Cost of Living in Hereford, PA

With a cost of living index of 109, Hereford, PA is somewhat more expensive than average. Living here is 9% more expensive than the national average and 26% above the Pennsylvania state average of 83. Hereford is a small community of 1,494 residents.

The median household income in Hereford is $69,205, which is 8% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Everyday prices in the Reading, PA (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.