Philadelphia, Pennsylvania gets a BestPlaces Cost of Living index of 104.3, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 4.3 percent higher than the U.S. average and 10.3 percent higher than the average for Pennsylvania.
A typical home costs $205,900, which is 39.1 percent less expensive than the national average of $338,100 and 15.2 percent less expensive than the average Pennsylvania home, at $242,800. Renting a two-bedroom unit in Philadelphia costs $1,390 per month, which is 2.8 percent cheaper than the national average of $1,430 and 12.9 percent more than the state average of $1,210.
To live comfortably in Philadelphia, Pennsylvania, a minimum annual income of $39,600 for a family, and $46,000 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Philadelphia is cheaper than the US average. A cost of living index above 100 means Philadelphia, Pennsylvania is more expensive.
Philadelphia cost of living is 104.3