Cost of Living Analytics

Cost of Living / Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area

Cost of Living in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area has a population of 6,232,894. Median household income is $85,555 and median rent is $1,347 per month. Rent is roughly 18.9% of median monthly income.

State: AREAPopulation: 6,232,894Income: $85,555Rent: $1,347Affordability: Affordable (18.9%)
Median Household Income
$85,555
Annual (ACS median)
Median Rent
$1,347
Monthly (ACS median gross rent)
Rent as % of Income
18.9%
rent ÷ (income/12)
Cost Index
114
Simplified relative index

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area expensive?

Based on median rent and income, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area has a Affordable rent burden. Median rent is $1,347, which is about 18.9% of median monthly household income.

Average rent in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area

Median rent (ACS) is $1,347 per month. (Neighborhoods vary widely.)

How much income do you need in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area?

Median household income (ACS) is $85,555 per year. Housing costs take a bigger share of income when rent burden is high.

Other metros in AREA

Compare Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Metro Area with nearby metros:

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.