Cost of Living in Philadelphia
Median income in Philadelphia is $47,000/year ($3,917/month). Here is how to budget every dollar.
Average Rent in Philadelphia
$1,200
Studio
$1,500
1 Bedroom
$1,800
2 Bedrooms
Monthly Budget Breakdown: $3,917/month
How to allocate the median Philadelphia income of $47,000/year after taxes.
Housing
$1,500
Food & Groceries
$390
Transportation
$200
Utilities
$175
Healthcare
$195
Entertainment
$235
Personal & Other
$195
Savings
$1,027
Total
$3,917
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Affordable Neighborhoods in Philadelphia
Fishtown and Kensington are popular with young professionals at moderate rents
West Philly near University City has affordable rentals and great transit access
South Philly's Italian Market area offers character and affordable housing
Money-Saving Tips for Philadelphia
SEPTA monthly TransPass ($104) covers all buses, trolleys, and subway lines
Take advantage of Philly's BYOB restaurant culture — bring your own wine and save
Shop at Reading Terminal Market late in the day for discounted fresh produce
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