Moving from New York to Philadelphia will save you approximately $503,952 on median home prices (55.0% less). Monthly rent is $2,100 cheaper in Philadelphia. Note that median income is 8.3% lower in Philadelphia.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Philadelphia.
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Philadelphia is 55.0% cheaper for housing than New York. The median home price in Philadelphia is $411,714 compared to $915,666 in New York, a savings of $503,952.
Monthly rent in Philadelphia averages $1,715, while New York averages $3,815. That's a savings of $2,100 per month, or $25,198 annually.
The median household income in Philadelphia is $73,501, which is 8.3% lower than New York's median of $80,175.
New York has a violent crime rate of 308 per 100k residents, while Philadelphia has 282 per 100k. Philadelphia is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.