza | $11.73 | $12.09 |
| Beer | $11.99 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Ardmore Health Costs Vs. Pennsylvania
| Item | Ardmore | Pennsylvania |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Ardmore Transportation Costs Vs. Pennsylvania
| Item | Ardmore | Pennsylvania |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Ardmore Utilities Costs Vs. Pennsylvania
| Item | Ardmore | Pennsylvania |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Ardmore SnackAbility
/10
Cost Of Living In Cities Around Ardmore
The cost of living varies in the cities and towns around Ardmore. Here's a quick look at the cost of living in the most populous nearby places:
Drexel Hill, PA has a cost of living index of 103, 0.8x Ardmore.
Springdale, NJ has a cost of living index of 123, 1.0x Ardmore.
Montgomeryville, PA has a cost of living index of 127, 1.0x Ardmore.
| City | Population | Cost Of Living | Vs. Ardmore |
|---|---|---|---|
| Drexel Hill, PA | 30,015 | 103 | 0.8x |
| Springdale, NJ | 15,672 | 123 | 1.0x |
| Montgomeryville, PA | 13,572 | 127 | 1.0x |
| Lansdowne, PA | 11,064 | 100 | 0.8x |
| Greentree, NJ | 11,024 | 130 | 1.0x |
| Broomall, PA | 10,684 | 127 | 1.0x |
| Ashland, NJ | 9,437 | 116 | 0.9x |
| Glenside, PA | 7,941 | 118 | 1.0x |
| Maple Glen, PA | 6,851 | 138 | 1.1x |
| Ramblewood, NJ | 6,542 | 119 | 1.0x |
