What Does It Cost To Live In Philadelphia?

Summary about cost of living in Philadelphia, PA, United States: Family of four estimated monthly costs are 3,740$ without rent. A single person estimated monthly costs are 1,039$ without rent. Philadelphia is 23.87% less expensive than New York (without rent).

Is it expensive to live in Philly?

Payscale.com estimates that Philadelphia’s cost of living is 17% higher than the national average. Still, this can vary greatly depending on how much you spend on things like housing and transportation.

What salary do I need to live in Philadelphia?

If you follow the 50-30-20 budgeting rule to the T, listen closely: You need to earn just under $60,000 a year to live comfortably in Philadelphia. That’s according to a new analysis by Go Banking Rate, which found that you need to make exactly $59,384 to be able to live in Philadelphia.

Is living in Philadelphia Affordable?

As you might expect for a major metropolitan area, Philadelphia’s cost of living is higher than the national average – but by and large, it’s incredibly affordable when compared to other major cities. By comparison to many similar-sized cities, in fact, Philly is one of the more affordable options.

What is the cost of living in Philadelphia 2022?

Comparison Highlights

What is middle class in Philadelphia?

Middle-class family income for Philadelphia, defined as 67 percent to 200 percent of regional median family income, was $51,974 to $155,147 in 2010. On the 2007-2011 map, because of the limitations of the data, families were considered middle class if their incomes were in the $50,000 to $149,999 range.

What is the safest place to live in Philadelphia?

The Safest Residential Areas in Philadelphia

• Chestnut Hill. In Philadelphia, Chestnut Hill tops the list of areas that have low levels of violent crime and theft of personal goods.
• Fishtown.
• Old City.
• Center City.
• Fairmount-Spring Garden.
• Northern Liberties.
• Bella Vista.
• Somerton.

Is it cheaper to live in NY or PA?

New York is 12.3% more expensive than Pennsylvania.

What is the best area to live in Philadelphia?

26 Best Neighborhoods in Philadelphia, PA 2022

1. Old City. Population: 16,247.
2. University City. Population: 21,228.
3. Chestnut Hill. Population: 12,304.
4. Bella Vista. Population: 10,177.
5. Center City. Population: 7,835.
6. Queen Village. Population: 9,143.
7. Society Hill. Population: 8,376.
8. Fairmount. Population: 13,858.

What should I know before moving to Philadelphia?

11 Things to Know before moving to Philadelphia

• Philadelphia is a city of neighborhoods.
• Philly gets about 20 inches of snow each winter.
• Getting around is easier than New York or DC.
• Philly speak is easy with this primer.
• You can eat a lot more than cheesesteak.
• History haunts some Philadelphia museums.

Why is Philly so dirty?

Philly’s evolving up-and-coming neighborhoods blur sectional boundaries, contributing to where the litter is concentrated. “Many of the problems stem from the fact that nice areas and not-so-nice areas are all right on top of each other.

Is Philadelphia safe to live?

Is it Safe to Live in Philadelphia? Philadelphia’s rate of crime is similar to many other metro areas. According to CrimeGrade.org, the city’s overall crime grade is a C+. In the more dangerous areas of Philadelphia, the chance of experiencing a crime is about 1 in 76.

Is Philadelphia Safe?

Philadelphia consistently ranks above the national average in terms of crime, especially violent offenses. It has the highest violent crime rate of the ten American cities with a population greater than 1 million residents as well as the highest poverty rate among these cities.

Where is the most expensive place to live in the US?

• New York City, New York. New York City leads the pack as the most expensive city in the United States.
• San Francisco, California.
• Honolulu, Hawaii.
• Boston, Massachusetts.
• Washington, D.C.
• Oakland, California.
• San Jose, California.
• San Diego, California.

Is it cheaper to live in Philadelphia or New Jersey?

The cost of living in Jersey City, NJ is 58.8% higher than in Philadelphia, PA. You would have to earn a salary of $95,257 to maintain your current standard of living. Employers in Jersey City, NJ typically pay 12.3% more than employeers in Philadelphia, PA.

How much is an electric bill in Philadelphia?

In Philadelphia, PA, the average monthly electricity bill for residential consumers is $181/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,141 kWh * 16 ¢/kWh.

What is low income Philadelphia?

Low income means you make 50% of Philly’s median income or less. For a family of two, your household income needs to be $37,800 or less. For a family of four, your household income needs to be $47,250 or less.

What is considered wealthy in Philadelphia?

You know you’ve made it in Philadelphia when…
You have $1.7 million. That’s the average amount Philadelphians said you’d need to be considered “wealthy” in this city. Nationwide, respondents put the average threshold for wealth closer to $2.5 million.

What is considered upper class in Philadelphia?

That group of upper class households had a median income of $187,872.

What should I avoid in Philadelphia?

8 Things Tourists Should Never Do in Philadelphia – Ever

• Pump their fists next to the Rocky statue.
• Ask if you should go to Pat’s or Geno’s.
• Eat at City Tavern.
• Visit the Betsy Ross House.
• Wander too far north or too far south.
• Order food without knowing exactly what you want.
• Walk slowly.
• Go to South Street at night.

Where should I not live in Philadelphia?

Philadelphia has a lot of good, family-friendly neighborhoods but when it comes to crime, Philadelphia ranks significantly high on the scale.
Other places to avoid in Philadelphia, PA

• Brewerytown.
• Germantown.
• Poplar-Ludlow-Yorktowne.
• Gray’s Ferry.
• Hartranft.
• Belmont.
• Logan-fern Rock.
• Riverfront.