Cost of Living in Nottingham, PA
Population: 1,405 | Pennsylvania
Nottingham is 2% more expensive than the national average.
Cost of Living in Nottingham, PA: What You Need to Know
With a cost of living index of 102, Nottingham, PA is somewhat more expensive than average. Living here is 2% more expensive than the national average and 19% above the Pennsylvania state average of 83. Nottingham is a small community of 1,405 residents.
Housing costs are the biggest factor in Nottingham's cost of living. The median monthly rent is $1,370 (4% above the US median of $1,319), and the median home value sits at $301,700 (1% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.
The median household income in Nottingham is $106,151, which is 41% higher than the national median of $75,149. Residents spend roughly 15% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
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.
Income
- Median Household Income
- $106,151
- vs US Median ($75,149)
- +41%
Housing
- Median Rent
- $1,370/mo
- Median Home Value
- $301,700
- Median Monthly Housing Cost
- $1,351/mo
Everyday Prices in Nottingham
BLS Average Prices for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (Metropolitan Statistical Area) area