Salary Needed to Live in Philadelphia as a Family
A family of four (2 adults, 2 children) needs approximately $63,621/year to live comfortably in Philadelphia, PA — including 15% savings.
Comfortable Salary
$63,621
with 15% savings
Bare Minimum
$50,367
no savings buffer
Monthly Expenses
$3,022
3% above national avg
Detailed Monthly Budget for a Family in Philadelphia
| Expense | Philadelphia | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $253 | $209 | +21% |
| 🛒 Groceries | $59 | $44 | +34% |
| ⚡ Utilities | $21 | $28 | -25% |
| 🚗 Transportation | $38 | $44 | -14% |
| 🛡️ Car Insurance | $212 | $229 | -7% |
| 🏥 Health Insurance | $62 | $58 | +7% |
| Childcare/After-school | $1,224 | $1,200 | +2% |
| Internet + Phones | $184 | $180 | +2% |
| Children Activities | $255 | $250 | +2% |
| Dining Out | $357 | $350 | +2% |
| School Supplies & Clothing | $204 | $200 | +2% |
| Healthcare Co-pays | $153 | $150 | +2% |
| Total Monthly | $3,022 | $2,942 | +3% |
How We Calculated the Salary
Monthly expenses:$3,022
Target savings (15%):$674/mo
Monthly after-tax needed:$3,696
Effective tax rate:28%
Gross annual salary needed:$63,621
Other Household Types in Philadelphia
Related Pages
FAQ
What salary does a family with kids need in Philadelphia?
A family with kids needs approximately $63,621/year ($5,302/month gross) to live comfortably in Philadelphia with a 15% savings rate.
How much is rent for a family with kids in Philadelphia?
A 3br apartment/house in Philadelphia costs approximately $253/month, which is the largest single expense at 8% of the total budget.
Is Philadelphia affordable for a family with kids?
Philadelphia is roughly average for family with kids costs, requiring a salary close to the national median.