Cost of Living: Park Ridge, IL vs Philadelphia, PA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Park Ridge, IL versus $4,337/mo in Philadelphia, PA. In the model, rent is about 22.01% of gross in Park Ridge, IL versus 19.29% in Philadelphia, PA, so Philadelphia, PA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Park Ridge, IL 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: Park Ridge, IL
Cost of Living Index
Park Ridge, IL: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)
Philadelphia, PA has a lower cost-of-living index than Park Ridge, IL, so a given salary generally stretches further there.
Median Rent
Park Ridge, IL: $1,436/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo
Median rent in Park Ridge, IL is $179/mo higher than in Philadelphia, PA.
Median Home Price
Park Ridge, IL: $539,300 · Philadelphia, PA: $232,400
Median home price in Park Ridge, IL is $306,900 higher than in Philadelphia, PA.
Median Household Income
Park Ridge, IL: $138,059 · Philadelphia, PA: $60,698
Park Ridge, IL has a higher median household income than Philadelphia, PA by $77,361.
Park Ridge, IL overview · Philadelphia, PA overview · Popular comparisons