Housing costs in Philadelphia?
A typical home costs
$236,900, which is 29.9% less expensive than the national average of
$338,100 and 2.4% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,340 per month, which is 10.7% more than the national average of
$1,210 and 9.7% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19109), Pennsylvania, a minimum annual income of
$45,360 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19109 Philadelphia, PA is quite high. According to BestPlaces, the grocery index in the area is 97.41%, which is higher than the national average of 94.3%. Additionally, rent prices are significantly higher than surrounding cities, with an average one-bedroom apartment costing around $1,542 a month. Other costs such as transportation and utilities also tend to be pricier compared other suburban areas. However, it's important to note that there are areas within 19109 that can offer more affordable options on housing and other necessities. Overall, the cost of living in this area is certainly on the higher end compared to most other locations in the United States.