Housing costs in Philadelphia?
A typical home costs
$217,100, which is 35.8% less expensive than the national average of
$338,100 and 10.6% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,310 per month, which is 8.3% more than the national average of
$1,210 and 12.2% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19104), Pennsylvania, a minimum annual income of
$41,760 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19104 Philadelphia, PA is relatively high. According to BestPlaces, the cost of living index in this area is 114.7, which is slightly higher than the U.S. average of 100. Housing prices for a one-bedroom apartment are around $1,500 per month and grocery costs are also higher than the national average. The sales tax rate in Philadelphia County is 8%, which can affect the overall cost of living as well. There are also a number of additional fees associated with certain services and products that may increase expenses further. Despite these higher costs, many people find that living in 19104 Philadelphia, PA offers an abundance of attractions and amenities that make it worth the price tag.