Cost of Living in Philadelphia County, Pennsylvania

$1,323/mo
Median Monthly Rent
$232,400
Median Home Value

At a Glance

Median Monthly Rent
$1,323/mo
38% above state average
Median Home Value
$232,400
18% below national
Rent-to-Income Ratio
31.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Philadelphia County Compares

Median monthly rent comparison

Philadelphia County$1,323/mo
Pennsylvania Average$960/mo
National Median$1,163/mo

Detailed Housing Stats

$1,323/mo
Median Gross Rent
$232,400
Median Home Value
$1,100/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Philadelphia County ranks #3,084 of 3,144 counties for affordability (bottom 2%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Philadelphia County, Pennsylvania

Philadelphia's Affordability Crisis is Real

Renters in Philadelphia County spend 26.2% of income on housing—far above the national comfort zone and nearly 10 points higher than Pennsylvania's average of 16.5%. With a median household income of $60,698, well below the national median of $74,755, renters here face a severe affordability squeeze.

Least Affordable County in Pennsylvania

Philadelphia ranks as Pennsylvania's least affordable county for renters, with a 26.2% rent-to-income ratio that dwarfs every other county in the state. The city's $1,323 median rent reflects urban demand and limited supply, pricing out lower- and middle-income households.

Dramatically Pricier Than Rural Counties

Philadelphia's $1,323 rent towers over nearby rural counties like Northumberland ($777) and Potter ($767), making it 70% more expensive for tenants. Even compared to affluent Pike County ($1,383), Philadelphia rents strain lower-income households because Pierce County residents earn significantly more.

Housing Dominates Philadelphia Budgets

At $60,698 median household income, Philadelphia renters allocate $1,323 monthly to gross rent—consuming 26.2% of paychecks and leaving little for other expenses. Homeowners pay $1,100 monthly, but the median home value of $232,400 requires substantial down payments that many residents cannot afford.

Philadelphia: Vibrant City, High Cost

If you're considering Philadelphia, factor in the reality: housing costs here consume far more income than rural Pennsylvania alternatives like Northumberland or Potter. The urban amenities are real, but so is the affordability challenge—plan accordingly or explore surrounding counties for relief.

Cost of Living Advisory: Philadelphia County

Affordability Verdict

Philadelphia County offers moderately affordable rental housing at a median of $1,323/month — about 26.2% of the typical household income here.

Rent vs. Own

The median rent in Philadelphia County is $1,323/month, while owner costs run $1,100/month. Owning saves approximately $223/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $52,920/year. For owner costs at the 28% rule, the required income is roughly $47,143/year. With a median household income of $60,698, most households can comfortably afford rent here. Notably, 31.0% of renter households in Philadelphia County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Pike County where rent averages $1,383/month, Philadelphia County is approximately 4% less expensive.

Affordability Calculator

See how your income compares to housing costs in Philadelphia County

$

Rent Burden

26.2%

of gross income

Max Housing (28% Rule)

$1,416

per month

Owner Cost Burden

21.7%

of gross income

The median home in Philadelphia County may be a stretch

Median home value is $232,400. Estimated monthly cost: $1,855 vs. your max of $1,416.

Rent Affordability Guide

Your rent-to-income ratio26.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,698Needed: $52,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,698Needed: $47,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,698Needed: $54,086

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Philadelphia County, Pennsylvania?
Philadelphia County, Pennsylvania has a median monthly rent of $1,323/mo and a median home value of $232,400. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Philadelphia County?
The median gross rent in Philadelphia County is $1,323/mo. This is 38% above state average for Pennsylvania.
Is Philadelphia County affordable?
Philadelphia County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Philadelphia County's rent compare to the state average?
Philadelphia County's median rent of $1,323/mo is 38% above state average of $960/mo for Pennsylvania.
What is the median home value in Philadelphia County?
The median home value in Philadelphia County, Pennsylvania is $232,400. This is 18% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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