Cost of Living: Melbourne, FL vs Philadelphia, PA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Melbourne, FL versus $4,337/mo in Philadelphia, PA. In the model, rent is about 20.55% of gross in Melbourne, FL versus 19.29% in Philadelphia, PA, so Philadelphia, PA tends to feel more affordable for rent.

Take-home in Melbourne, FL
$4,516/mo
Income level: near
Take-home in Philadelphia, PA
$4,337/mo
Income level: above
Rent share (1BR) in Melbourne, FL
20.55%
COLI tier: mid-range
Rent share (1BR) in Philadelphia, PA
19.29%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Melbourne, FL and Philadelphia, PA.

At a glance

  • Cheaper overall (lower cost-of-living index): Philadelphia, PA
  • Lower rent (median 1BR/2BR): Philadelphia, PA
  • Lower home prices: Philadelphia, PA
  • Higher median household income: Melbourne, FL

Cost of Living Index

Melbourne, FL: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)

Philadelphia, PA has a lower cost-of-living index than Melbourne, FL, so a given salary generally stretches further there.

Median Rent

Melbourne, FL: $1,341/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo

Median rent in Melbourne, FL is $84/mo higher than in Philadelphia, PA.

Median Home Price

Melbourne, FL: $272,900 · Philadelphia, PA: $232,400

Median home price in Melbourne, FL is $40,500 higher than in Philadelphia, PA.

Median Household Income

Melbourne, FL: $64,504 · Philadelphia, PA: $60,698

Melbourne, FL has a higher median household income than Philadelphia, PA by $3,806.

Melbourne, FL overview · Philadelphia, PA overview · Popular comparisons