Cost of Living: Philadelphia, PA vs Phoenix, AZ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Philadelphia | Phoenix |
|---|---|---|
| Housing Index | 120.0 | 115.0 |
| Median Home Price | $285,000 | $358,200 |
| Average Rent (2 BR Apartment) | $1813 | $1611 |
| Average Rent (2 BR House) | $1971 | $1751 |
Housing Comparison: Philadelphia vs Phoenix
- The median home price in Phoenix is higher at $358,200, compared to $285,000 in Philadelphia.
- Renting a two-bedroom apartment costs more in Philadelphia at $1,813 than in Phoenix at $1,611.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Philadelphia | Phoenix |
|---|---|---|
| Electricity Price | $17.68 | $15.14 |
| Natural Gas Price | $17.61 | $23.51 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Philadelphia vs Phoenix
- Electricity costs are higher in Philadelphia at $17.68 per kWh, compared to $15.14 in Phoenix.
- Phoenix experiences higher natural gas costs at $23.51 per unit, with costs at $17.61 in Philadelphia.
- Utility expenses are equal in both Philadelphia and Phoenix averaging $250.