Housing costs in Berwyn?
A typical home costs
$591,500, which is 74.9% more expensive than the national average of
$338,100 and 143.6% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Berwyn costs
$1,970 per month, which is 37.8% more than the national average of
$1,430 and 38.6% more than the state average of
$1,210.
Can I afford Berwyn?
To live comfortably in Berwyn, Pennsylvania, a minimum annual income of
$113,400 for a family, and
$65,200 for a single person is recommended.
What does A.I. say about Berwyn?
The cost of living in Berwyn, PA is higher than the national average, but it is still reasonable. In general, the area has a low unemployment rate and relatively good job market compared to other local areas. The median home cost in this area is around $390,000, with an average rent of around $1650 per month. Groceries are slightly more expensive than the national average, as well as healthcare costs. However, overall transportation costs are lower than most places due to its close proximity to major cities like Philadelphia and Wilmington. Taxes are also relatively low when compared to similar cities in the region. All things considered, the cost of living in Berwyn is higher than some areas but still competitive with many others in terms of affordability.