Housing costs in Colonial Park?
A typical home costs
$192,000, which is 43.2% less expensive than the national average of
$338,100 and 20.9% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Colonial Park costs
$1,300 per month, which is 9.1% cheaper than the national average of
$1,430 and 6.9% more than the state average of
$1,210.
Can I afford Colonial Park?
To live comfortably in Colonial Park, Pennsylvania, a minimum annual income of
$36,720 for a family, and
$41,200 for a single person is recommended.
What does A.I. say about Colonial Park?
The cost of living in Colonial Park, PA is relatively low compared to many other areas. The median home value is well below the average for Pennsylvania, coming in at just over $173,000. This is great news for families on a budget looking to move to the area. In addition, the cost of living index, which measures how much it costs to maintain a certain standard of living, is at 97.6—well below the national average of 100. This means that groceries, utilities and housing costs are all lower than they would be elsewhere. All these factors make Colonial Park an attractive place for those who want more affordable living expenses than what they might find in larger cities or more expensive suburbs.