Cost of Living in Prospect Park, PA
Population 6,402 · Pennsylvania · Data vintage 2023
(100 = US avg)
Prospect Park sits on the smaller end of the Pennsylvania city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Prospect Park sits roughly 13 miles southwest of Philadelphia — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Philadelphia's $232,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Prospect Park
The median home value in Prospect Park is $239,700 — 21% below the national median of $305,000. Median rent runs $1,154/month, 12% lower than the national median of $1,314/month. The median household income of $65,774/year is 12% lower than the US median of $74,580. The local unemployment rate is 5.6%, 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 65.2°F and lows of 47.3°F, with about 23.1" of annual snowfall. Overall, Prospect Park has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.
Prospect Park 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 | 41 | 44 | 53 | 65 | 74 | 83 | 88 | 86 | 79 | 67 | 56 | 46 |
| Low °F | 26 | 28 | 34 | 44 | 54 | 64 | 70 | 68 | 61 | 49 | 39 | 31 |
| Precip" | 3.13 | 2.75 | 3.96 | 3.47 | 3.34 | 4.04 | 4.38 | 4.29 | 4.40 | 3.47 | 2.91 | 3.97 |
| Snow" | 7.1 | 8.4 | 3.6 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 3.5 |
💨 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 Prospect Park, PA?
Prospect Park has a cost index of 82 (100 = national average). It is 18% below the national average.
What is average rent in Prospect Park, PA?
The median gross rent in Prospect Park is $1,154 per month based on 2023 Census data.
What is the average home price in Prospect Park?
The median home value in Prospect Park is $239,700 according to Zillow and Census data.
What is the median income in Prospect Park?
The median household income in Prospect Park is $65,774 per year (2023 ACS 5-year estimates).
What is the sales tax in Prospect Park, PA?
The combined state and local sales tax rate in Prospect Park is 6.3%. The Pennsylvania state income tax top rate is 3.1%.
Is Prospect Park, PA affordable?
Yes, Prospect Park is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.
What is the weather like in Prospect Park?
Prospect Park 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.
Prospect Park at a Glance
- Population
- 6,402
- Median Income
- $65,774
- Home Value
- $239,700
- Median Rent
- $1,154/mo
- Unemployment
- 5.6%
- Avg High Temp
- 65.2°F
- Sales Tax
- 6.3%
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Pennsylvania Rankings
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