Housing costs in Philadelphia?
A typical home costs
$193,600, which is 42.7% less expensive than the national average of
$338,100 and 20.3% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,040 per month, which is 14.0% cheaper than the national average of
$1,210 and 41.3% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19121), Pennsylvania, a minimum annual income of
$37,080 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19121 Philadelphia, PA is relatively low compared to other cities. The median home cost is $161,000 and the average rent for a two-bedroom apartment is $1,200 per month. Other costs such as groceries, transportation and utilities are also competitively priced. There are plenty of local attractions that one can take advantage of in the area such as museums and parks which makes it easier to stay within budget. With the combination of low cost housing and activities, 19121 Philadelphia, PA offers an affordable option for those looking to enjoy city life without breaking the bank.