Quality of Life in Philadelphia, PA on a $63,665 Salary

Summary of Cost of Living

• Cost of Living Index: Slightly above national average.
• General Expenses:
  • Groceries, utilities, and transportation costs align closely with the national average.
  • Entertainment and dining might be slightly more expensive in urban areas.

Housing Market

• Home Prices:
  • The median home price in Philadelphia is lower than many other major U.S. cities, making homeownership more accessible.
  • Renting can be a more viable option for single-income households; rents are generally moderate compared to other large cities.
• Property Taxes: Lower than the national average, alleviating some financial burden for homeowners.

Quality of Life

• Cultural Attractions:
  • Rich in historical significance with access to museums, theaters, and cultural landmarks.
  • Vibrant food scene with a variety of cuisines and local flavors.
• Green Spaces: Several parks and recreational areas, promoting an active lifestyle.

Access to Healthcare

• Quality of Healthcare:
  • Home to several renowned hospitals and healthcare facilities.
  • Accessible health services, but costs can be higher without insurance.
• Insurance Options: A range of health insurance plans available through employers and state programs.

Quality of K-12 Schools

• Public Schools:
  • Varied quality; some schools are highly ranked, while others may face challenges.
  • Availability of charter and magnet schools provides alternatives.
• Private and Parochial Schools: Numerous options available, though tuition costs can vary widely.

Overall Assessment

Living in Philadelphia, PA on a $63,665 salary offers a relatively balanced quality of life, with manageable housing costs and access to cultural and recreational activities. While the cost of living is slightly above the national average, the availability of diverse amenities and moderate home prices provides a reasonable standard of living. Access to quality healthcare is a positive aspect, though K-12 education quality can vary and might require additional investment if opting for private schooling.