Housing costs in Philadelphia?
A typical home costs
$432,400, which is 27.9% more expensive than the national average of
$338,100 and 78.1% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$2,240 per month, which is 85.1% more than the national average of
$1,210 and 34.4% more than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19102), Pennsylvania, a minimum annual income of
$82,800 for a family, and
$74,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19102 Philadelphia, PA is quite high compared to other cities in the United States. The median home price in the zip code is over $450,000, making it one of the most expensive areas to live in the country. Groceries, utilities and transportation costs are all higher than the national average. Additionally, Pennsylvania's state income tax rate of 3.07 percent is on the higher end among states. However, despite these higher costs, residents of 19102 enjoy a variety of shopping options, diverse culture and great restaurants.