Housing costs in Philadelphia?
A typical home costs
$251,100, which is 25.7% less expensive than the national average of
$338,100 and 3.4% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,320 per month, which is 9.1% more than the national average of
$1,210 and 11.4% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19148), Pennsylvania, a minimum annual income of
$48,240 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19148 Philadelphia, PA is comparatively high compared to the US average. Rent for a one bedroom apartment can range from $800 to over $1,500 depending on the location and amenities. Groceries, utility bills, and transportation costs are also higher than the national average. While it is an expensive area to live in, there are many opportunities to save money including thrift stores and discount stores nearby. The city offers a vibrant cultural scene with plenty of activities and attractions for all ages as well as a variety of restaurants and bars.