Philadelphia is 9% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Philadelphia to live the same way.
🏠 Rent per month
$2,806
$1,814
🛏️ 2-bedroom rent
$2,016
$1,623
💵 Families earn per year
$86,801
$66,816
🔑 Buying a house
$777,600
$243,100
📊 Overall prices (U.S. = 100)
112.6
102.6
🏛️ Property tax per year
$6,547
$2,003
⚡ Electric bill per month
$132
$112
👥 People living there
8,483,844
1,579,706
Commute to work
40.3 min
31.7 min
College degree
41.6%
35.4%
Own their home
32.8%
51.8%
Below poverty line
17.9%
21.4%
Unemployment
8%
8.1%
Bottom line
- Pick New York for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Philadelphia for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | New York | Philadelphia | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $78,050 | -27% in Philadelphia |
| Server (Waiter/Waitress) | $47,610 | $36,570 | -23% in Philadelphia |
| Operations Manager | $157,000 | $121,630 | -23% in Philadelphia |
| Market Research Analyst | $100,520 | $79,420 | -21% in Philadelphia |
| Software Developer | $166,830 | $133,040 | -20% in Philadelphia |
| Physician Assistant | $167,650 | $135,640 | -19% in Philadelphia |
| Elementary School Teacher | $96,900 | $78,570 | -19% in Philadelphia |
| Accountant | $105,650 | $85,990 | -19% in Philadelphia |
Frequently asked questions
Is New York or Philadelphia cheaper to live in?
Philadelphia is about 9% cheaper overall. Rent is $1,814 a month there versus $2,806 in New York.
What salary do I need in Philadelphia to match $60,000 in New York?
About $54,665 a year gives the same standard of living in Philadelphia.
Where do people earn more, New York or Philadelphia?
The typical household earns $86,801 in New York and $66,816 in Philadelphia, 30% more in New York.