Median Home PriceBETTER
$228,588.5
Median Rent
$1,703.54/mo
Price-to-Rent RatioBETTER
11.2
Property Tax RateTIE
1.54%
Price Change (1Y)
+2.8%
Price Change (5Y)
+14.0%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$14,873
Median Home Price
$297,755.44
Median RentBETTER
$1,279.64/mo
Price-to-Rent Ratio
19.4
Property Tax RateTIE
1.54%
Price Change (1Y)BETTER
+4.8%
Price Change (5Y)BETTER
+23.9%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$130,662
Key Differences
Home Prices
Philadelphia's median home price of $228,588.5 is lower than York's $297,755.44 by 23%.
Monthly Rent
Renting in Philadelphia costs $1,703.54/mo compared to $1,279.64/mo in York—a difference of $423.9/mo.
Buy vs Rent Verdict
Philadelphia favors either option, while York favors renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.