King of Prussia, PA

Very High · 134

Pennsylvania · Population 25,025 · Updated March 2026

$1,995
Median Rent / Month
$111,600
Median Income
$396,500
Median Home Value
$1,903
Owner Costs / Month

Affordability

How far your income goes in King of Prussia

21.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Pennsylvania

State-level tax rates that affect your costs

3.07%
Income Tax (Top Rate)
6.0%
Sales Tax
1.49%
Property Tax Rate

Estimated Annual Costs

$23,940
Annual Rent
$3,426
State Income Tax
$5,908
Property Tax (est.)

Cost of Living Overview

King of Prussia has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 134 (where 100 equals the national median), King of Prussia residents can expect to pay median rent of $1,995/month while earning a median household income of $111,600/year.

The median home value in King of Prussia, PA is $396,500, with typical monthly owner costs around $1,903 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Pennsylvania has a moderate income tax rate of 3.07%. Combined with a 6.0% sales tax rate and 1.49% effective property tax rate, the overall tax environment is a factor in the total cost of living in King of Prussia.

Frequently Asked Questions

Common questions about living costs in King of Prussia

What is the cost of living in King of Prussia, PA?
The cost of living index in King of Prussia, PA is 134 (US average = 100). Median monthly rent is $1,995, median household income is $111,600/year, and the median home value is $396,500.
Is King of Prussia, PA affordable?
No, King of Prussia is more expensive than the national average with a cost index of 134. The rent-to-income ratio is 21.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in King of Prussia, PA?
The median gross rent in King of Prussia, PA is $1,995 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,940.
What is the median household income in King of Prussia?
The median household income in King of Prussia, PA is $111,600 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Pennsylvania?
Pennsylvania has a top income tax rate of 3.07%, a sales tax of 6.0%, and an effective property tax rate of 1.49%.