salaryRent here is among the highest 10% in the country. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 4.0 years of household income. It is a highly educated city: 75.7% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $126,600 a year. That is $61 an hour at a full-time job.
Is rent cheaper than other Pennsylvania cities?
No. Rent here is more expensive than in most of Pennsylvania. It is number 264 of 269 cities from cheapest to most expensive.
How much do households earn in Bala Cynwyd?
Share of households by yearly income. 61.6% of households earn $100,000 or more.
Rent by apartment size in Bala Cynwyd
| Size | Bala Cynwyd | U.S. average |
|---|---|---|
| Studio | $1,796 | $1,338 |
| 1 bedroom | $1,865 | $1,324 |
| 2 bedrooms | $2,738 | $1,509 |
| 3 bedrooms | $1,650 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Bala Cynwyd overall?
Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Bala Cynwyd, so the Pennsylvania figure is shown.
Taxes and bills in Bala Cynwyd
Life in Bala Cynwyd
Is it cheaper to rent or buy in Bala Cynwyd?
Renting is cheaper right now: about $1,278 a month less.
Owning assumes a typical $640,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $64,040 for the down payment.
Frequently asked questions
What is the average rent in Bala Cynwyd, PA?
Renting in Bala Cynwyd costs a median of about $3,165 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Bala Cynwyd?
To keep rent under 30% of income, you need about $126,600 a year, or $61 an hour at a full-time job.
Is Bala Cynwyd cheap or expensive?
Bala Cynwyd is rated OK: rent takes 23.5% of the typical household income of $161,775. It ranks 264th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Bala Cynwyd?
The median homeowner in Bala Cynwyd pays $7,956 a year in property taxes, about 1.24% of the median home value.
Is Bala Cynwyd more expensive than the national average?
Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Bala Cynwyd?
The median home value in Bala Cynwyd is $640,400, about 4.0 times the typical yearly household income.
10,227 people live in Bala Cynwyd. Numbers are typical (middle) values.