Cheltenham Village, PA vs Franklin, PA

The cost of living difference between Cheltenham Village, PA and Franklin, PA is dramatic. Franklin is 43.5% cheaper than Cheltenham Village, a gap that translates to thousands of dollars per year in household expenses. Cheltenham Village has a cost index of 93 while Franklin sits at 65, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Cheltenham Village is $1,120/month compared to $731/month in Franklin — a 53% difference. Home values follow the same pattern: Franklin is more affordable at $109,200 median vs $278,400.

Median household income in Cheltenham Village is $89,018 compared to $54,955 in Franklin (+62%). 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% in Franklin.