Housing costs in Philadelphia?
A typical home costs
$324,800, which is 3.9% less expensive than the national average of
$338,100 and 33.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,670 per month, which is 38.0% more than the national average of
$1,210 and 12.0% more than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19128), Pennsylvania, a minimum annual income of
$62,280 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19128 Philadelphia, PA is high compared to other areas in the US. According to a recent survey, it ranks as one of the most expensive cities to live in the country. Housing costs are particularly steep, with average rent for a two-bedroom apartment coming in at over $1700 per month. Utilities are also expensive, with electricity and water bills costing significantly more than what you would pay elsewhere. Transportation costs are also high due to the area's proximity to New York City and Philadelphia International Airport. In addition, food and entertainment options are limited and can be quite pricey. All things considered, living in 19128 Philadelphia, PA can be quite costly.