Housing costs in Philadelphia?
A typical home costs
$210,900, which is 37.6% less expensive than the national average of
$338,100 and 13.1% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Philadelphia costs
$1,400 per month, which is 15.7% more than the national average of
$1,210 and 5.0% cheaper than the state average of
$1,470.
Can I afford Philadelphia?
To live comfortably in Philadelphia (zip 19150), Pennsylvania, a minimum annual income of
$40,320 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Philadelphia?
The cost of living in 19150 Philadelphia, PA is relatively affordable compared to other large cities. On average, a one-bedroom apartment rental is around $1,000 per month and utilities usually total about $140 per month. Groceries are also reasonably priced and the average meal at a mid-range restaurant is approximately $20-25. Additionally, transportation costs are fairly low as public transport options such as the SEPTA bus system are available for just a few dollars per ride. In general, Philadelphia offers an affordable quality of living that makes it an ideal place to live for those on a budget.