Is Philadelphia the New Hot Spot for New Yorkers?
Briefly

The article discusses a StreetEasy report analyzing potential migration trends for New Yorkers in 2025, highlighting Philadelphia as the most searched destination for those moving out. The research was based on Zillow's page views and data tracking, indicating affordability combined with lifestyle considerations and job opportunities draws New Yorkers to Philadelphia. The stark contrast in living costs—New York City's median rent at $3,600 versus Philadelphia's $1,721—emphasizes why many seek relocation. This trend underscores a back-and-forth relationship between New York City and other metro areas like Miami, Boston, and Atlanta.
Researchers found Philadelphia has become a popular destination for New Yorkers looking to leave, driven by its affordability, lifestyle options, and job market opportunities.
The median asking rent in New York City was $3,600 compared to Philadelphia's $1,721 in January, highlighting the significant cost difference that many New Yorkers face.
Kenny Lee of Zillow noted Philadelphia had the highest search interest from New Yorkers considering moving, indicating a trend towards more affordable living without sacrificing culture.
The interplay between New York City and Philadelphia reveals a revolving door for residents where lifestyle choices and housing costs are pivotal in decision-making.
Read at www.nytimes.com
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