States › Pennsylvania › Wayne

Is Wayne, PA expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,46941% higher than U.S. average
💵 Families earn per year (2026)$162,356about $13,530/month · 86% higher than U.S. average
🔑 House price$713,300114% higher than U.S. average

Rent is higher than in 85% of U.S. cities. Household incomes are higher than in 92% of U.S. cities. A typical house costs about 4.4 years of household income. It is a highly educated city: 71.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $98,760 a year. That is $47 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 255 of 269 cities from cheapest to most expensive.

Wayne
$2,469
$1,173
$1,757
$1,842

How much do households earn in Wayne?

Under $25k
7.7%
$25k–50k
17.1%
$50k–100k
14.3%
$100k–150k
19.6%
$150k+
41.1%

Share of households by yearly income. 60.7% of households earn $100,000 or more.

Rent by apartment size in Wayne

SizeWayneU.S. average
1 bedroom$1,570$1,324
2 bedrooms$2,373$1,509
4 bedrooms$2,307$2,098

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

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

Taxes and bills in Wayne

🏛️ Property tax$8,842a year · 1.24% of home value · U.S. $3,119
⚡ Electric bill$173a month (typical) · U.S. $156

Life in Wayne

Commute to work27.6 minU.S.: 26.4 min
College degree71.5%U.S.: 35.7%
Own their home66.1%U.S.: 65.2%
Below poverty line9.1%U.S.: 12.5%
Unemployment9.1%U.S.: 5.2%

Is it cheaper to rent or buy in Wayne?

Renting is cheaper right now: about $2,480 a month less.

Renting
$2,469
Owning
$4,949

Owning assumes a typical $713,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $71,330 for the down payment.

Frequently asked questions

What is the average rent in Wayne, PA?

Renting in Wayne costs a median of about $2,469 a month in 2026, including utilities. The Pennsylvania median is $1,367.

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

To keep rent under 30% of income, you need about $98,760 a year, or $47 an hour at a full-time job.

Is Wayne cheap or expensive?

Wayne is rated Cheap: rent takes 18.2% of the typical household income of $162,356. It ranks 255th cheapest of 269 Pennsylvania cities we track.

How much are property taxes in Wayne?

The median homeowner in Wayne pays $8,842 a year in property taxes, about 1.24% of the median home value.

Is Wayne 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 Wayne?

The median home value in Wayne is $713,300, about 4.4 times the typical yearly household income.

6,635 people live in Wayne. Numbers are typical (middle) values.