The minimum wage in Philadelphia is $7.25/hour in 2026. See how it compares to the MIT living wage of $21.50/hour and local cost of living.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Calculate annual, monthly, and weekly income at any hourly wage in Philadelphia.
The minimum wage in Philadelphia is $7.25/hour, the federal rate, which Pennsylvania has not raised above the federal floor. Pennsylvania keeps its minimum wage at the federal $7.25/hour and preempts most local minimum wage increases, so $7.25 applies to most private employers in Philadelphia, though the city sets a higher wage floor for its own contractors and subsidized work. The bigger question for most workers is how that compares to what it actually costs to live in Philadelphia. With average 1-bedroom rent near $1,650/month and a cost-of-living index of 102 (US average = 100), the gap between the minimum wage and a true living wage is significant.
| Benchmark (Philadelphia, 2026) | Hourly | Annual (full-time) |
|---|---|---|
| Applicable minimum wage | $7.25 | $15,080 |
| MIT living wage (single adult) | $21.50 | $44,720 |
| MIT living wage (family of four, one earner) | $42.00 | $87,360 |
| Federal minimum wage | $7.25 | $15,080 |
| Average rent (1-bedroom, annual) | - | $19,800 |
Living wage figures: MIT Living Wage Calculator for the City and County of Philadelphia. Minimum wage reflects the rate applicable to most private employers in Philadelphia.
Philadelphia is the largest city in Pennsylvania and a major East Coast hub for healthcare and higher education (the eds and meds economy), pharmaceuticals and life sciences, financial services, a busy seaport, and tourism rooted in the nation's founding history.
| Local Metric | Philadelphia (2026 estimate) |
|---|---|
| Metro population | 1.6 million |
| County / jurisdiction | the City and County of Philadelphia |
| Cost of living index (US avg = 100) | 102 |
| MIT living wage, single adult | $21.50/hour |
| MIT living wage, one earner supporting a family of four | $42.00/hour |
| Applicable minimum wage | $7.25/hour |
| Average rent, 1-bedroom | $1,650/month |
| Average rent, 2-bedroom | $1,950/month |
| Median home price | $245,000 |
| Median household income | $60,000/year |
| Combined sales tax rate | 8% |
| Effective property tax rate | 0.92% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
The minimum wage in Philadelphia is $7.25/hour, the federal rate, which Pennsylvania has not raised above the federal floor. Pennsylvania keeps its minimum wage at the federal $7.25/hour and preempts most local minimum wage increases, so $7.25 applies to most private employers in Philadelphia, though the city sets a higher wage floor for its own contractors and subsidized work. A full-time worker (40 hours/week, 52 weeks) earns about $15,080 per year gross before taxes at that rate.
Not for a single adult. The MIT Living Wage Calculator estimates a single adult in the City and County of Philadelphia needs about $21.50/hour (roughly $44,720/year) to cover basic costs. That is $14.25/hour above the applicable minimum wage, and a one-earner family of four needs closer to $42.00/hour.
At $7.25/hour, full-time work (2,080 hours/year) produces about $15,080 gross. Part-time at 30 hours/week is roughly $11,310/year. Average 1-bedroom rent in Philadelphia is about $1,650/month, or $19,800/year.
Pennsylvania keeps its minimum wage at the federal $7.25/hour and preempts most local minimum wage increases, so $7.25 applies to most private employers in Philadelphia, though the city sets a higher wage floor for its own contractors and subsidized work.
The federal minimum wage is $7.25/hour and has not changed since 2009. Pennsylvania has not set a state minimum above the federal floor, and it preempts most local minimum wage increases, so $7.25/hour applies in Philadelphia.