Cost of Living: Phoenix, AZ vs Philadelphia, PA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Phoenix Philadelphia
Housing Index 115.0 120.0
Median Home Price $358,200 $285,000
Average Rent (2 BR Apartment) $1800 $2100
Average Rent (2 BR House) $1840 $2150

Housing Comparison: Phoenix vs Philadelphia

  • In Phoenix, the median home price is higher at $358,200, while in Philadelphia it is $285,000.
  • In Philadelphia, the rental for a two-bedroom apartment stands at $2,100, while it is $1,800 in Phoenix.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Phoenix Philadelphia
Electricity Price $15.14 $17.68
Natural Gas Price $23.51 $17.61
Other Utilities $250 $250

Utilities Comparison: Phoenix vs Philadelphia

  • Philadelphia has higher electricity costs at $17.68 per kWh, versus $15.14 in Phoenix.
  • Natural gas is more expensive in Phoenix at $23.51 per unit, while it is cheaper at $17.61 in Philadelphia.
  • Utility expenses are equal in both Phoenix and Philadelphia averaging $250.