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Cost of Living in King of Prussia, PA

Population 25,857 · Census ACS 2020–2024 5-year estimates

Median rent$2,077
Median home value$436,200
Median household income$117,912

The median rent in King of Prussia, PA is $2,077/month, 72% higher than the Pennsylvania median and 47% higher than the U.S. median. The median home value is $436,200, 31% higher than the national median. Households earn a median of $117,912 a year, 51% higher than the state median.

Affordability

Rent as a share of median income: 21.1%
Income needed for median rent (30% rule): $83,080/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,206/mo

Run your own numbers: mortgage calculator · hourly to salary

King of Prussia vs. Pennsylvania vs. U.S.

King of PrussiaPennsylvaniaU.S.
Median rent$2,077$1,209$1,413
Median home value$436,200$254,500$332,700
Median household income$117,912$77,971$80,734
Homeownership rate46.0%69.3%65.2%
Bachelor's degree or higher65.7%35.2%35.7%
Poverty rate4.5%11.7%12.5%
Unemployment rate4.7%5.3%5.2%
Work from home29.8%15.6%15.1%
Median age36.340.938.9

FAQ

What is the average rent in King of Prussia, PA?

The median gross rent in King of Prussia, PA is $2,077 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in King of Prussia, PA?

Using the common 30% rule, renting a median-priced home takes about $83,080 a year in gross income.

Is King of Prussia, PA expensive to live in?

Rent there is 47% higher than the U.S. median, and the median home costs about 3.7 times the median household income.

Other cities in Pennsylvania

Philadelphia, PARent $1,397 · Income $61,953Pittsburgh, PARent $1,261 · Income $65,742Allentown, PARent $1,317 · Income $55,494Reading, PARent $1,067 · Income $44,091Erie, PARent $870 · Income $46,113Bethlehem, PARent $1,382 · Income $68,879

Cities with a similar cost of living

Royse City, TXRent $2,078 · Income $116,660Graham, WARent $2,095 · Income $116,862Alexandria, VARent $2,089 · Income $119,681Germantown, MDRent $2,040 · Income $117,546Freeport, NYRent $2,077 · Income $120,625Ken Caryl, CORent $2,127 · Income $118,269

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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