A
3%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
19%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Pottstown Pennsylvania National
Cost of living9798100
Goods & Services10799100
Groceries9999100
Health care11094100
Housing8191100
Transportation108106100
Utilities93107100

An Overview of Cost of Living in Pottstown, PA

Knowing the cost of living in Pottstown allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Pottstown stands at 97, marking it 3% lower than the national average.

The cost of living in Pottstown closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Pottstown can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is Pottstown Affordable?

Is Pottstown affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Pottstown, for instance, where the median home price falls 29% lower than the national average, and monthly rent rates are 4.7% higher than usual. Additionally, median income levels contribute to the equation, with Pottstown flaunting a median household income of $50,130, 9.4% lower than the national norm.

What Factors can Influence the Cost of Living in Pottstown?

Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Pottstown, the prevailing sales tax rate starts at 6%, and income tax rates kick off at 3.07%.

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Pottstown, the transportation index stands at 8.4% higher than the national average.

Utilities: Much like any other costs, utility expenses can exhibit considerable variations, influenced by factors such as climate, available energy sources, geographic location and state regulations. The costs associated with electricity, water, heating, and waste disposal can vary significantly depending on the city or state in question. In Pottstown, the utilities index stands at 6.9% lower than the national average.

Where is the Data From?

The cost of living data in Pottstown displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

New Real Estate Listings in Pottstown Area
Search Homes for Sale in Pottstown, PA

Cost Of Living Quick Facts

  • The cost of living in Pottstown is 1% lower than the Pennsylvania average
  • The cost of living in Pottstown is 3% lower than the national average
  • Pottstown housing is 19% lower than the national average
  • Pennsylvania general sales tax is 18% higher than the national average
  • Pennsylvania state income tax is 18% higher than the national average

Most Affordable Places to Live in and Around Pottstown

See all the best places to live around Pottstown

Compare Pottstown, PA Cost of Living

      vs
      How would you rate the cost of living in Pottstown?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Pottstown?
      Write a review to give others more information about this area.
      See all Pottstown poll results

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$67,031$5,586$1,564$2,011
      Renters$34,346$2,862$801$1,030
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Pottstown, PA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Pottstown homeowners, is $67,031. This would allow for a maximum of $1,564 per month to be spent on housing costs. For renters, the median monthly income is $34,346 which would result in a maximum of $801 to be spent on rental costs.

      Pennsylvania Sales Tax

      State General Sales Tax With Max Surtax
      Pennsylvania 6% 8%

      Pennsylvania Income Tax

      State Income Tax (Low) Income Tax (High)
      Pennsylvania 3.07% 3.07%

      Goods & Services

      Item Pottstown National avg. Difference
      Haircut $26.17$24.267.9%
      Beauty Salon $40.39$45.5611.4%
      Toothpaste $3.77$3.701.9%
      Shampoo $1.43$1.2811.4%
      Movie $12.52$12.133.2%
      Bowling $15.56$18.0013.6%

      Groceries

      Item Pottstown National avg. Difference
      Ground Beef $5.65$5.843.2%
      Fried Chicken $1.45$1.578.0%
      Milk $4.49$4.673.8%
      Potatoes $5.37$4.938.8%
      Pizza $11.67$12.093.4%
      Beer $11.13$10.416.9%

      Health Care

      Item Pottstown National avg. Difference
      Optometrist $123.25$125.681.9%
      Doctor $177.40$135.7830.7%
      Dentist $118.44$113.294.6%
      Ibuprofen $10.64$10.650.2%
      Lipitor $469.00$468.600.1%

      Housing

      Item Pottstown National avg. Difference
      Home Price $131,100.00$184,700.0029.0%
      Avg. Mortgage Payment $2,026.41$2,346.6913.6%
      Apartment Rent $994.00$949.004.7%

      Transportation

      Item Pottstown National avg. Difference
      Gasoline $3.66$3.465.7%
      Tire Balancing $68.88$59.9215.0%

      Utilities

      Item Pottstown National avg. Difference
      All Electricity $169.62$193.9912.6%
      Phone $195.81$192.251.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Hyde Park borough, PA4518712.6%
      Reading, PA88,3338910.6%
      Hereford, PA1,4869010.1%
      Alsace Manor, PA335927.8%
      Mount Penn, PA3,112945.6%
      Pottstown, PA22,633973.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Allison Park, PA22,6231098.6%
      Woodlawn, VA22,62012020.5%
      Junction City, KS22,616927.9%
      East Peoria, IL22,6158910.7%
      Munster, IN22,6041099.0%
      Pottstown, PA22,633973.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.