Housing costs in Philadelphia?
A typical home costs
$173,600, which is 48.7% less expensive than the national average of
$338,100 and 28.5% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,280 per month, which is 5.8% more than the national average of
$1,210 and 14.8% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19138), Pennsylvania, a minimum annual income of
$33,120 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19138 Philadelphia, PA is relatively high compared to the national average. According to bestplaces.net, the cost of living index in 19138 is 132.5, which is 32.5% higher than the US average of 100. Housing costs are particularly expensive and are 44% higher than the national average, with a median home price around $239,800 and an average monthly rent of $1,200 for a one-bedroom apartment. Grocery prices are 13% above the US average, while utilities like electricity and gas are about 6% higher than the national norm. Prices for health care services such as doctors’ visits and hospital stays tend to be slightly lower than the US average, but overall 19138 has a slightly higher cost of living than other parts of Philadelphia or Pennsylvania as a whole.