Solo renters pay a yearly premium for living alone in a one-bedroom apartment. But the “singles tax” in Philly is less than in many other big cities and in the country as a whole, according to Zillow.
Solo Philly renters pay a ‘singles tax’ that costs them thousands. They’d pay three times more in New York. Solo renters pay a yearly premium for living alone in a one-bedroom apartment. But the “singles tax” in Philly is less than in many other big cities and in the country as a whole, according to Zillow.
This file photo shows a "For Rent" sign displayed outside a Philadelphia building in 2022. Philadelphia renters pay less of a premium for solo living than renters in many other big cities and the country as a whole, according to Zillow.That’s how much more a year the city’s solo renters pay for a one-bedroom apartment, compared with the price that two people would each pay splitting the rent, according to anPhiladelphia renters pay a smaller premium for solo living than renters in many other big cities and the country as a whole. The national “singles tax” is about $7,100.Renters who might be able to afford to live alone weigh the freedom of living without a roommate against the extra money they will have to shell out for their sanctuary. It’s unsurprising that New York has the biggest “singles tax.” Solo renters there pay $20,100 more a year for a one-bedroom. With the total rent they pay, they could rent two apartments in Philadelphia. Of the country’s 50 biggest cities, 31 have a bigger “singles tax” than Philadelphia. New York is one of seven cities in which solo renters pay more than $10,000 more a year. San Francisco has the second highest singles tax at more than $13,400. Louisville, Ky.; Kansas City, Mo.; Fresno, Calif.; San Antonio, Texas; and Baltimore are among the cities where, like Philadelphia, solo renters pay a yearly premium of $6,000 to $6,250 for living alone. Of the 50 largest cities, solo renters in Detroit pay the lowest premium per year — about $4,300 — to live alone. Buffalo, Memphis, Cincinnati, and Milwaukee round out the bottom five. Zillow used a combination of data from the Census Bureau and from its own website to look at average rents in 2023 for one-bedroom rentals.
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