Cheltenham Village, PA vs Howard, PA
There is a significant gap in the cost of living between these two cities. Howard is 20% cheaper than Cheltenham Village. With a cost index of 77 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Howard 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 $951/month in Howard — a 18% difference. Home values follow the same pattern: Howard is more affordable at $189,800 median vs $278,400.
Median household income in Cheltenham Village is $89,018 compared to $60,417 in Howard (+47.3%). 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 18.9% in Howard.
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