Philadelphia, Pennsylvania has an overall cost of living index of 102.4, which is 2.4 points above the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,397 per month, while the typical home is valued around $243,100. Households earn a median of $61,953 per year, leaving rent at a manageable share of income for many residents. Air quality is moderate, with an average AQI of 54. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$61,953
Median Income / yr
Census ACS
$1,397
Median Rent / mo
Census ACS
$243,100
Median Home Value
Census ACS
102.4
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
102.4
Goods
98.2
Rents / Housing
117.8
Services
119.4
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $131,820 |
| Registered Nurse | $97,510 |
| Elementary Teacher | $73,980 |
| Electrician | $79,320 |
| Accountant | $96,390 |
| Plumber | $80,560 |
| Nurse Practitioner | $216,280 |
| Civil Engineer | $104,220 |
| Operations Manager | $138,870 |
| Market Research Analyst | $84,060 |
| Health Services Manager | $135,550 |
| Truck Driver | $61,770 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $139,310 |
Source: BLS OEWS 2023 (metro-level data)
Population
1,579,706
Latest estimate
Median Age
35.3 yrs
Census ACS
54.0
Moderate0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
49
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,331
Per month
Avg Home Value
$263,328
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 19102 | — | $2,270 | $419,000 |
| ZIP 19103 | — | $1,935 | $537,200 |
| ZIP 19104 | — | $1,225 | $253,000 |
| ZIP 19106 | — | $2,091 | $508,300 |
| ZIP 19107 | — | $1,610 | $445,500 |
| ZIP 19108 | — | — | $363,000 |
| ZIP 19109 | — | — | — |
| ZIP 19111 | — | $1,165 | $226,100 |
| ZIP 19112 | — | — | — |
| ZIP 19114 | — | $1,315 | $262,500 |
Showing top 10 of 49 tracked neighborhoods.
January Avg
34°F
July Avg
79°F
Sunny Days / Year
248
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.3
poor
Hospitals
21
Doctors per 1,000
1.00
Insurance Coverage
92.9%
Philadelphia has a Regional Price Parity (RPP) index of 102.4. The US national average is 100, so Philadelphia is 2.4 points above the national average.
The median gross rent in Philadelphia is $1,397 per month according to US Census ACS data.
The median household income in Philadelphia is $61,953 per year.
The median home value in Philadelphia is $243,100 based on the latest Census ACS survey.
Philadelphia has an average Air Quality Index (AQI) of 54.0, which is rated "Moderate" by the EPA. Lower AQI values indicate cleaner air.
Tax data for Pennsylvania is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
