Cost of Living in Malvern, PA
Population 3,427 · Pennsylvania · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Malvern a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $460,000. At 9.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Malvern sits roughly 20 miles west of Philadelphia. Median home values run roughly 98% higher than Philadelphia's $232,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Malvern
The median home value in Malvern is $460,400 — 51% above the national median of $305,000. Median rent runs $1,886/month, 44% higher than the national median of $1,314/month. The median household income of $106,638/year is 43% higher than the US median of $74,580. The local unemployment rate is 9.1%, above the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. The climate averages highs of 61.3°F and lows of 42.5°F. Overall, Malvern has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.
Malvern has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 37 | 40 | 49 | 61 | 71 | 79 | 84 | 82 | 75 | 63 | 52 | 42 |
| Low °F | 22 | 23 | 30 | 40 | 50 | 59 | 64 | 62 | 55 | 43 | 34 | 27 |
| Precip" | 3.02 | 2.56 | 4.07 | 3.64 | 3.69 | 3.84 | 4.72 | 4.38 | 4.83 | 3.81 | 3.02 | 3.76 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Malvern, PA?
Malvern has a cost index of 148 (100 = national average). It is 48% above the national average.
What is average rent in Malvern, PA?
The median gross rent in Malvern is $1,886 per month based on 2023 Census data.
What is the average home price in Malvern?
The median home value in Malvern is $460,400 according to Zillow and Census data.
What is the median income in Malvern?
The median household income in Malvern is $106,638 per year (2023 ACS 5-year estimates).
What is the sales tax in Malvern, PA?
The combined state and local sales tax rate in Malvern is 6.3%. The Pennsylvania state income tax top rate is 3.1%.
Is Malvern, PA affordable?
Malvern is above average in cost of living, with an index of 148 — about 48% higher than the national average.
What is the weather like in Malvern?
Malvern has average high temperatures of 61.3°F and average lows of 42.5°F. Annual precipitation is 45.3". Data from NOAA 1991–2020 Climate Normals.
Malvern at a Glance
- Population
- 3,427
- Median Income
- $106,638
- Home Value
- $460,400
- Median Rent
- $1,886/mo
- Unemployment
- 9.1%
- Avg High Temp
- 61.3°F
- Sales Tax
- 6.3%
Explore county-level cost of living data
Pennsylvania Rankings
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