Yes, Philadelphia is about 40% cheaper compared to New York City.
Is it cheaper to live in Philadelphia or New York?
You would need around 5,799.73$ in Philadelphia, PA to maintain the same standard of life that you can have with 9,100.00$ in New York, NY (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living. This assumes net earnings (after income tax).
How expensive is Philadelphia compared to New York?
New York City vs Philadelphia – Cost of Living Comparison
| New York City | Philadelphia | |
|---|---|---|
| ? Cost of living one person | $3563 | $2361 |
| ???? Cost of living Family | $7275 | $5659 |
| ? One person rent | $2283 | $1382 |
| ?️ Family rent | $3047 | $2582 |
Is Philly an affordable city?
Trendy AND affordable? Philadelphia is one of those cities.
Why is Philadelphia better than NYC?
There are several advantages to living in Philadelphia, including access to public transit, a walkable downtown, and a great cultural scene. The city of Philadelphia has also become a popular choice for people who want to live in a big city without the high cost of living of places like NYC and Washington, DC.
Is Philadelphia an expensive city?
Philadelphia’s housing expenses are 11% higher than the national average and the utility prices are 10% higher than the national average. Transportation expenses like bus fares and gas prices are 13% higher than the national average. Philadelphia has grocery prices that are 17% higher than the national average.
Are New Yorkers moving to Philly?
New Yorkers keep moving to Philadelphia, and local Realtors say the influx has ‘raised the bar’ New York City hemorrhaged residents during the pandemic — and many of them have relocated to Philadelphia.
Is moving to Philly worth it?
It’s a top-tier U.S. city known for its range of cultural, historical and recreational attractions – especially among East coast cities. Living in Philadelphia means having access to all the conveniences of a metropolitan city including public transportation, and all the charm of a small town.
Is moving to Philly a good idea?
Owing to many of the advantage listed above, Philadelphia is a great place to raise a family. As mentioned, the city offers a wide range of cultural and educational opportunities. There’s also an abundance of green space, and walkable, friendly neighborhoods where kids have an opportunity to get to know each other.
Is NYC or Philly safer?
The crime rate for violent crimes in Philadelphia is 9.82 per 1,000 residents. The crime rate for violent crimes in New York is 5.80 per 1,000 residents. This indicates that you’re more likely to be a victim of a violent crime in Philadelphia than you are in New York City.
Is it cheaper to live in NY or PA?
New York is 12.3% more expensive than Pennsylvania.
Is it cheaper to live in PA and work in NY?
The cost of living in Pittsburgh, PA is -47.6% lower than in New York, NY.
What salary do you need to live in Philly?
What is a good salary in Philadelphia? The recommended salary in Philadelphia is $3,696 per month or $44,355 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $1,110.
What is a good salary in Philadelphia?
Most salaries in Philadelphia range between $52,620 (25th percentile) to $86,288 (75th percentile) annually. Of course, salaries will vary depending on your occupation, experience, and many other factors.
What is Philadelphia minimum wage?
$7.25
Employees will earn at least a minimum wage of $7.25, according to the Pennsylvania Minimum Wage Act. If a person earns at least $135 in tips a month, an employer may lower their hourly wage to $2.83, as long the addition of tips brings the hourly total up to at least $7.25.
Is Philly like Brooklyn?
Philly has a dense grouping of tall buildings at the city center but generally has the feel of one of NYC’s boroughs (Brooklyn perhaps). Due to the lower density, Philly is a greener, brighter (more daylight reaches the street) city than NYC.
Why is Philly so popular?
Philadelphia, or known affectionately as Philly by the locals, is the largest and most popular city in the state of Pennslyvania. It is most well known for its rich American history; it is the site of many iconic American historic moments.
What is the biggest problem in Philadelphia?
In a 2022 poll by The Pew Charitable Trusts, 70% of residents cited the combination of crime, drugs, and public safety as the biggest issue facing the city. At the center of this challenge is gun violence, which rose throughout the country in 2021, with Philadelphia alone reporting 2,326 shootings that year.
Is Philadelphia rich or poor?
Yes, but: Philly’s poverty rate, at 23.1%, is double the U.S average. Meanwhile, Philly’s median income, $49,127, is only about three-quarters of the national average.
Is Philadelphia a stressful city?
Philadelphia ranked at number 5 out of 182 cities, making it one of the most stressed in the country. Although Philadelphia’s family stress ranked high at a score of 46 and health and safety stress ranked at 39, financial and work stress in the city ranked tremendously low.
Is it affordable to live in Philly?
Payscale.com estimates that Philadelphia’s cost of living is 17% higher than the national average. Still, this can vary greatly depending on how much you spend on things like housing and transportation.