Housing costs in Philadelphia?
A typical home costs
$209,300, which is 38.1% less expensive than the national average of
$338,100 and 24.5% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Philadelphia costs
$910 per month, which is 15.0% cheaper than the national average of
$1,070 and 23.1% cheaper than the state average of
$1,120.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 37846), Tennessee, a minimum annual income of
$39,960 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Philadelphia?
Philadelphia, TN 37846 is an affordable city to live in. The median household income for the area is $37,862 and the cost of living index is estimated to be 84.4, which is lower than the national average of 100. This means that you can get more value for your money when it comes to housing and general expenses in Philadelphia. Utilities are also relatively inexpensive, with electricity costing an average of 11 cents per kWh and natural gas costing an average of $0.90 per therm. Additionally, sales tax in Philadelphia is fairly low at 8%. All these factors make Philadelphia a great place to live if you are looking for affordability without sacrificing quality of life.