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Regional Data > Quality of Life

Greater Philadelphia has a Low Cost of Living, High Quality


The cost of living in Greater Philadelphia is lower than in most other major U.S. metro areas.  When compared with major U.S. metropolitan areas, Greater Philadelphia’s “real” place-adjusted personal income ranks just behind Washington D.C.’s.

Greater Philadelphia has the lowest median home price of the top U.S. metro areas and residents can choose urban living, small towns, open country or anything in between. Our partners greaterphillylife.com, can assist in finding the perfect place to live in the area. The Greater Philadelphia Chamber of Commerce offers a comprehensive Relocation Package that includes helpful information about neighborhoods, housing and more.

Greater Philadelphia offers:

  • a region is that is walk-able. More individuals in the Philadelphia workforce walk or bike to work than in Chicago or Washington, D.C.
  • one of the nation's largest landscaped city parks.
  • famous chefs and internationally-renowned restaurants.
  • rich cultural experiences including world-class museums, important historical sites, multi-cultural festivals, diverse music and performing arts.
  • some of the finest health care options in the world.
  • excellent educational opportunities in strong public school systems, award-winning private schools, and some of the finest colleges and universities in the nation.
  • eight professional sports teams playing in state-of-the-art stadiums.
  • 193 golf courses.
  • easy access to the mountains and seashore.
  • four seasons where the climate seasonal average high/low temperatures of 86/25, with 92 sunny days a year and an average rainfall of 41 inches.

What's being said about Greater Philadelphia:

  • About Inc. rated Philadelphia as one of the top walking cities in the U.S.
  • Bicycling Magazine rated Philadelphia as a runner-up as best cycling city in the U.S.
  • Forbes Magazine ranked downtown Philadelphia as one of the top places for singles
  • Money Magazine named Moorestown, NJ as "best place to live" in 2005
  • Downtown Philadelphia ranked number six by Sperlings Best Places, Best Cities for Seniors

Sources: U.S. Dept. of Commerce, Bureau of Economic Analysis, 2005.  Sperling and Sander, 2004.  Cities Ranked and Rated.  "Cost of Living Index."  National Climate Data Center, 2004

 



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