Cost of Living in Philadelphia, TN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

93.7

100 = national avg

-6.3 vs national average

Living Wage (1 Adult)

$41,239

per year

Living Wage (Family of 4)

$97,474

per year

Cost Index by Category

Housing
77.2
Food
102.4
Transportation
104.9
Healthcare
102.0
Utilities
96.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,184

per month

2 Bedroom

$1,471

per month

The overall cost of living index in Philadelphia is 93.7, which is 6.3% below the national average. Housing costs are below the national average at an index of 77.2. A single adult needs to earn approximately $41,239 per year to cover basic expenses.