salaryRent is lower than in 53% of U.S. cities. A typical house costs about 4.5 years of household income. Most homes (75.8%) are owned, so rentals can be hard to find. It is a highly educated city: 55.2% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $63,440 a year. That is $31 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 183 of 269 cities from cheapest to most expensive.
How much do households earn in Collegeville?
Share of households by yearly income. 41.1% of households earn $100,000 or more.
Rent by apartment size in Collegeville
| Size | Collegeville | U.S. average |
|---|---|---|
| Studio | $3,500+ | $1,338 |
| 1 bedroom | $1,408 | $1,324 |
| 2 bedrooms | $1,502 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Collegeville 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 Collegeville, so the Pennsylvania figure is shown.
Taxes and bills in Collegeville
Life in Collegeville
Is it cheaper to rent or buy in Collegeville?
Renting is cheaper right now: about $1,488 a month less.
Owning assumes a typical $443,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,300 for the down payment.
Frequently asked questions
What is the average rent in Collegeville, PA?
Renting in Collegeville costs a median of about $1,586 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Collegeville?
To keep rent under 30% of income, you need about $63,440 a year, or $31 an hour at a full-time job.
Is Collegeville cheap or expensive?
Collegeville is rated Cheap: rent takes 19.3% of the typical household income of $98,646. It ranks 183rd cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Collegeville?
The median homeowner in Collegeville pays $6,610 a year in property taxes, about 1.49% of the median home value.
Is Collegeville 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 Collegeville?
The median home value in Collegeville is $443,000, about 4.5 times the typical yearly household income.
5,247 people live in Collegeville. Numbers are typical (middle) values.