Norristown, PA

Below Avg · 85

Pennsylvania · Population 35,782 · Updated March 2026

$1,337
Median Rent / Month
$65,058
Median Income
$205,100
Median Home Value
$1,412
Owner Costs / Month

Affordability

How far your income goes in Norristown

24.7%
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

$16,044
Annual Rent
$1,997
State Income Tax
$3,056
Property Tax (est.)

Cost of Living Overview

Norristown offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Norristown residents can expect to pay median rent of $1,337/month while earning a median household income of $65,058/year.

The median home value in Norristown, PA is $205,100, with typical monthly owner costs around $1,412 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.7% 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 Norristown.

Frequently Asked Questions

Common questions about living costs in Norristown

What is the cost of living in Norristown, PA?
The cost of living index in Norristown, PA is 85 (US average = 100). Median monthly rent is $1,337, median household income is $65,058/year, and the median home value is $205,100.
Is Norristown, PA affordable?
Yes, Norristown is more affordable than the national average with a cost index of 85. The rent-to-income ratio is 24.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Norristown, PA?
The median gross rent in Norristown, PA is $1,337 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,044.
What is the median household income in Norristown?
The median household income in Norristown, PA is $65,058 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%.