Moving from New York, NY to Philadelphia, PA
If you rent
$80,000 → $73,800
You'd need about $6,200 less a year in Philadelphia for the same standard of living.
If you buy
$80,000 → $63,400
Home prices are 69% lower in Philadelphia.
| Measure | New York | Philadelphia |
|---|---|---|
| Median rent | $1,779 / mo | $1,323 / mo |
| Median home value | $751,700 | $232,400 |
| Median household income | $79,713 | $60,698 |
| Median rent as a share of your $80,000 salary | 27% | 20% |
How this is estimated
Rent in Philadelphia is 26% lower than in New York. We assume 30% of your income goes on housing and scale that share by the price difference. Taxes, groceries, transport and other costs are assumed equal, so state income tax or a long commute could move the real number. Housing figures are Census medians, not what a particular home costs.
Reverse: Philadelphia, PA to New York, NY Compare the two cities side by side About Philadelphia
Data: U.S. Census Bureau ACS