Housing costs in Philadelphia?
A typical home costs
$117,800, which is 65.2% less expensive than the national average of
$338,100 and 51.5% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,180 per month, which is 2.5% cheaper than the national average of
$1,210 and 24.6% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19139), Pennsylvania, a minimum annual income of
$22,680 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19139 Philadelphia, PA is relatively high compared to the national average. According to BestPlaces, the cost of living index in 19139 is about 107.1, which indicates that it is 7.1% higher than the national average. Housing costs are especially high as rents in 19139 are approximately 12% higher than the national average. Additionally, groceries and consumer goods are slightly more expensive than other regions of the country due to local taxes and fees. Despite these increases, 18139 still remains an attractive location for many potential residents due to its close proximity to downtown attractions and cultural activities.