Cost of Living in Croydon, PA

With a cost of living index of 97, Croydon, PA is slightly more affordable than average. Living here is 3% cheaper than the national average and 14% above the Pennsylvania state average of 83. Croydon is a smaller community of 9,704 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Croydon's cost of living. The median monthly rent is $1,308 (1% below the US median of $1,319), and the median home value sits at $265,000 (13% below the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Croydon is $59,883, which is 20% lower than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Croydon. The area sees an average annual temperature of 56.4°F, with summers averaging 76°F and winters around 37°F. Annual rainfall totals 45 inches spread over roughly 130 days.

Everyday prices in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.