Cost of Living in Yardley, PA

With a cost of living index of 116, Yardley, PA is a notably expensive place to live. Living here is 16% more expensive than the national average and 33% above the Pennsylvania state average of 83. Yardley is a small community of 2,596 residents.

Housing costs are the biggest factor in Yardley's cost of living. The median monthly rent is $1,375 (4% above the US median of $1,319), and the median home value sits at $469,600 (54% above the national median of $304,900). At current prices, the median home costs roughly 4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Yardley is $118,750, which is 58% higher than the national median of $75,149. Residents spend roughly 14% 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 Yardley. The area sees an average annual temperature of 54.1°F, with summers averaging 74°F and winters around 34°F. Annual rainfall totals 45.6 inches spread over roughly 126 days.

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.