Moving from Philadelphia to New York

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

! Higher Housing CostRent: +122.4%Income: +9.1%
!

Budget planning required

Moving to New York will cost you $503,952 more on median home prices (122.4% more).

Side-by-Side Comparison

📍
Origin

Philadelphia, PA

🏠Median Home Price$411,714
🏢Monthly Rent$1,715
💰Median Income$73,501
👥Population1,567,442
🎯
Destination

New York, NY

🏠Median Home Price
$915,666+122.4%
🏢Monthly Rent
$3,815+122.4%
💰Median Income
$80,175+9.1%
👥Population
8,550,405+445.5%

Comprehensive Data Comparison

📈

Rent History & Trends

Philadelphia
2015$1,205
2020$1,387
2025$1,715
+42% (10yr)
New York
2015$2,706
2020$2,571
2025$3,815
+41% (10yr)
🏠

Home Prices

New York
$915,666
Philadelphia
$411,714
122.4% more expensive
💰

Income & Jobs

New York Income
$80,175/yr
Avg Salary
$65,545/yr
Unemployment Rate
5.0%
👥

Demographics

Population8,550,405
Median Age36.0 yrs
Foreign Born37.6%
Household Size2.68
🛡️

Safety

Violent Crime
308 per 100k
Property Crime
1048 per 100k
Lower rates = safer areas
💳

Annual Cost of Living Breakdown

New York
🏠 Housing$10,874
🍔 Food$6,205
🚗 Transport$12,385
🏥 Healthcare$11,162
👶 Childcare$12,000
Total$54,803
Philadelphia
🏠 Housing$8,403
🍔 Food$5,970
🚗 Transport$12,671
🏥 Healthcare$8,979
👶 Childcare$12,000
Total$47,756

Key Insights

🏠

Housing

Homes are 122.4% more expensive in New York

🏢

Rent

Spend $2,100/month moving to New York

💰

Income

Median income is 9.1% higher

Planning Your Move?

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Frequently Asked Questions

Is New York more affordable than Philadelphia?
No, New York is 122.4% more expensive for housing compared to Philadelphia.
What is the median home price in New York?
The median home price in New York, NY is $915,666.
How much is rent in New York compared to Philadelphia?
Monthly rent in New York averages $3,815, which is +122.4% compared to Philadelphia's $1,715.
What are the income differences between Philadelphia and New York?
New York has a median household income of $80,175, while Philadelphia's median is $73,501.

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About Moving from Philadelphia to New York

Relocating from Philadelphia, PA to New York, NY is a significant decision that requires careful financial planning. This cost of living comparison shows that New York has higher housing costs compared to Philadelphia.

The median home price in New York is $915,666, which is $503,952 more thanPhiladelphia's median of $411,714. Monthly rent averages $3,815 in New York.

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

Cost of Living: Philadelphia, PA vs New York, NY – Housing, Rent & Income | CityCompare