Cost of Living in Shrewsbury, PA

Population 3,866 · Pennsylvania · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Shrewsbury a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $296,000.

Geographically, Shrewsbury is about 35 miles north of Baltimore, the nearest large metro. Median home values run roughly 35% higher than Baltimore's $219,000.

Cost Overview

Housing 97
Rent 83

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

About the Cost of Living in Shrewsbury

The median home value in Shrewsbury is $296,300 — 3% below the national median of $305,000. Median rent runs $1,091/month, 17% lower than the national median of $1,314/month. The median household income of $95,962/year is 29% higher than the US median of $74,580. The local unemployment rate is 5.2%, 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%. Overall, Shrewsbury has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$296,300
3% below avg
Zillow Home Value
$169,333
Zillow ZHVI
Median Rent
$1,091/mo
17% below avg
Price-to-Rent Ratio
22.6x
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 79.8%
Renter-occupied 20.2%

💰 Estimated Monthly Budget

Rent median rent
$1,091
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,705/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
38.2 min
41% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.3%

Commute Mode

Drove alone
68.9%
Carpooled
13.2%
Public transit
0.1%
Walked
0.5%
Work from home
17.3%

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
$95,962
29% above avg
Per Capita Income
$48,535
Unemployment Rate
5.2%
9% above avg
Poverty Rate
5.2%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 10.6%

👥 Demographics

Median Age 51.7
Male median age 50.3
Female median age 51.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55.6%
Good air days/yr
256
Max AQI recorded
208
PM2.5 days
147
Ozone days

Frequently Asked Questions

What is the cost of living in Shrewsbury, PA?

Shrewsbury has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Shrewsbury, PA?

The median gross rent in Shrewsbury is $1,091 per month based on 2023 Census data.

What is the average home price in Shrewsbury?

The median home value in Shrewsbury is $296,300 according to Zillow and Census data.

What is the median income in Shrewsbury?

The median household income in Shrewsbury is $95,962 per year (2023 ACS 5-year estimates).

What is the sales tax in Shrewsbury, PA?

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

Is Shrewsbury, PA affordable?

Shrewsbury is near the national average in terms of cost of living, with an index of 92 (100 = US average).

Shrewsbury at a Glance

Population
3,866
Median Income
$95,962
Home Value
$296,300
Median Rent
$1,091/mo
Unemployment
5.2%
Sales Tax
6.3%
View all cities in Pennsylvania →
🗺️ County data for Pennsylvania

Explore county-level cost of living data

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