Housing costs in Malvern?
A typical home costs
$648,400, which is 91.8% more expensive than the national average of
$338,100 and 167.1% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Malvern costs
$2,040 per month, which is 42.7% more than the national average of
$1,430 and 40.7% more than the state average of
$1,210.
Can I afford Malvern?
To live comfortably in Malvern (zip 19355), Pennsylvania, a minimum annual income of
$124,200 for a family, and
$67,600 for a single person is recommended.
What does A.I. say about Malvern?
The cost of living in 19355 Malvern, PA is relatively high compared to the national average. The median home cost is $430,500 in 19355, which is much higher than the U.S. average of $231,200. Similarly, the cost of goods and services is 11% higher than the U.S. national average. According to BestPlaces’s 2020 Cost of Living Index, groceries are 8% higher than the national average, and restaurants are 11½ % more expensive compared to other areas in the United States. Transportation costs are also slightly higher in Malvern than elsewhere with public transportation costing around $50 per month and monthly gasoline prices at nearly 7% above the U.S. average of $2.23 per gallon. Despite these higher costs overall, healthcare expenses are lower than the national average by 3%.