Philadelphia · $55,000 – $75,000 · high cost city
Savings rate in Philadelphia on $55,000 – $75,000 — are you on track?
Earning $55,000 – $75,000 in Philadelphia? Based on BLS Consumer Expenditure Survey 2023, people at this income level in United States typically save around 12% of gross income. Enter your actual costs below to see how you compare.
Pre-set for Philadelphia · $55,000 – $75,000 — adjust to your situation
What 12% savings means in Philadelphia
Using BLS Consumer Expenditure Survey 2023, people earning $55,000 – $75,000 in United States save around 12% of gross income on average. In Philadelphia — a high cost city — housing costs typically run 7–20% of income, which puts real pressure on savings at lower income bands.
Minimum
7%
floor — not building
Expected
12%
mid-income benchmark
Strong
26%
top tier
Source: BLS Consumer Expenditure Survey 2023. Benchmarks shown for mid-income earners in United States.
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