Housing costs in Philadelphia?
A typical home costs
$427,500, which is 26.4% more expensive than the national average of
$338,100 and 76.1% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$2,220 per month, which is 83.5% more than the national average of
$1,210 and 33.8% more than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19130), Pennsylvania, a minimum annual income of
$82,080 for a family, and
$73,600 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19130 Philadelphia, PA is slightly higher than the national average. According to Sperling’s Best Places, a consumer can expect to pay an estimated 103% of the national average for groceries, 106% for housing, and 98% for utilities. Despite this, the cost of living remains relatively affordable due to the city’s thriving economy and many job opportunities. The median home value in 19130 Philadelphia is currently $239,400 with a median household income of $39,793. Even with higher costs of living than other parts of the country, 19130 Philadelphia remains an attractive destination for those looking to settle down and build a life.