Cost of Living: Valparaiso, IN vs Philadelphia, PA
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Valparaiso, IN versus $4,337/mo in Philadelphia, PA. In the model, rent is about 16.65% of gross in Valparaiso, IN versus 19.29% in Philadelphia, PA, so Valparaiso, IN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Valparaiso, IN and Philadelphia, PA.
At a glance
- Cheaper overall (lower cost-of-living index): Philadelphia, PA
- Lower rent (median 1BR/2BR): Valparaiso, IN
- Lower home prices: Philadelphia, PA
- Higher median household income: Valparaiso, IN
Cost of Living Index
Valparaiso, IN: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)
Philadelphia, PA has a lower cost-of-living index than Valparaiso, IN, so a given salary generally stretches further there.
Median Rent
Valparaiso, IN: $1,085/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo
Median rent in Philadelphia, PA is $172/mo higher than in Valparaiso, IN.
Median Home Price
Valparaiso, IN: $250,500 · Philadelphia, PA: $232,400
Median home price in Valparaiso, IN is $18,100 higher than in Philadelphia, PA.
Median Household Income
Valparaiso, IN: $67,664 · Philadelphia, PA: $60,698
Valparaiso, IN has a higher median household income than Philadelphia, PA by $6,966.
Valparaiso, IN overview · Philadelphia, PA overview · Popular comparisons