CostByCity

New York, NY vs Philadelphia, PA

Cost of Living Comparison

Philadelphia, PA is more affordable by 10.0 index points

Side-by-Side Comparison

CategoryNew York, NYPhiladelphia, PADifference
Overall112.6102.6+10.0
Housing148.6113.1+35.5
Goods110.396.8+13.4
Utilities127.0114.4+12.6
Other Services105.8103.1+2.8

Income & Housing Comparison

MetricNew York, NYPhiladelphia, PA
Median Household Income$93,610$85,555
Median Home Value$553,500$304,900
Median Monthly Rent$1,711$1,347
Per Capita Income$52,011$47,051

Frequently Asked Questions

Is New York, NY or Philadelphia, PA cheaper to live in?
Philadelphia, PA is more affordable. The cost of living difference is 10.0 index points (New York, NY: 112.6, Philadelphia, PA: 102.6).
Where is housing cheaper, New York, NY or Philadelphia, PA?
Housing is more affordable in Philadelphia, PA. Housing index: New York, NY (148.6) vs Philadelphia, PA (113.1).