Cost of Living / Philadelphia, PA Metro
Cost of Living in Philadelphia, PA Metro
Official metro name: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area
Philadelphia, PA Metro has a population of 6,232,894. Median household income is $85,555 and median rent is $1,347 per month. Rent is roughly 18.9% of median monthly income.
State: PAPopulation: 6,232,894Income: $85,555Rent: $1,347Affordability: Affordable (18.9%)
Median Household Income
$85,555
Annual (ACS median)
Median Rent
$1,347
Monthly (ACS median gross rent)
Rent as % of Income
18.9%
rent ÷ (income/12)
Cost Index
114
Simplified relative index
Is Philadelphia, PA Metro expensive?
Based on median rent and income, Philadelphia, PA Metro has a Affordable rent burden. Median rent is $1,347, which is about 18.9% of median monthly household income.
Average rent in Philadelphia, PA Metro
Median rent (ACS) is $1,347 per month. (Neighborhoods vary widely.)
How much income do you need in Philadelphia, PA Metro?
Median household income (ACS) is $85,555 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in PA
Compare Philadelphia, PA Metro with nearby metros:
- Philadelphia, PA Metro vs Pittsburgh, PA Metro
- Philadelphia, PA Metro vs Allentown, PA Metro
- Philadelphia, PA Metro vs Harrisburg–Carlisle, PA Metro
- Philadelphia, PA Metro vs Scranton, PA Metro
- Philadelphia, PA Metro vs Lancaster, PA Metro
- Philadelphia, PA Metro vs York–Hanover, PA Metro
- Philadelphia, PA Metro vs Reading, PA Metro
- Philadelphia, PA Metro vs Erie, PA Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.