Cost of Living in Chester, PA
Housing
The housing market plays a significant role in determining the cost of living in Chester, PA.
- Housing Index: 115.0 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1220 per month
Based on the data provided for Chester, PA, the housing index is at 115.0, indicating that housing costs here are above the national average. The median home price of 150000 and average rent for a 2-bedroom apartment at 1200 suggest a moderately priced housing market, allowing for potential financial flexibility. Renting a 2-bedroom house is slightly higher at 1220. It's essential to consider your long-term plans; if homeownership is an option, the median price seems attainable compared to many urban areas, making Chester a viable place for potential residents.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chester, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Chester, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Chester is a financially viable option for your relocation.