Cost of Living in Norristown, PA
Housing
The housing market plays a significant role in determining the cost of living in Norristown, PA.
- Housing Index: 120.0 / 100
- Median Home Price is: $219,000
- Average Rent (2 BR Apartment): $1798 per month
- Average Rent (2 BR House): $1954 per month
Considering a move to Norristown, PA? With a housing index of 120.0, potential buyers and renters should be prepared for a competitive market. The median home price is set at 219000, reflecting the area's desirability, while the average rent for a 2-bedroom apartment is approximately 1798 and 1954 for a house. If you're looking for an investment, familiarize yourself with local housing trends, as maintaining these costs could significantly affect your long-term financial planning.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Norristown, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Norristown, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Norristown is a financially viable option for your relocation.