Moving from New York to Philadelphia

Comprehensive cost of living comparison to help you make an informed decision

✓ Lower Housing CostRent: -55.0%Income: -8.3%

✓

Great news for your budget!

Moving to Philadelphia will save you $503,952 on median home prices (55.0% less).

Side-by-Side Comparison

📍

Origin

New York, NY

🏠Median Home Price$915,666

🏢Monthly Rent$3,815

💰Median Income$80,175

👥Population8,550,405

🎯

Destination

Philadelphia, PA

🏠Median Home Price

$411,714-55.0%

🏢Monthly Rent

$1,715-55.0%

💰Median Income

$73,501-8.3%

👥Population

1,567,442-81.7%

Comprehensive Data Comparison

📈

Rent History & Trends

New York

2015$2,706

2020$2,571

2025$3,815

+41% (10yr)

Philadelphia

2015$1,205

2020$1,387

2025$1,715

+42% (10yr)

🏠

Home Prices

Philadelphia

$411,714

New York

$915,666

55.0% cheaper

💰

Income & Jobs

Philadelphia Income

$73,501/yr

Avg Salary

$58,076/yr

Unemployment Rate

5.9%

👥

Demographics

Population1,567,442

Median Age34.1 yrs

Foreign Born13.1%

Household Size2.61

🛡️

Safety

Violent Crime

282 per 100k

Property Crime

1246 per 100k

Lower rates = safer areas

💳

Annual Cost of Living Breakdown

Philadelphia

🏠 Housing$8,403

🍔 Food$5,970

🚗 Transport$12,671

🏥 Healthcare$8,979

👶 Childcare$12,000

Total$47,756

New York

🏠 Housing$10,874

🍔 Food$6,205

🚗 Transport$12,385

🏥 Healthcare$11,162

👶 Childcare$12,000

Total$54,803

Key Insights

🏠

Housing

Homes are 55.0% cheaper in Philadelphia

🏢

Rent

Save $2,100/month in Philadelphia

💰

Income

Median income is 8.3% lower

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Frequently Asked Questions

Is Philadelphia more affordable than New York?

Yes, Philadelphia is 55.0% cheaper for housing compared to New York.

What is the median home price in Philadelphia?

The median home price in Philadelphia, PA is $411,714.

How much is rent in Philadelphia compared to New York?

Monthly rent in Philadelphia averages $1,715, which is -55.0% compared to New York's $3,815.

What are the income differences between New York and Philadelphia?

Philadelphia has a median household income of $73,501, while New York's median is $80,175.

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About Moving from New York to Philadelphia

Relocating from New York, NY to Philadelphia, PA is a significant decision that requires careful financial planning. This cost of living comparison shows that Philadelphia offers more affordable housing options compared to New York.

The median home price in Philadelphia is $411,714, which is $503,952 less thanNew York's median of $915,666. Monthly rent averages $1,715 in Philadelphia.

When considering income levels, Philadelphia has a median household income of $73,501, lower than New York's $80,175.