Housing costs in Philadelphia?
A typical home costs
$214,100, which is 36.7% less expensive than the national average of
$338,100 and 11.8% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,120 per month, which is 7.4% cheaper than the national average of
$1,210 and 31.3% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19136), Pennsylvania, a minimum annual income of
$41,040 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19136 Philadelphia, PA is fairly expensive. The average rent for a one-bedroom apartment is around $1,200 per month. Additionally, the median household income in 19136 is approximately $46,000 annually. The cost of food and utilities can also be relatively high compared to other areas in the US. In terms of transportation costs, those who live in 19136 should factor in the cost of a SEPTA pass or car ownership for commuting needs. Overall, residents should budget appropriately when living in this area as it requires some additional financial planning to maintain a reasonable cost of living.