Whether you're considering relocation to Philadelphia, Pennsylvania or just curious about the cost of living in Philadelphia, Pennsylvania, the PayScale Cost of Living Calculator is the place to begin your research. When looking at the cost of living charts below, be sure to pay attention to the housing expense category. Housing costs and mortgage rates can vary by city because local banks can have different mortgage rates from their national competition. If you are serious about relocation to Philadelphia, Pennsylvania, you might want to investigate local mortgage rate options before you put your house up for sale.
Cost of Living in Philadelphia, Pennsylvania by Expense Category
The Cost of Living in Philadelphia, PennsylvaniaThe city of Philadelphia has an appeal that many cities are missing. Philadelphia prides itself on its historical attributes, such as the Liberty Bell, as well as the beautiful rivers suited for rowing competitions, the most famous being the Head of the Schuylkill. Those considering a move to this area will be interested to know that the Cost of Living in Philadelphia is about 25 percent greater than the national average cost of living. One of the main contributors to this difference in cost of living is the price of housing. The chart above shows that the cost of housing in Philadelphia is currently around 43 percent higher than the national average. To get an idea of how this compares to other cities, look at the Cost of Living in Philadelphia Compared to Baltimore, Pittsburgh and other nearby locations. For a cost of living comparison between your city and Philadelphia, use PayScale's Cost of Living Calculator to compare both salaries and living expenses.
Average Salaries in PhiladelphiaPhiladelphia is certainly a city for working people, and is a great place to start a career. Median Salaries in Philadelphia are competitive, which could make up for the higher cost of living in this city. Some of the highest paid positions on the Philadelphia salary chart include lawyers, software engineers and IT project managers. Overall, Starting Salaries in Philadelphia are close to National Averages. But after several years of experience, Philly's median salary range tends to be higher than the national income based on comparable levels of experience.
Living in PhiladelphiaAccording to PayScale's data, Philadelphia is the Most Popular City in Pennsylvania. People choose to live in Philadelphia for many reasons, including its historical character, employment opportunities, proximity to other areas, and the fact that the city lies on the Delaware River. Others move to the area to attend college. To see which universities are most popular, view the chart on Popular Schools in Philadelphia. If you're relocating to Philadelphia for a job, take a look at how the Average Commute Time in Philadelphia compares to other areas.