Housing costs in Springfield township (Montgomery County)?
A typical home costs
$474,300, which is 40.3% more expensive than the national average of
$338,100 and 95.3% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Springfield township (Montgomery County) costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 21.9% more than the state average of
$1,210.
Can I afford Springfield township (Montgomery County)?
To live comfortably in Springfield township (Montgomery County), Pennsylvania, a minimum annual income of
$90,720 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Springfield township (Montgomery County)?
The cost of living in Springfield township (Montgomery County), PA is slightly higher than the national average. That being said, housing costs are quite reasonable compared to other townships in the area, with a median home value of around $250,000 and median rent coming in at $1,150 per month. The overall cost of goods and services throughout the township is also on par with the national average, making it a great place to live for people looking for affordability. The unemployment rate in the township is low, making finding jobs easier than in other areas as well.