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I toured 3 apartments in Philadelphia to see what I could get for the price of my Brooklyn apartment. Now I'm questioning why I live in New York.

Frank Olito   

I toured 3 apartments in Philadelphia to see what I could get for the price of my Brooklyn apartment. Now I'm questioning why I live in New York.
Apartments in Philadelphia is a lot cheaper.Frank Olito/ Insider
  • On a trip to Philadelphia, I toured three apartments in desirable parts of the city.
  • The first cost $1,213 to $1,329 per month and included a gym, a pool, and a movie theater.
  • The other two high-end apartments were around $1,000, making me question why I live in New York.

I live in a two-bedroom apartment in Brooklyn, but I've always dreamed of living in a one-bedroom or studio on my own. In New York City, that's not a reality for me.

I live in a two-bedroom apartment in Brooklyn, but I
My apartment in New York City.      Frank Olito/ Insider

Currently, my apartment is located in Sunset Park in Brooklyn, which isn't one of the trendy or desirable neighborhoods in the borough like Williamsburg, Bushwick, or Park Slope. For my half of the two-bedroom apartment, I pay $1,100 per month in rent, while my roommate pays the other half.

For the past few years, I've dreamed about living on my own in the city, but a one-bedroom apartment in New York is well out of my reach. On average, a one-bedroom apartment in New York in 2021 costs $3,061 per month, according to Apartments Guide.

I've long heard that rent in Philadelphia is lower than in New York City, so I took a look online.

I
I first checked Apartments.com.      Apartments.com

For the past few years, I've heard that many New Yorkers were leaving the city to move to Philadelphia, a city said to have a similar culture to New York City. Not to mention it's cheaper, too. On average, a one-bedroom apartment in Philadelphia in 2021 costs $2,135.

I began to wonder what my New York City rent of $1,100 per month would get me in Philly and if I could afford an apartment without a roommate.

When I started looking at places on Apartments.com and Zillow, I was shocked that I could afford to live in the center of Philadelphia for much less than the city's average cost and significantly cheaper than New York City's price tag.

With a budget that maxes out at $1,300, living on my own in a studio or one-bedroom apartment suddenly looked more like a reality.

On a whim, I took a trip down to Philadelphia to see these apartments for myself, and my first stop was Park Towne Place.

On a whim, I took a trip down to Philadelphia to see these apartments for myself, and my first stop was Park Towne Place.
Park Towne Place.      Frank Olito/ Insider

Park Towne Place is a massive apartment complex located in Fairmount, which is a stone's throw away from the Philadelphia Museum of Art (which is the site of the famous staircase seen in "Rocky"), the Schuylkill River Park, and the historic Boathouse Row.

I toured two studio apartments at Park Towne Place. One cost $1,213 per month and the other cost $1,329 per month.

I toured two studio apartments at Park Towne Place. One cost $1,213 per month and the other cost $1,329 per month.
The studio at Park Towne Place.      Frank Olito/ Insider

Each of the apartments was around 400 square feet. Although the living space wasn't huge, I was surprised to find a completely updated kitchen in both units, high-end hardwood floors, and an in-unit washer/dryer.

A one-bedroom apartment at Park Towne Place costs around $1,700, which would be out of my price range.

Park Towne Plaza also has a pool, which was the biggest draw for me.

Park Towne Plaza also has a pool, which was the biggest draw for me.
The hallway to the pool.      Frank Olito/ Insider

I've always dreamed of having a pool, but it never seemed like a reality for me. All the buildings in New York City that have pools are considered luxurious and are way out of my price range.

The amenities don't stop there. The community center has a grocery store, a private restaurant, a movie theater, a hair salon, and a gym.

The amenities don
The community center.      Frank Olito/ Insider

Essentially, the apartment was a town in itself. I was shocked to learn that free access to all of these amenities was included in the $1,213 rent.

For comparison, a studio apartment in New York City located near a major tourist attraction and with similar amenities could cost around $3,470 per month.

The second apartment I toured in Philadelphia was at the Chancellor in Washington Square West.

The second apartment I toured in Philadelphia was at the Chancellor in Washington Square West.
The Chancellor.      Frank Olito/ Insider

Washington Square West is a desirable neighborhood located in the center of Philadelphia and known for its close proximity to LGBTQ-friendly bars and clubs.

A studio apartment at the Chancellor costs $1,090 and a one-bedroom costs $1,370.

A studio apartment at the Chancellor costs $1,090 and a one-bedroom costs $1,370.
A studio at the Chancellor.      Frank Olito/ Insider

The apartments I saw at the Chancellor were between 200 and 500 square feet. Although the kitchens in these units were extremely small, the living spaces were large, the hardwood flooring was updated, and each had a walk-in closet.

At the Chancellor, I was really surprised by the view that seemed to stretch on for miles.

At the Chancellor, I was really surprised by the view that seemed to stretch on for miles.
The view from The Chancellor.      Frank Olito/ Insider

It would be extremely difficult to get a similar view in New York City in a studio apartment for anywhere near $1,000 per month.

The last apartment I saw was a 500-square-foot studio apartment for $1,135 at The Colonnade located in Fairmount.

The last apartment I saw was a 500-square-foot studio apartment for $1,135 at The Colonnade located in Fairmount.
The Colonnade.      Frank Olito/ Insider

The exterior of the building had an awning, multiple pillars, and beautiful landscaping. Where I'm from, this typically means the apartments inside are something I could never afford. I had to keep reminding myself this apartment was actually in my price range.

Once inside, the lobby was even more breathtaking.

Once inside, the lobby was even more breathtaking.
The lobby of the Colonnade      Frank Olito/ Insider

Standing in this lobby, I had a surprising realization. For the past five years, I've been somewhat brainwashed into believing amenities and beautiful buildings must cost astronomical prices. In cities outside of New York, however, you can get these high-end features — like a beautiful lobby — for a reasonable price.

The apartment itself was less updated than the others I saw, but it still had features that impressed me.

The apartment itself was less updated than the others I saw, but it still had features that impressed me.
The studio at The Colonnade.      Frank Olito/ Insider

The apartment had a walk-in closet and a washer/dryer in the bathroom — a feature that only exists in most New Yorker's wildest fantasies.

It's important to note that all rental prices are relative.

It
Rent prices are relative.      Frank Olito/ Insider

In New York City, you need a $128,552 salary to be a renter and "live comfortably," according to Go Banking Rates. In Philadelphia, you need a $92,639 salary, so the apartment prices are lower to match the lower salaries.

For me, a $1,200 studio apartment seems like a bargain, but to some people across the country, that price may seem way too high. And for some in Philadelphia, a $1,200 studio apartment with a pool and a grocery store will seem like a luxury they can never reach.

From a New Yorker's perspective, however, these prices were eye-opening.

These three apartments made me reconsider my living situation in New York City.

These three apartments made me reconsider my living situation in New York City.
Philadelphia.      Shutterstock

Most New Yorkers operate under the assumption that the high rent prices are worth it for what the city offers. For many years, I believed this to be true, too. But quickly, I'm realizing that $1,000 in New York can only get you so far. In cities like Philadelphia, I can get a lot more bang for my buck.

Essentially, I could afford a studio or one-bedroom apartment in Philadelphia's most desirable neighborhoods with high-end amenities for about the same price I pay in New York City to share a two-bedroom in a less desirable neighborhood with no amenities.

This simple fact has left me questioning if New York really is worth the higher price tag, especially since I can see myself being comfortable in Philadelphia.

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