States › Pennsylvania › Kennett Square

Is Kennett Square, PA expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,54012% lower than U.S. average
💵 Families earn per year (2026)$86,825about $7,235/month · same as U.S. average
🔑 House price$402,70021% higher than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs about 4.6 years of household income. Commutes are short, about 19.9 minutes.

How much money do I need?

To rent here comfortably, you should earn about $61,600 a year. That is $30 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 174 of 269 cities from cheapest to most expensive.

Kennett Square
$1,540
Taylor
$1,197
Fort Washington
$2,202
South Williamsport
$1,326
Forest Hills
$1,178
Newtown Grant
$3,483
Steelton
$1,422

How much do households earn in Kennett Square?

Under $25k
5.0%
$25k–50k
30.4%
$50k–100k
32.1%
$100k–150k
11.7%
$150k+
19.1%

Share of households by yearly income. 30.8% of households earn $100,000 or more.

Rent by apartment size in Kennett Square

SizeKennett SquareU.S. average
1 bedroom$1,686$1,324
2 bedrooms$1,372$1,509
3 bedrooms$1,951$1,698
4 bedrooms$2,105$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Kennett Square overall?

Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).

Housing
85
Goods (food, clothes…)
99
Utilities
109
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Kennett Square, so the Pennsylvania figure is shown.

Taxes and bills in Kennett Square

🏛️ Property tax$4,903a year · 1.22% of home value · U.S. $3,119
⚡ Electric bill$157a month (typical) · U.S. $156

Life in Kennett Square

Commute to work19.9 minU.S.: 26.4 min
College degree36.8%U.S.: 35.7%
Own their home56.3%U.S.: 65.2%
Below poverty line5.3%U.S.: 12.5%
Unemployment3.1%U.S.: 5.2%

Is it cheaper to rent or buy in Kennett Square?

Renting is cheaper right now: about $1,254 a month less.

Renting
$1,540
Owning
$2,794

Owning assumes a typical $402,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,270 for the down payment.

Frequently asked questions

What is the average rent in Kennett Square, PA?

Renting in Kennett Square costs a median of about $1,540 a month in 2026, including utilities. The Pennsylvania median is $1,367.

How much do I need to make to live in Kennett Square?

To keep rent under 30% of income, you need about $61,600 a year, or $30 an hour at a full-time job.

Is Kennett Square cheap or expensive?

Kennett Square is rated OK: rent takes 21.3% of the typical household income of $86,825. It ranks 174th cheapest of 269 Pennsylvania cities we track.

How much are property taxes in Kennett Square?

The median homeowner in Kennett Square pays $4,903 a year in property taxes, about 1.22% of the median home value.

Is Kennett Square 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 Kennett Square?

The median home value in Kennett Square is $402,700, about 4.6 times the typical yearly household income.

6,243 people live in Kennett Square. Numbers are typical (middle) values.