States › Pennsylvania › Merion Station

Is Merion Station, PA expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,71555% higher than U.S. average
💵 Families earn per year (2026)$250,000+about $20,833/month · 187% higher than U.S. average
🔑 House price$886,600166% higher than U.S. average

Rent is higher than in 90% of U.S. cities. Household incomes are higher than in 99% of U.S. cities. A typical house costs about 3.5 years of household income. Most homes (89.3%) are owned, so rentals can be hard to find. It is a highly educated city: 84.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $108,600 a year. That is $52 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 259 of 269 cities from cheapest to most expensive.

Merion Station
$2,715
McKees Rocks
$1,793
New Holland
$1,283
Plymouth
$1,505
Oxford
$2,075
Chesterbrook
$3,126
Media
$1,818

How much do households earn in Merion Station?

Under $25k
0.5%
$25k–50k
5.4%
$50k–100k
11.2%
$100k–150k
13.3%
$150k+
68.0%

Share of households by yearly income. 81.3% of households earn $100,000 or more.

Rent by apartment size in Merion Station

SizeMerion StationU.S. average
2 bedrooms$2,388$1,509
3 bedrooms$3,500+$1,698

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

How expensive is Merion Station 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 Merion Station, so the Pennsylvania figure is shown.

Taxes and bills in Merion Station

🏛️ Property tax$10,000+a year · 1.13% of home value · U.S. $3,119
⚡ Electric bill$233a month (typical) · U.S. $156

Life in Merion Station

Commute to work26.9 minU.S.: 26.4 min
College degree84.5%U.S.: 35.7%
Own their home89.3%U.S.: 65.2%
Below poverty line4.2%U.S.: 12.5%
Unemployment3.1%U.S.: 5.2%

Is it cheaper to rent or buy in Merion Station?

Renting is cheaper right now: about $3,437 a month less.

Renting
$2,715
Owning
$6,152

Owning assumes a typical $886,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $88,660 for the down payment.

Frequently asked questions

What is the average rent in Merion Station, PA?

Renting in Merion Station costs a median of about $2,715 a month in 2026, including utilities. The Pennsylvania median is $1,367.

How much do I need to make to live in Merion Station?

To keep rent under 30% of income, you need about $108,600 a year, or $52 an hour at a full-time job.

Is Merion Station cheap or expensive?

Merion Station is rated Cheap: rent takes 13.0% of the typical household income of $250,000+. It ranks 259th cheapest of 269 Pennsylvania cities we track.

How much are property taxes in Merion Station?

The median homeowner in Merion Station pays $10,000+ a year in property taxes, about 1.13% of the median home value.

Is Merion Station 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 Merion Station?

The median home value in Merion Station is $886,600, about 3.5 times the typical yearly household income.

5,788 people live in Merion Station. Numbers are typical (middle) values.