Cheltenham Village, PA vs Gilbertsville, PA

Cheltenham Village is moderately more affordable than Gilbertsville, with a 5.4% lower cost of living index. Cheltenham Village scores 93 compared to 98 for Gilbertsville, where the US average is 100. This difference means residents of Gilbertsville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cheltenham Village is $1,120/month compared to $1,089/month in Gilbertsville — a 3% difference. Interestingly, home values tell a different story: while Gilbertsville has cheaper rent, Cheltenham Village actually has lower median home values ($278,400 vs $354,700).

Median household income in Cheltenham Village is $89,018 compared to $117,426 in Gilbertsville (-24.2%). While Gilbertsville 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, more than the 11.1% in Gilbertsville.