Housing costs in Philadelphia?
A typical home costs
$177,300, which is 47.6% less expensive than the national average of
$338,100 and 27.0% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,340 per month, which is 10.7% more than the national average of
$1,210 and 9.7% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19144), Pennsylvania, a minimum annual income of
$33,840 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19144 Philadelphia, PA is relatively high compared to many other zip codes in the United States. The median household income for this area is around $41,563 as of 2018. The average cost of housing is around $1,162 per month and prices have been steadily increasing over the past few years. The unemployment rate in 19144 was 5% as of 2019 which shows that despite the high cost of living, there are still plenty of jobs available for those looking to make a living here. Other costs like groceries, transportation, healthcare, and utilities all tend to be more expensive than the national average as well.