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Cost of living: Philadelphia, PA vs Boston, MA (2024)

Quick answer

Overall prices in the Philadelphia, PA metro were 102.6 vs 108.3 in Boston, MA in 2024 (US = 100), so Philadelphia is 5.3% less expensive than Boston; housing rents differ by 24% (113.1 vs 148.4). A $75,000 income in Philadelphia buys about what $79,177 buys in Boston, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)PhiladelphiaBostonPhiladelphia vs Boston
All items102.6108.3-5.3%
Goods96.899.7-2.8%
Housing (rents)113.1148.4-23.8%
Utilities114.4148.8-23.1%
Other services103.1103.6-0.5%
All items, 2008106.4107.7-1.2%
$50,000 in Philadelphia equals in Boston$52,785
$100,000 in Philadelphia equals in Boston$105,570
$150,000 in Philadelphia equals in Boston$158,355

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Last updated 2026-10-16. Data only, not financial or tax advice.

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