Housing costs in Philadelphia?
A typical home costs
$157,600, which is 53.4% less expensive than the national average of
$338,100 and 35.1% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,190 per month, which is 1.7% cheaper than the national average of
$1,210 and 23.5% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19120), Pennsylvania, a minimum annual income of
$30,240 for a family, and
$39,600 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19120 Philadelphia, PA is relatively high compared to other places in the United States. While housing costs are still below the national median, they are generally on the higher end for cities of similar size. The cost of groceries and health care in 19120 are both above the national averages. Additionally, transportation costs can be expensive due to the cost of public transit and limited options for car ownership. Despite these pricier costs, 19120 remains an attractive place to live due to its vibrant cultural and entertainment scene that includes well-known museums, restaurants, shops, and more.