Bargaintown, NJ vs Cherry Hill Mall, NJ

Bargaintown, NJ and Cherry Hill Mall, NJ have a very similar cost of living, with only a 4.8% difference in their overall index. Bargaintown scores 130 while Cherry Hill Mall scores 124 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bargaintown is $2,320/month compared to $2,069/month in Cherry Hill Mall — a 12% difference. Interestingly, home values tell a different story: while Cherry Hill Mall has cheaper rent, Bargaintown actually has lower median home values ($307,100 vs $313,000).

Median household income in Bargaintown is $127,734 compared to $117,535 in Cherry Hill Mall (+8.7%). While Bargaintown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bargaintown spend roughly 21.8% of their income on rent, more than the 21.1% in Cherry Hill Mall.