Cost of Living in Horsham, PA
Housing
The housing market plays a significant role in determining the cost of living in Horsham, PA.
- Housing Index: 125.0 / 100
- Median Home Price is: $398,000
- Average Rent (2 BR Apartment): $2000 per month
- Average Rent (2 BR House): $2100 per month
Considering a move to Horsham, PA? With a housing index at 125.0, the area indicates a higher relative cost of living. A median home price of 398000 may pose a challenge for first-time buyers, while average rents of 2000 for a 2-bedroom apartment and 2100 for a house suggest that renting might be an appealing alternative. Additionally, the housing market trends, local employment opportunities, and statewide taxation can also play significant roles in your decision-making process. Always assess if the investment aligns with your lifestyle and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Horsham, 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 Horsham, 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 Horsham is a financially viable option for your relocation.