Factsheet
Etymology: Ancient Greek φίλος phílos ('beloved, dear') and ἀδελφός adelphós ('brother, brotherly')
Nicknames: "Philly", "The City of Brotherly Love", others
Etymology: Ancient Greek φίλος phílos ('beloved, dear') and ἀδελφός adelphós ('brother, brotherly')
Nicknames: "Philly", "The City of Brotherly Love", others
What is life in Philly like?
How is it that Philadelphia is the only major city in the Northeast megalopolis that doesn't have a high cost of living?
Philadelphia (the city) was built quite densely over a quite large geographic area with historically high homeownership and low housing costs. Many of the row homes that are found throughout the city were built as 'workingman's houses' for the middle or lower middle class. Philadelphia was known as a "city of homes", modest, simple, small homes, but still better than the tenemants found in similar cities. The amount of single-family residential buildings in Philadelphia is far higher than its peer cities.
And then the city went from a massive industrial economy through a long century of industrial decline. Then the suburban boom/white flight and a massive hemorrhaging of white collar jobs in the latter half of the 20th century. The city of Philadelphia has not nearly recovered its share of the total number of metro jobs compared to other East coast cities. And the population has still not recovered to its peak mid-20th century population of over 2 million (the population now is a hair under 1.6 million). So you still have plenty of space to build into for new arrivals as the population inches upward - neighborhoods with vacant lots or abandoned homes so there is not the space constraints found in similar cities. Perhaps the most important reason for Philadelphia's current relative affordability though is that the city's economy hasn't exploded in recent decades like Boston, NYC and DC. Philly's resurgence started later and has been more modest.
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