Limiting the cost of housing to no more than 30 percent of your budget is a well-known principle – even serving as a demarcation for government agencies. When it comes to renters in Philadelphia, how much money do they need to earn to responsibly afford the average cost of a two-bedroom apartment in the city?
It turns out, according to a recent report, the average cost of a two-bedroom in the city warrants an annual income of $71,657 dollars – the 11th highest yearly wage of the largest U.S.…