Housing costs in Philadelphia?
A typical home costs
$206,500, which is 38.9% less expensive than the national average of
$338,100 and 15.0% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,520 per month, which is 25.6% more than the national average of
$1,210 and 3.3% more than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19153), Pennsylvania, a minimum annual income of
$39,600 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19153 Philadelphia, PA is quite high. The median home price in the area is over $200,000, and rent prices hover around $1,500 per month. Groceries can be a bit expensive due to the higher cost of goods in urban areas. Transportation costs are relatively inexpensive compared to other cities due to its size, but parking and tolls can be pricey in certain parts of town. Overall, it is more costly to live in 19153 Philadelphia than it is most other cities.