Housing costs in Philadelphia?
A typical home costs
$328,900, which is 2.7% less expensive than the national average of
$338,100 and 35.5% more 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 19115), Pennsylvania, a minimum annual income of
$63,000 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19115 Philadelphia, PA is generally higher than the national average. Housing costs are significantly higher, with the median value of a home being $209,900 and the median rent costing an average of $1,000 per month. Although food costs are slightly higher than the national average, Philadelphia offers plenty of diverse and delicious cuisine options for even the most budget-conscious individuals. Transportation costs are also notably high, given that public transportation is one of the main modes of getting around Philadelphia's many neighborhoods. Overall, living in 19115 Philadelphia can be expensive compared to other places but it remains a desirable location for people looking to live in or near one of America's oldest cities.