How Much Does It Cost to Live in King of Prussia PA?

King of Prussia is one of the most popular places to live in the Philadelphia suburbs. But what does it actually cost to call King of Prussia home? Here's a straightforward breakdown.

Housing Costs in King of Prussia

Single-family homes in King of Prussia typically range from $450,000 to $650,000 depending on size and neighborhood. Townhomes in developments like Village at Valley Forge and Renaissance start in the mid-$300,000s. Renters can expect to pay $1,800 to $2,500 per month for a two-bedroom apartment.

Property Taxes

King of Prussia is located in Upper Merion Township, Montgomery County. Property tax rates in Upper Merion are moderate compared to other Philadelphia suburbs, typically ranging from 1.8% to 2.2% of assessed value. A home assessed at $500,000 would pay roughly $9,000 to $11,000 per year in property taxes.

Utilities and Everyday Costs

Monthly utilities in King of Prussia — including electric, gas, water, and internet — average around $250 to $350 for a typical household. Grocery costs are in line with the greater Philadelphia area. Commuters benefit from easy access to the Pennsylvania Turnpike, Route 202, and Route 422, keeping gas and commute costs manageable.

Is King of Prussia Affordable?

Compared to areas like the Main Line or Center City Philadelphia, King of Prussia offers strong value. You get public schools through the Upper Merion Area School District, proximity to the King of Prussia Mall and major employers, and a lower cost per square foot than many neighboring communities.