Moving to South Philadelphia South Philadelphia was considered one of the more affordable neighborhoods for years, but it has seen a recent uptick in rent prices. The price for apartments in South Philadelphia varies greatly depending on the part you choose.
Is it expensive to live in South Philly?
Date & Last Updated. The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average.
Groceries.
| Item | Pizza |
|---|---|
| Philadelphia | $10.67 |
| National avg. | $10.62 |
| Difference | 0.4% |
Is South Philadelphia a good area to live?
South Philly neighborhoods are considered safe and good for living, but there are some differences between them when it comes to the cost of living, business opportunities, educational institutions, and other amenities.
What is the rich part of Philly?
Rittenhouse Square is often considered one of the most sought after and most affluent neighborhoods in Philadelphia, and for good reason. Real estate prices are among the highest in this enclave and Rittenhouse’s central location is perfect for easy access to restaurants, shops and Center City office buildings.
Is it expensive to live in Philly?
Payscale.com estimates that Philadelphia’s cost of living is 17% higher than the national average. Still, this can vary greatly depending on how much you spend on things like housing and transportation.
Why is Philly so cheap?
Philadelphia (the city) was built quite densely over a quite large geographic area with historically high homeownership and low housing costs. Many of the row homes that are found throughout the city were built as ‘workingman’s houses’ for the middle or lower middle class.
Is 100k a good salary in Philadelphia?
Philadelphia scores much better than its eastern U.S. rivals – Boston, New York, Washington, Atlanta and Baltimore. If you earn a $100,000 salary, then you’re well ahead of the median worker in the U.S. And if you live in Greater Philadelphia, that money goes a long way – longer than any of our eastern U.S. rivals.
Whats it like to live in South Philly?
The lifestyle in South Philadelphia is arguable some of the best in Philly. Neighborhood pockets are sprinkled with shops and cafes, outdoor dining and bars. Traditional streets lined with awning-covered rowhomes house families who have lived there for generations.
What is South Philly famous for?
Famous for its Italian heritage as well as being featured in Rocky, South Philly is also home to FDR Park and most of Philadelphia’s major professional sports teams including the Philadelphia Flyers, Sixers, Eagles, and Phillies.
What area is considered South Philly?
South Philadelphia, nicknamed South Philly, is the section of Philadelphia bounded by South Street to the north, the Delaware River to the east and south and the Schuylkill River to the west.
What is the richest city in Pennsylvania?
Fox Chapel Borough, Pennsylvania is being credited as the richest town in the Keystone State. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Fox Chapel Borough as having a median household income of $205,987 (199.8% more than the U.S. median income).
Where is the Main Line in Philadelphia?
Today, the “Main Line” is another name for the western suburbs of Philadelphia along Lancaster Avenue (U.S. Route 30) and the former main line of the Pennsylvania Railroad and extending from the city limits to, traditionally, Bryn Mawr and ultimately Paoli, an area of about 200 square miles (520 km2).
What is the most expensive zip code in Philadelphia?
19085
The Most Expensive Zip Codes in Pennsylvania – Philadelphia Main Line in the Lead
| # | Zip code | Location |
|---|---|---|
| 1 | 19085 | Villanova |
| 2 | 19035 | Gladwyne |
| 3 | 19066 | Merion Station |
| 4 | 19041 | Haverford |
Is Philly cheaper than New York?
New York is 85.0% more expensive than Philadelphia. New York housing costs are 343.9% more expensive than Philadelphia housing costs. Health related expenses are 14.4% more in New York.
Is living in Philly cheap?
As you might expect for a major metropolitan area, Philadelphia’s cost of living is higher than the national average – but by and large, it’s incredibly affordable when compared to other major cities. By comparison to many similar-sized cities, in fact, Philly is one of the more affordable options.
What is a decent salary in Philadelphia?
Average Salary in Philadelphia, PA
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $89,779 | $43 |
| 75th Percentile | $73,819 | $35 |
| Average | $61,584 | $30 |
| 25th Percentile | $49,378 | $24 |
Is Philadelphia an affordable city?
According to Realtor.com®, Philadelphia is the third trendiest and most affordable city in the country, thanks to a plethora of social activities, such as breweries, yoga studios and independent cinemas, as well as affordable homes, making it an opportunity for first-time buyers to participate in.
Is Philly a good place to live?
Moving to Philly? With affordable housing, job opportunities in the healthcare and education industries, incredible arts and culture, and highly-rated universities, The City of Brotherly Love has become a top destination for people who want to live on the East Coast.
Where is the cost of living the cheapest?
Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation. The price of a median, single-family home is $140,818.
Is it cheaper to live in Philadelphia or New Jersey?
The cost of living in Jersey City, NJ is 58.8% higher than in Philadelphia, PA. You would have to earn a salary of $95,257 to maintain your current standard of living. Employers in Jersey City, NJ typically pay 12.3% more than employeers in Philadelphia, PA.
What is considered middle class in Philadelphia?
Middle-class family income for Philadelphia, defined as 67 percent to 200 percent of regional median family income, was $51,974 to $155,147 in 2010. On the 2007-2011 map, because of the limitations of the data, families were considered middle class if their incomes were in the $50,000 to $149,999 range.
