Cost of Living: Florence, KY vs Philadelphia, PA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Florence, KY versus $4,337/mo in Philadelphia, PA. In the model, rent is about 17.47% of gross in Florence, KY versus 19.29% in Philadelphia, PA, so Florence, KY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Florence, KY and Philadelphia, PA.
At a glance
- Cheaper overall (lower cost-of-living index): Philadelphia, PA
- Lower rent (median 1BR/2BR): Florence, KY
- Lower home prices: Florence, KY
- Higher median household income: Florence, KY
Cost of Living Index
Florence, KY: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)
Philadelphia, PA has a lower cost-of-living index than Florence, KY, so a given salary generally stretches further there.
Median Rent
Florence, KY: $1,139/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo
Median rent in Philadelphia, PA is $118/mo higher than in Florence, KY.
Median Home Price
Florence, KY: $196,200 · Philadelphia, PA: $232,400
Median home price in Philadelphia, PA is $36,200 higher than in Florence, KY.
Median Household Income
Florence, KY: $68,508 · Philadelphia, PA: $60,698
Florence, KY has a higher median household income than Philadelphia, PA by $7,810.
Florence, KY overview · Philadelphia, PA overview · Popular comparisons