
Housing costs in Philadelphia?
A typical home costs
$270,500, which is 20.0% less expensive than the national average of
$338,100 and 11.4% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,300 per month, which is 7.4% more than the national average of
$1,210 and 13.1% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19122), Pennsylvania, a minimum annual income of
$51,840 for a family, and
$43,200 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19122 Philadelphia, PA is fairly reasonable compared to other cities in the US. The median home value in the area is around $145,000, which is significantly lower than the national average of $200,000. Additionally, rent for a one-bedroom apartment is typically between $900-$1,300. Prices for basic necessities such as food and transportation are also relatively low. The average price for a gallon of gas is usually around $2–$3 and groceries are usually reasonably priced. Overall, living in 19122 Philadelphia, PA can be quite affordable when it comes to costs associated with everyday life.