Hatboro, PA Cost Of Living
Cost Of Living In Hatboro, PA Summary
Cost of living in Hatboro 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 Hatboro 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 Hatboro is 115, with 100 being the average.
The cost of living index in Hatboro is 1.1x higher than the national average.
Hatboro ranks as the #211 cheapest in Pennsylvania out of 247.
Hatboro ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Hatboro is $275,000.
The median income in Hatboro is $95,822.
Table Of Contents
Hatboro's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hatboro, PA?
According to the most recent data on the cost of living, Hatboro has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Pennsylvania, Hatboro has a cost of living index that's 1.2x higher than Pennsylvania's index of 97.
The standard of living in Hatboro ranks as #211 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Hatboro ranks as the #36 most expensive place in the Keystone State.
For more reading on life in Hatboro, check out:
- Living In Hatboro
- Search Homes For Sale In Hatboro, PA
In Pennsylvania
In America
Hatboro Cost Of Living Vs. Pennsylvania
Six factors go into calculating the cost of living index in Hatboro. Here is how it fairs on each of the criteria:
The Services index in Hatboro is 107.
The Groceries index in Hatboro is 119.
The Health index in Hatboro is 102.
The Housing index in Hatboro is 132.
The Transportation index in Hatboro is 115.
The Utilities index in Hatboro is 112.
| Living Expense | Hatboro | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 115 | 97 | 100 | |
| Services | 107 | 99 | 100 | |
| Groceries | 119 | 101 | 100 | |
| Health | 102 | 97 | 100 | |
| Housing | 132 | 85 | 100 | |
| Transportation | 115 | 105 | 100 | |
| Utilities | 112 | 106 | 100 | |
Hatboro, 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 2017-2021. The key points are:
The Median Home Value in Hatboro is $275,000.
The Median Rent in Hatboro is $1,466.
The Median Income in Hatboro is $95,822.
The Home Value To Income in Hatboro is 2.9x.
The Rent To Monthly Income in Hatboro is 0.18x.
| Statistic | Hatboro | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $275,000 | $197,300 | $244,900 |
| Median Rent | $1,466 | $1,013 | $1,163 |
| Median Income | $95,822 | $67,587 | $69,021 |
| Home Value To Income | 2.9x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Hatboro, PA Costs By Category
Detailed Hatboro Services Costs Vs. Pennsylvania
| Item | Hatboro | Pennsylvania |
|---|---|---|
| Shampoo | $1.02 | $1.06 |
| Movie | $12.0 | $10.68 |
| Bowling | $18.8 | $14.67 |
| Haircut | $19.66 | $18.62 |
| Beauty Salon | $60.55 | $39.05 |
Detailed Hatboro Groceries Costs Vs. Pennsylvania
| Item | Hatboro | Pennsylvania |
|---|---|---|
| Ground Beef | $4.57 | $4.22 |
| Fried Chicken | $1.6 | $1.39 |
| Milk | $2.18 | $2.05 |
| Potatoes | $3.66 | $3.29 |
| Pizza | $10.67 | $10.62 |
| Beer | $8.81 | $9.38 |
| Toothpaste | $2.34 | $2.34 |
Detailed Hatboro Health Costs Vs. Pennsylvania
| Item | Hatboro | Pennsylvania |
|---|---|---|
| Optometrist | $108.61 | $108.57 |
| Doctor | $133.89 | $116.17 |
| Dentist | $96.86 | $99.13 |
Detailed Hatboro Transportation Costs Vs. Pennsylvania
| Item | Hatboro | Pennsylvania |
|---|---|---|
| Gasoline | $2.42 | $2.22 |
| Tire Balancing | $60.97 | $50.07 |
Detailed Hatboro Utilities Costs Vs. Pennsylvania
| Item | Hatboro | Pennsylvania |
|---|---|---|
| All Electricity | $193.98 | $167.67 |
| Phone | $192.07 | $175.64 |
Hatboro SnackAbility
/10
Cost Of Living In Cities Around Hatboro
The cost of living varies in the cities and towns around Hatboro. Here's a quick look at the cost of living in the most populous nearby places:
Horsham, PA has a cost of living index of 117, 1.0x Hatboro.
Ardmore, PA has a cost of living index of 126, 1.1x Hatboro.
Willow Grove, PA has a cost of living index of 117, 1.0x Hatboro.
| City | Population | Cost Of Living | Vs. Hatboro |
|---|---|---|---|
| Horsham, PA | 15,384 | 117 | 1.0x |
| Ardmore, PA | 14,391 | 126 | 1.1x |
| Willow Grove, PA | 13,958 | 117 | 1.0x |
| Montgomeryville, PA | 12,988 | 126 | 1.1x |
| Glenside, PA | 7,411 | 117 | 1.0x |
| Maple Glen, PA | 7,255 | 137 | 1.2x |
| Ramblewood, NJ | 6,340 | 122 | 1.1x |
| Fort Washington, PA | 6,241 | 141 | 1.2x |
| Penn Wynne, PA | 6,226 | 130 | 1.1x |
| Oreland, PA | 6,111 | 120 | 1.0x |
