Housing costs in Montgomery township (Montgomery County)?
A typical home costs
$472,900, which is 39.9% more expensive than the national average of
$338,100 and 94.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Montgomery township (Montgomery County) costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 27.5% more than the state average of
$1,210.
Can I afford Montgomery township (Montgomery County)?
To live comfortably in Montgomery township (Montgomery County), Pennsylvania, a minimum annual income of
$90,720 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Montgomery township (Montgomery County)?
The cost of living in Montgomery Township, PA is higher than the national average but still considered to be fairly affordable. According to Sperling's Best Places, the cost of living index in Montgomery Township is 114.2, which is 14.2% higher than the national average. Housing costs are particularly high in the area with a median home value of $392,000 and median rent of $1,914 per month. However, transportation costs are below the national average at 93.7 and groceries are also slightly lower at 101.2. Overall, Montgomery Township offers a comfortable cost of living for those looking to settle down in Pennsylvania's beautiful countryside.