If you're contemplating a move to Philly, as it's affectionately known, you're in for an exciting adventure. This city not only boasts deep historical roots but also offers a dynamic modern lifestyle. Whether you're drawn by its history, food, or job opportunities, understanding what Philadelphia has to offer is key to making your transition smooth and enjoyable.

The Benefits of Moving to Philadelphia PA

Philadelphia stands out for its unique blend of historical significance and contemporary culture. It's a city where cobblestone streets meet bustling urban districts. The cost of living here is significantly lower compared to other major Northeast cities like New York City or Boston, making it an attractive option for many. Additionally, Philadelphia’s strategic location on the East Coast offers easy access to other major cities, providing endless opportunities for weekend getaways or business trips.

The Basics about Philadelphia

Philadelphia is not only Pennsylvania’s largest city but also the sixth-most populous U.S. city, with a diverse population of over 1.5 million people. Known as the birthplace of American democracy, it’s home to iconic landmarks like Independence Hall and the Liberty Bell. The city’s layout is easy to navigate, with a mix of historic and modern architecture, and is known for its distinct neighborhoods, each with its own character and charm.

The Cost of Living in Philadelphia

The cost of living in Philadelphia is relatively moderate compared to other major cities in the Northeast. For instance, the overall cost of living in Philadelphia is about 17% lower than in New York City, according to Numbeo's 2023 statistics. While housing costs have been on the rise, they remain more affordable than in cities like New York or Washington, D.C. In fact, housing in Philadelphia is approximately 50% cheaper than in New York City. This affordability extends to various aspects of living, including groceries, utilities, and transportation, making Philadelphia an appealing option for a diverse range of budgets.

The Job Market in Philadelphia

Philadelphia's job market is dynamic and multifaceted, offering a wide array of opportunities across several key sectors. The city stands out as a leading center for healthcare, hosting renowned institutions like the Children's Hospital of Philadelphia, one of the largest and oldest pediatric hospitals in the world, and the University of Pennsylvania's health system, a major employer in the region. Education is another pillar of Philadelphia's job market, with the University of Pennsylvania, Temple University, and Drexel University being significant contributors to local employment.

In the technology sector, Philadelphia is rapidly growing, especially in areas like biotechnology, where it's emerging as a hub for innovation and research. The startup scene is vibrant and supported by an ecosystem that encourages entrepreneurship. Comcast, the telecommunications giant, is headquartered here and is a major employer in the tech and media sectors. Additionally, the city's strategic location on the East Coast makes it attractive for businesses in logistics and manufacturing. These diverse sectors not only provide a wealth of job opportunities for new residents but also contribute to the city's economic resilience and growth.

Average Salaries in Philadelphia PA

In Philadelphia, the average salary reflects the city's diverse and growing economy. As of 2023, the average annual salary in Philadelphia is around $65,000, which is slightly above the national average of approximately $63,000. Specifically, in the booming healthcare sector, professionals can expect an average salary of about $70,000, while those in the technology sector, particularly in fields like software development and IT management, see even higher averages, ranging from $75,000 to $85,000 annually. These competitive salaries in key industries like healthcare and tech demonstrate the city's robust demand for skilled professionals and its commitment to maintaining a dynamic and prosperous job market.

What Are Schools in Philadelphia Like? 

Philadelphia is rich in educational opportunities. The School District of Philadelphia offers a variety of public schools, and there are numerous private and charter school options. For higher education, the city is renowned for its institutions like the University of Pennsylvania, Temple University, and Drexel University, making it an excellent location for families and students.

How Much are Taxes in Philadelphia?

In Pennsylvania, residents benefit from a flat state income tax rate of 3.07%, one of the lowest in the country, which is particularly advantageous for higher earners. However, living in Philadelphia adds the city wage tax, which as of 2023, stands at 3.87% for residents and 3.44% for non-residents who work in the city. This city-specific tax is an important factor to consider for those employed within Philadelphia's limits. Additionally, property taxes in Philadelphia average around 1.39% of a property's assessed market value, which is relatively moderate compared to other major cities. These tax considerations play a significant role in financial planning for potential movers and current residents alike.

What’s the Weather in Philadelphia Year-Round?

Philadelphia truly experiences the full range of four distinct seasons. Winters are chilly, with average temperatures in January hovering around 33°F (0.5°C), and the city often sees snowfall averaging about 22 inches annually. Summers, on the other hand, bring warmth and humidity, with July temperatures averaging around 78°F (25.5°C). These hot summers are ideal for exploring Philadelphia's vibrant outdoor culture. Spring and autumn are particularly pleasant, with mild temperatures averaging between 50°F to 70°F (10°C to 21°C). These seasons are characterized by moderate weather, making them perfect for enjoying the city’s numerous parks and outdoor activities. Additionally, Philadelphia experiences its fair share of rainfall, averaging around 47 inches per year, which contributes to the city's lush, green landscapes in the warmer months.

Things to Do in Philly

Philadelphia is a city bustling with activities, blending historical experiences with modern entertainment and outdoor adventures. Beyond its iconic museums like the Philadelphia Museum of Art and the Franklin Institute, the city offers an array of attractions to suit every interest. Food enthusiasts can embark on a culinary journey, starting with the iconic Philly cheesesteak and exploring diverse cuisines in the city's many restaurants and food markets. For those who enjoy the nightlife, Philadelphia boasts a lively scene with an assortment of bars, clubs, and live music venues. Nature lovers and families will find the city's parks and green spaces a delightful escape. Plus, Philadelphia's calendar is packed with festivals and events all year round, celebrating everything from food to music to culture. Here's a list of seven must-do activities:

Make Your Move to Philadelphia Seamless with Colonial Moving & Storage

Moving to Philadelphia offers an exciting opportunity to experience a city that beautifully melds historical significance with modern living. As you prepare to dive into its diverse neighborhoods, thriving job market, and rich culture, let Colonial Moving & Storage be your partner in making this transition as smooth and stress-free as possible. Our expert team is well-versed in the nuances of relocating to urban environments like Philadelphia and can provide tailored solutions for your move. Whether it's navigating through the bustling city streets, handling your belongings with the utmost care, or offering insightful advice on settling into your new Philly neighborhood, we are here to support you every step of the way. With Colonial Moving & Storage, you're not just moving your possessions; you're transporting your life with the help of professionals who understand the importance of every detail. Contact us today, and let's start on this exciting journey to Philadelphia together, ensuring your move to this historic yet vibrant city is seamless and memorable.