Housing costs in Norristown?
A typical home costs
$269,900, which is 20.2% less expensive than the national average of
$338,100 and 11.2% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Norristown costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 21.4% more than the state average of
$1,210.
Can I afford Norristown?
To live comfortably in Norristown, Pennsylvania, a minimum annual income of
$51,840 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Norristown?
Norristown, PA is a great place to live with an affordable cost of living. According to the most recent data from BestPlaces, the cost of living index in Norristown is only 91.7, which is 9.3 percent lower than the national average. The median home value in Norristown is $146,300 and the median rent is $1,022 per month. This makes it a great destination for anyone looking for a reasonably priced place to live in Pennsylvania. With low housing costs and other expenses like groceries and transportation being below average as well, Norristown makes it easy to enjoy all that this city has to offer without breaking your budget!