Much like nearby areas, it is significantly less expensive compared to the entire nation. However it is a lot more expensive compared to the city of Syracuse.
Home prices
The median home in Philadelphia costs $128,600. It is approximately $1,480 (1%) lower compared to the surrounding areas.It is about $88,900 (40%) lower in comparison to the US as a whole, and in comparison to the city of Syracuse it is roughly $34,200 (36%) higher.
Rents
The median monthly rent in Philadelphia is $679. It is approximately $354 (34%) lower compared to nearby areas.It is about $383 (36%) lower in comparison to the United States as a whole, and is about $135 (16%) lower compared to the city of Syracuse.
Nearby places
Antwerp
Antwerp is approximately 5 miles northeast from Philadelphia. The housing prices there are a bit less expensive. The median home in Antwerp is valued at $113,800, which works out to $14,800 (13%) lower than Philadelphia. Rent there is fairly similar. Antwerp's median rent is $694 per month, which comes out to $15 (2%) higher than Philadelphia.
Theresa
Theresa is roughly 5 miles northwest of Philadelphia. Real estate prices there are somewhat less expensive. The median home in Theresa is valued at $114,800, which works out to $13,800 (12%) lower than Philadelphia. Its rents are a bit more expensive. The median monthly rent in Theresa is $953, which works out to $274 (28%) higher than Philadelphia.
Evans Mills
Evans Mills is about 5 miles southwest of Philadelphia. The housing prices there are a little more expensive. Evans Mills's median home price is $166,300, which is $37,700 (22%) higher than Philadelphia. Rents there are pretty similar. The median monthly rent in Evans Mills is $708, which works out to $29 (4%) higher than Philadelphia.
Deferiet
Deferiet is approximately 7 miles south of Philadelphia. Its real estate prices are pretty similar. The median home in Deferiet is valued at $127,100, which works out to $1,500 (1%) lower than Philadelphia. Rents there are a lot more expensive. The median rent in Deferiet is $1,042 a month, which works out to $363 (34%) higher than Philadelphia.
Great Bend
Great Bend is approximately 8 miles south of Philadelphia. Housing prices there are pretty similar. The median home in Great Bend is valued at $128,400, which is very similar to Philadelphia. Rents there are significantly more expensive. The median monthly rent in Great Bend is $1,770, which comes out to $1,091 (61%) higher than Philadelphia.
