Cost of Living in Merion Station, PA

Population 5,796 · Pennsylvania · Data vintage 2023

245
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Merion Station's housing market reflects its status as a high-earning metro: $876,000 for a typical home, 187% above the US median, paired with household incomes around $250,001 that put it in the upper third of the state.

Located 6 miles west of Philadelphia, Merion Station falls within that metro's commuting orbit. Median home values run roughly 277% higher than Philadelphia's $232,000.

Cost Overview

Housing 287
Rent 182

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Merion Station

The median home value in Merion Station is $875,500 — 187% above the national median of $305,000. Median rent runs $2,395/month, 82% higher than the national median of $1,314/month. The median household income of $250,001/year is 235% higher than the US median of $74,580. The local unemployment rate is 3.1%, below 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Merion Station has a cost of living index of 245 versus the US average of 100, meaning it is 145% more expensive.

🏠 Housing

Median Home Value
$875,500
187% above avg
Zillow Home Value
$417,166
Zillow ZHVI
Median Rent
$2,395/mo
82% above avg
Price-to-Rent Ratio
30.5x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 90.3%
Renter-occupied 9.7%

💰 Estimated Monthly Budget

Rent median rent
$2,395
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,009/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
39.1%

Commute Mode

Drove alone
46.3%
Carpooled
2.8%
Public transit
7.7%
Walked
3.8%
Bicycle
0.3%
Work from home
39.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$250,001
235% above avg
Per Capita Income
$113,467
Unemployment Rate
3.1%
36% below avg
Poverty Rate
2.7%
Labor Force Participation
72.6%

🎓 Education

Bachelor's degree+ 24.9%
Graduate degree 60.4%

👥 Demographics

Median Age 42.8
Male median age 41.4
Female median age 45.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.2°F
Avg Low
47.3°F
Annual Precip
44.1"
Annual Snowfall
23.1"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 414453657483888679675646
Low °F 262834445464706861493931
Precip" 3.132.753.963.473.344.044.384.294.403.472.913.97
Snow" 7.18.43.60.30.00.00.00.00.00.00.23.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
63.6%
Good air days/yr
284
Max AQI recorded
221
PM2.5 days
144
Ozone days

Frequently Asked Questions

What is the cost of living in Merion Station, PA?

Merion Station has a cost index of 245 (100 = national average). It is 145% above the national average.

What is average rent in Merion Station, PA?

The median gross rent in Merion Station is $2,395 per month based on 2023 Census data.

What is the average home price in Merion Station?

The median home value in Merion Station is $875,500 according to Zillow and Census data.

What is the median income in Merion Station?

The median household income in Merion Station is $250,001 per year (2023 ACS 5-year estimates).

What is the sales tax in Merion Station, PA?

The combined state and local sales tax rate in Merion Station is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is Merion Station, PA affordable?

Merion Station is above average in cost of living, with an index of 245 — about 145% higher than the national average.

What is the weather like in Merion Station?

Merion Station has average high temperatures of 65.2°F and average lows of 47.3°F. Annual precipitation is 44.1". Average annual snowfall is 23.1". Data from NOAA 1991–2020 Climate Normals.

Merion Station at a Glance

Population
5,796
Median Income
$250,001
Home Value
$875,500
Median Rent
$2,395/mo
Unemployment
3.1%
Avg High Temp
65.2°F
Sales Tax
6.3%
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Explore county-level cost of living data

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