Housing costs in Philadelphia?
A typical home costs
$278,700, which is 17.6% less expensive than the national average of
$338,100 and 14.8% more 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 19152), Pennsylvania, a minimum annual income of
$53,280 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19152 Philadelphia, PA is quite high. According to the most recent data, the overall cost of living index for this area is rated as 132, which is 32% higher than the United States average. Housing prices are particularly expensive throughout Philadelphia, with median home values reaching $194,000 and rental costs averaging around $1,200 per month. The high cost of groceries in this city is also noteworthy; a market basket of food items costs about 9% more than the national average. Despite the high costs associated with living in 19152 Philadelphia, PA, there are still ways to find affordable housing and groceries on a budget.