Housing costs in Hershey?
A typical home costs
$337,200, which is 0.3% less expensive than the national average of
$338,100 and 38.9% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Hershey costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 8.3% more than the state average of
$1,210.
Can I afford Hershey?
To live comfortably in Hershey, Pennsylvania, a minimum annual income of
$64,440 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Hershey?
The cost of living in Hershey, PA is slightly higher than the national average. According to recent estimates, the cost of housing is significantly higher than the national average. The median home value in Hershey is $212,400, which is more than double the national median home value of $184,700. Housing costs are also inflated due to the demand from tourists and other visitors who flock to the area for its attractions like Hersheypark. Furthermore, groceries and other consumer goods are a bit pricier due to Hershey's proximity to major cities like Philadelphia and Baltimore. All things considered, however, it's still an affordable place to live relative to many of its neighbors.