Philadelphia

Philadelphia, Pennsylvania is a major metro with a population of approximately 1,550,542. The overall cost of living index sits at 98, which is near the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 2% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Philadelphia. Median rent is $1,734 per month, while the median home price is $229,411. At a median household income of $60,698, rent consumes roughly 34% of gross income, which represents a moderate housing cost burden. The housing sub-index of 96 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Philadelphia with a sub-index of 101, while utilities is comparatively more affordable at 90. State and local taxes also shape the true cost of living: Pennsylvania applies a 307.0% income tax rate, and property tax averages 136.00% of assessed home value. The combined sales tax rate is 634.00%.

Over the past twelve months, the cost of living in Philadelphia has remained relatively stable. Among the 3 tracked cities in Pennsylvania, Philadelphia ranks #2 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Philadelphia actually costs.