salaryRent is higher than in 73% of U.S. cities. A typical house costs about 3.4 years of household income. It is a highly educated city: 56.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $83,720 a year. That is $40 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 240 of 269 cities from cheapest to most expensive.
How much do households earn in Phoenixville?
Share of households by yearly income. 38.9% of households earn $100,000 or more.
Rent by apartment size in Phoenixville
| Size | Phoenixville | U.S. average |
|---|---|---|
| Studio | $1,562 | $1,338 |
| 1 bedroom | $1,650 | $1,324 |
| 2 bedrooms | $2,200 | $1,509 |
| 3 bedrooms | $2,124 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Phoenixville 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 Phoenixville, so the Pennsylvania figure is shown.
Taxes and bills in Phoenixville
Life in Phoenixville
Is it cheaper to rent or buy in Phoenixville?
Renting is cheaper right now: about $472 a month less.
Owning assumes a typical $369,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,960 for the down payment.
Frequently asked questions
What is the average rent in Phoenixville, PA?
Renting in Phoenixville costs a median of about $2,093 a month in 2026, including utilities. The Pennsylvania median is $1,367.
How much do I need to make to live in Phoenixville?
To keep rent under 30% of income, you need about $83,720 a year, or $40 an hour at a full-time job.
Is Phoenixville cheap or expensive?
Phoenixville is rated OK: rent takes 22.8% of the typical household income of $110,156. It ranks 240th cheapest of 269 Pennsylvania cities we track.
How much are property taxes in Phoenixville?
The median homeowner in Phoenixville pays $4,783 a year in property taxes, about 1.29% of the median home value.
Is Phoenixville 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 Phoenixville?
The median home value in Phoenixville is $369,600, about 3.4 times the typical yearly household income.
19,452 people live in Phoenixville. Numbers are typical (middle) values.