Cost of Living in Philadelphia, PA
Cost of Living in Philadelphia, PA | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 17% higher | 16% higher |
Utilities (Monthly) | 0% | 10% higher |
Food | 10% higher | 18% higher |
Healthcare | 5% higher | 1% higher |
Transportation | 3% higher | 13% higher |
Goods & Services | 4% higher | 6% higher |
The cost of living in Philadelphia, PA is 8% higher than the state average and 11% higher than the national average. Philadelphia, PA housing is 16% more expensive than the U.S average, while utilities are about 10% pricier. When it comes to basic necessities such as food and clothing, groceries are around 6% more in Philadelphia, PA than in the rest of the country, while clothing costs around 6% more .
Healthcare services such as doctor check-ups and dentistry cost 1% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 6% pricier in Philadelphia, PA.
Housing (Buy and Rent)
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Philadelphia is $1,812, while home prices circle around $427,942.
Utilities (Monthly)
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Philadelphia, energy bills cost around $195.03 per month.
Food
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.14 in Philadelphia, a dozen eggs go for around $1.94 and a pound of potatoes circles around $3.24.
Healthcare
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Philadelphia, an optometry check-up costs around $111.96, while a dentist appointment is priced $97.44 on average.
Transportation
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.55 in Philadelphia, while getting your tires balanced will run you about $61.02.
Goods & Services
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $32.67 here. Meanwhile, a pair of women's slacks will set you back around $35.38.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Philadelphia, you should budget around $12.08 a month. When it comes to personal services, a haircut usually goes for $20.05, while dry cleaning costs about $12.81.
Income
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Philadelphia, the median household income is $49,127.