New York, NY vs Philadelphia, PA
Cost of Living Comparison
Equivalent Salary
$100,000 in New York, NY = $92,064 in Philadelphia, PA
Buying power is -7.9% lower in Philadelphia, PA
Median Rent
$1,779 vs $1,323
-25.6% lower in Philadelphia, PA
Median Income
$79,713 vs $60,698
-23.9% lower in Philadelphia, PA
Home Value
$751,700 vs $232,400
-69.1% lower in Philadelphia, PA
Price Level
112.5 vs 103.5
US avg = 100
Salary Needed for Median Rent
$71,200 vs $52,900
30% of gross income guideline
Rent as % of Income
26.8% vs 26.2%
Lower is more affordable