Housing costs in Philadelphia?
A typical home costs
$416,700, which is 23.2% more expensive than the national average of
$338,100 and 71.6% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$2,190 per month, which is 81.0% more than the national average of
$1,210 and 32.9% more than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19107), Pennsylvania, a minimum annual income of
$79,920 for a family, and
$72,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19107 Philadelphia, PA is relatively high but still manageable for most people. According to BestPlaces’s cost of living index for the area, the overall cost of living is 8.1% higher than the national average and groceries are 7.37% higher than the average. Rent prices, however, can be quite steep as they are almost 40% higher than the US average. In general, it is about 5-10% more expensive to live in 19107 than in other parts of Pennsylvania or the rest of the country.