Rent vs Buy in Philadelphia, PA

Philadelphia, PA Assumptions

Home Purchase
Ongoing Costs
Rental
Growth
Tax
Projection

Buy Net Worth

Rent Net Worth

Break-Even

Verdict

Net Worth Over Time — Philadelphia, PA

Year-by-Year Comparison

Year-by-year rent vs buy comparison for Philadelphia, PA
Year Buy
Net Worth
Rent
Net Worth
Difference Monthly
Buy Cost
Monthly
Rent

Cities & Towns in Philadelphia, PA

This calculator's defaults reflect the broader Philadelphia, PA metropolitan area, including:

  • Philadelphia
  • Camden (NJ)
  • Cherry Hill (NJ)
  • King of Prussia
  • West Chester
  • Doylestown
  • Norristown
  • Levittown
  • Bensalem
  • Upper Darby
  • Wilmington (DE)

Region: Northeast. Housing cost-of-living index: 128 (national avg = 100). Composite cost-of-living: 112.

About this Philadelphia, PA estimate

The default home price and rent come from the Philadelphia, PA metropolitan area's housing cost-of-living index applied to national 2025 medians ($420,000 home, $1,850/mo rent for a typical 2-3 BR). The property tax rate is the average effective rate for Pennsylvania per the Tax Foundation. These are starting points — adjust to match your specific listing, neighborhood, and tax bill.