Cost of Living in Morton, PA

With a cost of living index of 96, Morton, PA is slightly more affordable than average. Living here is 4% cheaper than the national average and 13% above the Pennsylvania state average of 83. Morton is a small community of 2,768 residents.

Housing costs are the biggest factor in Morton's cost of living. The median monthly rent is $1,324 (0% below the US median of $1,319), and the median home value sits at $246,400 (19% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Morton is $54,881, which is 27% 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 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.