Housing costs in Philadelphia?
A typical home costs
$529,200, which is 56.5% more expensive than the national average of
$338,100 and 118.0% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$2,250 per month, which is 86.0% more than the national average of
$1,210 and 34.7% more than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19103), Pennsylvania, a minimum annual income of
$101,520 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19103 Philadelphia, PA is relatively expensive compared to the rest of the US. According to BestPlaces’s Cost of Living index, the cost of living including rent is 38% higher than the US average. The median monthly rental cost for a single bedroom apartment is around $1,500 and groceries are 46% more expensive than the US average. Even basic utilities such as electricity and water can be up to 4 times more expensive than in other parts of the US. Although it is more expensive than many cities in the US, 19103 Philadelphia, PA offers its residents many great amenities and opportunities that make it an attractive place to live.