New York to Philadelphia is a short move — 95 miles — but a significant financial one. Philadelphia median home prices are substantially below New York's, and Pennsylvania's 3.07% flat income tax is far lower than New York's 10.9% state rate (plus NYC's city tax). Many NYC transplants treat Philadelphia as a city with real urban culture and walkability but without Manhattan's cost of entry. Philadelphia has Amtrak service to NYC in roughly 75 minutes, making it viable for hybrid workers.
Home Price Comparison
$794,224
New York, NY median home price
$308,843
Philadelphia, PA median home price
52 days
Avg. days on market, Philadelphia
Source: RentCast / MLS median sale prices · 2026-08-27
The median home price in Philadelphia, PA is $308,843 — roughly $485k less than New York's median of $794,224.
State Income Tax: NY vs PA
10.9%
New York (NY) income tax
3.07%
Philadelphia (PA) income tax
Source: Tax Foundation 2024 state income tax rates
New York state income tax (NYC residents add up to 3.876% city tax). Pennsylvania flat state income tax.
Neighborhoods in Philadelphia, PA
These Philadelphia neighborhoods have real data in NeighborSeek — median home prices, school ratings, and crime grades. School ratings shown only where data is available; N/A means no current rating on file.
Source: RentCast/MLS median sale prices. School ratings: Niche.com where available.
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Frequently Asked Questions
How much cheaper is Philadelphia than New York?
Philadelphia median home prices are roughly $300k–$350k across the city, compared to $800k+ for greater New York. Even compared to outer NYC boroughs, Philadelphia is significantly more affordable. Pennsylvania income tax (3.07% flat) is far lower than combined New York state + city tax for NYC residents.
Can you commute from Philadelphia to New York?
Yes, though it's a long commute. Amtrak Acela connects Philadelphia 30th Street Station to Penn Station in about 75 minutes. SEPTA regional rail connects to NJ Transit for a slower multi-leg commute. Most people doing this commute go in 2–3 days per week rather than daily.
What are the best Philadelphia neighborhoods for NYC transplants?
Rittenhouse Square and Fitler Square are the most popular for New Yorkers seeking walkability and density. Fairmount and Spring Garden offer slightly lower prices with the same walkable feel. Graduate Hospital and Point Breeze are up-and-coming. South Philly has seen significant gentrification. Fishtown and Northern Liberties attract younger, arts-oriented transplants.
What are the downsides of moving from New York to Philadelphia?
Philadelphia's job market is narrower than New York's — particularly in finance, media, and tech. The school district has long-standing challenges; many families with children opt for private schools or suburban districts. Some neighborhoods have significant crime; the variation between neighborhoods is high and worth researching specifically before choosing.