Philadelphia, PA cost of living
PA · BLS RPP 109.2
Overall RPP
109.2
US = 100
Housing RPP
121.8
Housing component
Goods RPP
103.4
Goods component
2-BR Rent (HUD)
$1,680/mo
FY2024 FMR
What salary do you need in Philadelphia, PA?
Equivalent salary to maintain the same purchasing power as in a US-average city (RPP 100).
| In US-average city | You need in Philadelphia, PA | Formula |
|---|---|---|
| $50,000 | $54,600 | $50,000 x (109.2/100) |
| $75,000 | $81,900 | $75,000 x (109.2/100) |
| $100,000 | $109,200 | $100,000 x (109.2/100) |
| $125,000 | $136,500 | $125,000 x (109.2/100) |
| $150,000 | $163,800 | $150,000 x (109.2/100) |
| $200,000 | $218,400 | $200,000 x (109.2/100) |
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
State income tax note
Pennsylvania flat income tax 3.07%. Philadelphia city wage tax 3.75% residents.
Frequently asked questions
- What is the cost of living in Philadelphia, PA?
- Philadelphia, PA has a BLS Regional Price Parity of 109.2 (US average = 100). It is 9.2% more expensive than the national average.
- What salary do I need to live in Philadelphia, PA?
- If you earn $100,000 in a US-average city (RPP 100), you would need approximately $109,200 in Philadelphia, PA to maintain the same purchasing power.
- What is the average rent in Philadelphia, PA?
- The HUD Fair Market Rent for a 2-bedroom in Philadelphia, PA is approximately $1,680 per month as of FY2024.
Compare with other cities
Buying a home in Philadelphia, PA? See closing costs at TallyClose.