Rent here is among the highest 10% in the country. Household incomes are higher than in 89% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (75.4%) are owned, so rentals can be hard to find. It is a highly educated city: 69.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $112,120 a year. That is $54 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 260 of 269 cities from cheapest to most expensive.
How much do households earn in Paoli?
Share of households by yearly income. 55.1% of households earn $100,000 or more.
Rent by apartment size in Paoli
| Size | Paoli | U.S. average |
|---|---|---|
| 1 bedroom | $2,036 | $1,324 |
| 2 bedrooms | $2,165 | $1,509 |
| 3 bedrooms | $1,890 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Paoli 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 Paoli, so the Pennsylvania figure is shown.
Taxes and bills in Paoli
Life in Paoli
Is it cheaper to rent or buy in Paoli?
Renting is cheaper right now: about $536 a month less.
Owning assumes a typical $481,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,120 for the down payment.
Frequently asked questions
What is the average rent in Paoli, PA?
Renting in Paoli costs a median of about $2,803 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Paoli?
To keep rent under 30% of income, you need about $112,120 a year, or $54 an hour at a full-time job.
Is Paoli cheap or expensive?
Paoli is rated OK: rent takes 22.5% of the typical household income of $149,260. It ranks 260th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Paoli?
The median homeowner in Paoli pays $4,234 a year in property taxes, about 0.88% of the median home value.
Is Paoli 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 Paoli?
The median home value in Paoli is $481,200, about 3.2 times the typical yearly household income.
6,362 people live in Paoli. Numbers are typical (middle) values.