Cost of living in Kennett Square 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 Kennett Square 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 Kennett Square is 114, with 100 being the average.
The cost of living index in Kennett Square is 1.1x higher than the national average.
Kennett Square ranks as the #208 cheapest in Pennsylvania out of 255.
Kennett Square ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in Kennett Square is $612,876.
The median income in Kennett Square is $74,259.
According to the most recent data on the cost of living, Kennett Square has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Pennsylvania, Kennett Square has a cost of living index that's 1.1x higher than Pennsylvania's index of 100.
The standard of living in Kennett Square ranks as #208 most affordable out of the 255 places we measured in Pennsylvania. By definition, that implies Kennett Square ranks as the #47 most expensive place in the Keystone State.
For more reading on life in Kennett Square, check out:
Six factors go into calculating the cost of living index in Kennett Square. Here is how it fairs on each of the criteria:
The Services index in Kennett Square is 108.
The Groceries index in Kennett Square is 107.
The Health index in Kennett Square is 108.
The Housing index in Kennett Square is 134.
The Transportation index in Kennett Square is 106.
The Utilities index in Kennett Square is 90.
| Living Expense | Kennett Square | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 114 | 100 | 100 | |
| Services | 108 | 101 | 100 | |
| Groceries | 107 | 101 | 100 | |
| Health | 108 | 95 | 100 | |
| Housing | 134 | 93 | 100 | |
| Transportation | 106 | 108 | 100 | |
| Utilities | 90 | 108 | 100 | |
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 Kennett Square is $612,876.
The Median Rent in Kennett Square is $1,243.
The Median Income in Kennett Square is $74,259.
The Home Value To Income in Kennett Square is 8.3x.
The Rent To Monthly Income in Kennett Square is 0.2x.
| Statistic | Kennett Square | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $612,876 | $281,782 | $303,400 |
| Median Rent | $1,243 | $1,162 | $1,348 |
| Median Income | $74,259 | $76,081 | $78,538 |
| Home Value To Income | 8.3x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
| Item | Kennett Square | Pennsylvania |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $12.71 | $12.13 |
| Bowling | $19.5 | $18 |
| Haircut | $30.14 | $24.26 |
| Beauty Salon | $47.42 | $45.56 |
| Item | Kennett Square | Pennsylvania |
|---|---|---|
| Ground Beef | $5.73 | $5.84 |
| Fried Chicken | $1.52 | $1.57 |
| Milk | $4.81 | $4.67 |
| Potatoes | $5.4 | $4.93 |
| Pizza | $11.33 | $12.09 |
| Beer | $11.96 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
| Item | Kennett Square | Pennsylvania |
|---|---|---|
| Optometrist | $113.67 | $125.68 |
| Doctor | $149.53 | $135.78 |
| Dentist | $132.28 | $113.29 |
| Item | Kennett Square | Pennsylvania |
|---|---|---|
| Gasoline | $3.5 | $3.46 |
| Tire Balancing | $74.86 | $59.92 |
| Item | Kennett Square | Pennsylvania |
|---|---|---|
| All Electricity | $173.73 | $193.99 |
| Phone | $182.79 | $192.25 |
The cost of living varies in the cities and towns around Kennett Square. Here's a quick look at the cost of living in the most populous nearby places:
West Chester, PA has a cost of living index of 131, 1.1x Kennett Square.
Hockessin, DE has a cost of living index of 145, 1.3x Kennett Square.
Coatesville, PA has a cost of living index of 100, 0.9x Kennett Square.
| City | Population | Cost Of Living | Vs. Kennett Square |
|---|---|---|---|
| West Chester, PA | 19,235 | 131 | 1.1x |
| Hockessin, DE | 13,608 | 145 | 1.3x |
| Coatesville, PA | 13,323 | 100 | 0.9x |
| Pennsville, NJ | 12,238 | 99 | 0.9x |
| Pike Creek Valley, DE | 11,992 | 116 | 1.0x |
| Woodlyn, PA | 10,276 | 103 | 0.9x |
| Village Green-Green Ridge, PA | 8,725 | 114 | 1.0x |
| Brookhaven, PA | 8,288 | 110 | 1.0x |
| North Star, DE | 8,178 | 138 | 1.2x |
| Pike Creek, DE | 7,185 | 129 | 1.1x |