Housing costs in Fort Washington?
A typical home costs
$523,500, which is 54.8% more expensive than the national average of
$338,100 and 115.6% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Fort Washington costs
$1,460 per month, which is 2.1% more than the national average of
$1,430 and 17.1% more than the state average of
$1,210.
Can I afford Fort Washington?
To live comfortably in Fort Washington, Pennsylvania, a minimum annual income of
$100,440 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Fort Washington?
Fort Washington, PA has a relatively high cost of living compared to many other parts of the country. According to Best Places, the cost of living index for Fort Washington is 110.7, which is 10.7% higher than the U.S. average. The median home cost in Fort Washington is approximately $368,300, which is much higher than the national median home value of $184,700. Transportation expenses are also slightly more expensive than the national averages due to I-276 and Pennsylvania Turnpike running through the area as well as SEPTA bus lines that run throughout town. Other needs such as groceries and health care are slightly more expensive too but local businesses help keep those costs lower than in larger cities like Philadelphia or New York City.