Housing costs in Philadelphia?
A typical home costs
$222,800, which is 34.1% less expensive than the national average of
$338,100 and 8.2% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,400 per month, which is 15.7% more than the national average of
$1,210 and 5.0% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19149), Pennsylvania, a minimum annual income of
$42,840 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19149 Philadelphia, PA is relatively high compared to other cities in the US. According to BestPlaces, the cost of living index in 19149 is 92.7, which is higher than the national average of 66.91. As such, a person would need to earn a higher-than-average salary in order to maintain their standard of living. Housing prices in 19149 tend to be more expensive than other areas due to its proximity to both downtown Philadelphia and numerous attractions such as museums and restaurants. Prices for basic goods, such as groceries and transportation fares, are also typically higher than elsewhere in the country. Despite this, residents still enjoy access to excellent schools and hospitals as well as a wide selection of cultural activities and entertainment options making it an attractive option for those looking for a more urban lifestyle.