When it comes to “best place to live”, obviously, there are generalizations and loads of subjectivity that generate these lists. It is reasonable, however, to look at different regions in light of job opportunities, cost of living, and “lifestyle” (again, we may be in murky territory here, I know). So now, with all disclaimers aside, let’s talk about the Philadelphia metro area and how it compares to other cities as far as the quality of life (considering cost) it offers. The Philadelphia Business Journal recently ran an article about this topic (here’s the link, but you have to be a member to have access to the site). Its findings, based on its survey, was that Philadelphia allowed for the best quality of life for the cost of living.
The article said, “Home ownership serves as a litmus test for how affordable cities seem to residents, according to the company. About 66 percent of survey respondents said they own their homes in Philadelphia, more than any other U.S. city.” (Credit: https://www.bizjournals.com/philadelphia/news/2018/05/15/philadelphia-speeds-ahead-of-n-y-san-francisco-for.html.) It also talked about the cost of eating out as appreciably less than in other cities including L.A., New York and San Francisco. Among those surveyed, there was a theme of being able to spend $50 for an evening out (not dinner, but some other kind of entertainment) vs. closer to $100 for many other areas. According to the article, Philadelphia residents also said the city offers the best in Farmer’s markets, microbrews, parks (including dog parks) and the dating scene.
Additionally, the location of Philadelphia near Washington and New York (as well as a major airline hub) made it attractive as a home base. With an impressive number of museums, a surging restaurant scene, major sports teams, theater and music performances, arguably some of the best health care in the world (and most abundant with more hospitals than anywhere else), plenty of history, interesting architecture and tons of colleges and universities (and the vibe that they contribute).
“For companies thinking about relocating or opening a satellite office, these survey results provide extremely useful data,” said Colin Walsh, co-founder and CEO of Varo Money, in an interview with the Philadelphia Business Journal. (Credit: https://www.bizjournals.com/philadelphia/news/2018/05/15/philadelphia-speeds-ahead-of-n-y-san-francisco-for.html.)
From a local employer’s perspective, this information should be very valuable in attracting candidates, particularly those who would have to relocate for a job–The cost of living and quality of life in a new city are, after the job itself, the major determinants in whether a prospective employee takes a job and I’d recommend that recruiters make sure that they share this information when trying to seal the deal!
If you are relocating to the Philadelphia/Main Line area, please go to my blog page and search for posts using the relocation tag. Contact me to discuss your Philadelphia area relocation! jen@jenniferlebow.com/610 308-5973
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