Cost of Living: Waltham, MA vs Philadelphia, PA

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Waltham, MA versus $4,337/mo in Philadelphia, PA. In the model, rent is about 32.52% of gross in Waltham, MA versus 19.29% in Philadelphia, PA, so Philadelphia, PA tends to feel more affordable for rent.

Take-home in Waltham, MA
$4,224/mo
Income level: below
Take-home in Philadelphia, PA
$4,337/mo
Income level: above
Rent share (1BR) in Waltham, MA
32.52%
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 Waltham, MA 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: Waltham, MA

Cost of Living Index

Waltham, MA: 100 (U.S. = 100) · Philadelphia, PA: 95.2 (U.S. = 100)

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

Median Rent

Waltham, MA: $2,121/mo (midpoint of 1BR/2BR) · Philadelphia, PA: $1,257/mo

Median rent in Waltham, MA is $864/mo higher than in Philadelphia, PA.

Median Home Price

Waltham, MA: $705,700 · Philadelphia, PA: $232,400

Median home price in Waltham, MA is $473,300 higher than in Philadelphia, PA.

Median Household Income

Waltham, MA: $116,560 · Philadelphia, PA: $60,698

Waltham, MA has a higher median household income than Philadelphia, PA by $55,862.

Waltham, MA overview · Philadelphia, PA overview · Popular comparisons