Collegeville, PA Cost Of Living
Cost Of Living In Collegeville, PA Summary
Cost of living in Collegeville 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 Collegeville 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 Collegeville is 121, with 100 being the average.
The cost of living index in Collegeville is 1.2x higher than the national average.
Collegeville ranks as the #224 cheapest in Pennsylvania out of 255.
Collegeville ranks as the #4,476 cheapest out of 6,489 in the US.
The median home value in Collegeville is $559,297.
The median income in Collegeville is $88,992.
Table Of Contents
Collegeville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Collegeville, PA?
According to the most recent data on the cost of living, Collegeville has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Pennsylvania, Collegeville has a cost of living index that's 1.2x higher than Pennsylvania's index of 100.
The standard of living in Collegeville ranks as #224 most affordable out of the 255 places we measured in Pennsylvania. By definition, that implies Collegeville ranks as the #31 most expensive place in the Keystone State.
For more reading on life in Collegeville, check out:
In Pennsylvania
In America
Collegeville Cost Of Living Vs. Pennsylvania
Six factors go into calculating the cost of living index in Collegeville. Here is how it fairs on each of the criteria:
The Services index in Collegeville is 101.
The Groceries index in Collegeville is 104.
The Health index in Collegeville is 95.
The Housing index in Collegeville is 162.
The Transportation index in Collegeville is 106.
The Utilities index in Collegeville is 108.
| Living Expense | Collegeville | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 121 | 100 | 100 | |
| Services | 101 | 101 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 95 | 95 | 100 | |
| Housing | 162 | 93 | 100 | |
| Transportation | 106 | 108 | 100 | |
| Utilities | 108 | 108 | 100 | |
Collegeville, 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 Collegeville is $559,297.
The Median Rent in Collegeville is $1,468.
The Median Income in Collegeville is $88,992.
The Home Value To Income in Collegeville is 6.3x.
The Rent To Monthly Income in Collegeville is 0.2x.
| Statistic | Collegeville | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $559,297 | $281,782 | $303,400 |
| Median Rent | $1,468 | $1,162 | $1,348 |
| Median Income | $88,992 | $76,081 | $78,538 |
| Home Value To Income | 6.3x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Collegeville, PA Costs By Category
Detailed Collegeville Services Costs Vs. Pennsylvania
| Item | Collegeville | 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 Collegeville Groceries Costs Vs. Pennsylvania
| Item | Collegeville | 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 Collegeville Health Costs Vs. Pennsylvania
| Item | Collegeville | Pennsylvania |
|---|---|---|
| Optometrist | $123.5 | $125.68 |
| Doctor | $132.56 | $135.78 |
| Dentist | $103.31 | $113.29 |
Detailed Collegeville Transportation Costs Vs. Pennsylvania
| Item | Collegeville | Pennsylvania |
|---|---|---|
| Gasoline | $3.53 | $3.46 |
| Tire Balancing | $70.89 | $59.92 |
Detailed Collegeville Utilities Costs Vs. Pennsylvania
| Item | Collegeville | Pennsylvania |
|---|---|---|
| All Electricity | $222.45 | $193.99 |
| Phone | $198.27 | $192.25 |
Collegeville SnackAbility
/10
Cost Of Living In Cities Around Collegeville
The cost of living varies in the cities and towns around Collegeville. Here's a quick look at the cost of living in the most populous nearby places:
Spring, TX has a cost of living index of 100, 0.8x Collegeville.
Phoenixville, PA has a cost of living index of 114, 0.9x Collegeville.
Ardmore, PA has a cost of living index of 124, 1.0x Collegeville.
| City | Population | Cost Of Living | Vs. Collegeville |
|---|---|---|---|
| Spring, TX | 67,103 | 100 | 0.8x |
| Phoenixville, PA | 19,062 | 114 | 0.9x |
| Ardmore, PA | 14,165 | 124 | 1.0x |
| Montgomeryville, PA | 13,572 | 127 | 1.0x |
| Audubon, PA | 9,014 | 129 | 1.1x |
| Hatboro, PA | 8,219 | 115 | 1.0x |
| Glenside, PA | 7,941 | 118 | 1.0x |
| Maple Glen, PA | 6,851 | 138 | 1.1x |
| Blue Bell, PA | 6,450 | 147 | 1.2x |
| Penn Wynne, PA | 6,220 | 131 | 1.1x |
