C+
Overall 6%
Goods & Services 5%
Housing 42%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexRichmondPhiladelphiaPennsylvania
Cost of living9410299
Goods & Services10510598
Groceries117117103
Health care10310394
Housing588691
Transportation115115109
Utilities108108111

Key findings

  • The cost of living in Richmond is 5% lower than the Philadelphia average
  • The cost of living in Richmond is 6% lower than the national average
  • Richmond housing is 42% lower than the national average
  • Pennsylvania general sales tax is 18% higher than the national average
  • Pennsylvania state income tax is 38% higher than the national average

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Compare Philadelphia, PA Cost of Living

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      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Household$41,396$3,450$966$1,242

      Pennsylvania Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Pennsylvania6%8%

      Pennsylvania Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Pennsylvania3.07%3.07%

      Goods & Services

      ItemPhiladelphiaNational avg.Difference
      Haircut $19.40$17.4910.9%
      Beauty Salon $61.00$38.1759.8%
      Toothpaste $2.02$2.3213.0%
      Shampoo $0.99$1.012.2%
      Movie $12.10$10.7212.8%
      Bowling $18.40$13.8632.7%

      Groceries

      ItemPhiladelphiaNational avg.Difference
      Ground Beef $3.94$3.901.0%
      Fried Chicken $1.49$1.406.8%
      Milk $2.16$1.9610.1%
      Potatoes $3.66$3.1815.0%
      Pizza $10.50$10.391.0%
      Beer $8.71$9.235.6%

      Health Care

      ItemPhiladelphiaNational avg.Difference
      Optometrist $103.33$106.342.8%
      Doctor $133.33$115.2515.7%
      Dentist $103.33$98.385.0%
      Ibuprofen $10.32$9.2611.4%
      Lipitor $389.17$466.4716.6%

      Housing

      ItemPhiladelphiaNational avg.Difference
      Home Price $147,300.00$184,700.0020.2%
      Avg. Mortgage Payment $1,429.36$1,273.3212.3%
      Apartment Rent $943.00$949.000.6%

      Transportation

      ItemPhiladelphiaNational avg.Difference
      Gasoline $2.89$2.5911.4%
      Tire Balancing $61.00$48.9024.8%

      Utilities

      ItemPhiladelphiaNational avg.Difference
      All Electricity$185.76$167.6010.8%
      Phone $189.24$163.4215.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Tavistock, NJ91099%
      Pine Valley, NJ41099%
      Arcadia University, PA6471099%
      Prospect Park CDP, PA22486-14%
      Audubon Park, NJ99391-9%
      Philadelphia, PA1,559,9381022%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Phoenix, AZ1,555,32496-4%
      San Antonio, TX1,439,35888-12%
      San Diego, CA1,374,81214949%
      Dallas, TX1,278,43399-1%
      San Jose, CA1,009,36318181%
      Philadelphia, PA1,559,9381022%
      Source: The Richmond, Philadelphia, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.