Cost of Living in Oxford, PA

With a cost of living index of 98, Oxford, PA is slightly more affordable than average. Living here is 2% cheaper than the national average and 15% above the Pennsylvania state average of 83. Oxford is a smaller community of 5,763 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Oxford's cost of living. The median monthly rent is $1,208 (8% below the US median of $1,319), and the median home value sits at $309,600 (2% above the national median of $304,900). At current prices, the median home costs roughly 5x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Oxford is $61,470, which is 18% lower than the national median of $75,149. Residents spend roughly 24% 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.