Cheltenham Village, PA vs Crafton, PA
There is a significant gap in the cost of living between these two cities. Crafton is 16.5% cheaper than Cheltenham Village. With a cost index of 80 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Crafton to Cheltenham Village should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cheltenham Village is $1,120/month compared to $1,006/month in Crafton — a 11% difference. Home values follow the same pattern: Crafton is more affordable at $193,600 median vs $278,400.
Median household income in Cheltenham Village is $89,018 compared to $71,458 in Crafton (+24.6%). While Cheltenham Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheltenham Village spend roughly 15.1% of their income on rent, less than the 16.9% in Crafton.
Climate-wise, Cheltenham Village is notably warmer with an average of 56.4°F compared to 51.8°F in Crafton. Cheltenham Village receives more rainfall at 45" per year compared to 39.6" in Crafton.
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