States › Pennsylvania › Richboro

Is Richboro, PA expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,23427% higher than U.S. average
💵 Families earn per year (2026)$171,489about $14,291/month · 97% higher than U.S. average
🔑 House price$559,70068% higher than U.S. average

Rent is higher than in 77% of U.S. cities. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 3.3 years of household income. Most homes (97.9%) are owned, so rentals can be hard to find. It is a highly educated city: 60.3% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $89,360 a year. That is $43 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 247 of 269 cities from cheapest to most expensive.

Richboro
$2,234
Linglestown
$1,785
Tamaqua
$1,098
Natrona Heights
$1,032
Huntingdon
$938
Ambridge
$1,078
Rutherford
$1,274

How much do households earn in Richboro?

Under $25k
4.4%
$25k–50k
4.4%
$50k–100k
20.0%
$100k–150k
38.4%
$150k+
33.0%

Share of households by yearly income. 71.4% of households earn $100,000 or more.

How expensive is Richboro 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 Richboro, so the Pennsylvania figure is shown.

Taxes and bills in Richboro

🏛️ Property tax$7,099a year · 1.27% of home value · U.S. $3,119
⚡ Electric bill$255a month (typical) · U.S. $156

Life in Richboro

Commute to work27.2 minU.S.: 26.4 min
College degree60.3%U.S.: 35.7%
Own their home97.9%U.S.: 65.2%
Below poverty line0.8%U.S.: 12.5%
Unemployment1.2%U.S.: 5.2%

Is it cheaper to rent or buy in Richboro?

Renting is cheaper right now: about $1,650 a month less.

Renting
$2,234
Owning
$3,884

Owning assumes a typical $559,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $55,970 for the down payment.

Frequently asked questions

What is the average rent in Richboro, PA?

Renting in Richboro costs a median of about $2,234 a month in 2026, including utilities. The Pennsylvania median is $1,367.

How much do I need to make to live in Richboro?

To keep rent under 30% of income, you need about $89,360 a year, or $43 an hour at a full-time job.

Is Richboro cheap or expensive?

Richboro is rated Cheap: rent takes 15.6% of the typical household income of $171,489. It ranks 247th cheapest of 269 Pennsylvania cities we track.

How much are property taxes in Richboro?

The median homeowner in Richboro pays $7,099 a year in property taxes, about 1.27% of the median home value.

Is Richboro 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 Richboro?

The median home value in Richboro is $559,700, about 3.3 times the typical yearly household income.

6,963 people live in Richboro. Numbers are typical (middle) values.