Housing costs in Norristown?
A typical home costs
$212,300, which is 37.2% less expensive than the national average of
$338,100 and 12.6% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Norristown costs
$1,580 per month, which is 30.6% more than the national average of
$1,210 and 7.0% more than the state average of
$1,470.
Can I afford Norristown?
To live comfortably in Norristown (zip 19401), Pennsylvania, a minimum annual income of
$40,680 for a family, and
$52,400 for a single person is recommended.
What does A.I. say about Norristown?
In 1940, the cost of living in Norristown, PA was relatively affordable compared to other parts of the country. The average family income was around $1,500 per year, and groceries were comparatively cheap. Housing costs were also low; a typical two-bedroom home could be rented for as little as $25 per month or purchased for approximately $5,000. Utilities such as electricity and water were also inexpensive at the time, often costing much less than they do today. Overall, Norristown was an affordable place to live during this era, allowing residents to stretch their incomes further than in many other areas.