Cost of Living in Wyomissing, PA

With a cost of living index of 114, Wyomissing, PA is somewhat more expensive than average. Living here is 14% more expensive than the national average and 31% above the Pennsylvania state average of 83. Wyomissing is a smaller community of 11,100 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Wyomissing's cost of living. The median monthly rent is $1,746 (32% above the US median of $1,319), and the median home value sits at $326,800 (7% above the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Wyomissing is $88,214, which is 17% higher 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. While incomes are above average, they more than offset the higher cost of living.

Climate is another factor for anyone considering a move to Wyomissing. The area sees an average annual temperature of 53.7°F, with summers averaging 74°F and winters around 33°F. Annual rainfall totals 45.2 inches spread over roughly 129 days.

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.