Cost of Living in Village Shires, PA

Population 3,360 · Pennsylvania · Data vintage 2023

147
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Village Shires is a smaller Pennsylvania community of around 3000 residents, where median household incomes of $111,218 and housing costs ($512,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.5% — below most comparable cities in the state.

Village Shires sits roughly 15 miles northeast of Philadelphia — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 120% higher than Philadelphia's $232,000.

Cost Overview

Housing 168
Rent 116

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

About the Cost of Living in Village Shires

The median home value in Village Shires is $512,000 — 68% above the national median of $305,000. Median rent runs $1,527/month, 16% higher than the national median of $1,314/month. The median household income of $111,218/year is 49% higher than the US median of $74,580. The local unemployment rate is 2.5%, 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 65.6°F and lows of 47.2°F. Overall, Village Shires has a cost of living index of 147 versus the US average of 100, meaning it is 47% more expensive.

🏠 Housing

Median Home Value
$512,000
68% above avg
Median Rent
$1,527/mo
16% above avg
Price-to-Rent Ratio
27.9x
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 77.0%
Renter-occupied 23.0%

💰 Estimated Monthly Budget

Rent median rent
$1,527
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,141/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
35.4 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.7%

Commute Mode

Drove alone
69.3%
Carpooled
4.7%
Public transit
0.7%
Walked
0.1%
Work from home
23.7%

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
$111,218
49% above avg
Per Capita Income
$52,920
Unemployment Rate
2.5%
49% below avg
Poverty Rate
0.8%
Labor Force Participation
57.8%

🎓 Education

Bachelor's degree+ 29.0%
Graduate degree 20.4%

👥 Demographics

Median Age 52.1
Male median age 50.6
Female median age 52.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.6°F
Avg Low
47.2°F
Annual Precip
45"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 424553657583888679685747
Low °F 272835445464696860483831
Precip" 3.342.573.963.773.613.874.324.224.523.633.194.00

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
81.4%
Good air days/yr
200
Max AQI recorded
0
PM2.5 days
296
Ozone days

Frequently Asked Questions

What is the cost of living in Village Shires, PA?

Village Shires has a cost index of 147 (100 = national average). It is 47% above the national average.

What is average rent in Village Shires, PA?

The median gross rent in Village Shires is $1,527 per month based on 2023 Census data.

What is the average home price in Village Shires?

The median home value in Village Shires is $512,000 according to 2023 Census ACS data.

What is the median income in Village Shires?

The median household income in Village Shires is $111,218 per year (2023 ACS 5-year estimates).

What is the sales tax in Village Shires, PA?

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

Is Village Shires, PA affordable?

Village Shires is above average in cost of living, with an index of 147 — about 47% higher than the national average.

What is the weather like in Village Shires?

Village Shires has average high temperatures of 65.6°F and average lows of 47.2°F. Annual precipitation is 45". Data from NOAA 1991–2020 Climate Normals.

Village Shires at a Glance

Population
3,360
Median Income
$111,218
Home Value
$512,000
Median Rent
$1,527/mo
Unemployment
2.5%
Avg High Temp
65.6°F
Sales Tax
6.3%
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Explore county-level cost of living data

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