Cheltenham Village, PA vs Newtown Grant, PA

The cost of living difference between Cheltenham Village, PA and Newtown Grant, PA is dramatic. Cheltenham Village is 40.2% cheaper than Newtown Grant, a gap that translates to thousands of dollars per year in household expenses. Cheltenham Village has a cost index of 93 while Newtown Grant sits at 155, 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 $2,379/month in Newtown Grant — a 53% difference. Home values follow the same pattern: Cheltenham Village is more affordable at $278,400 median vs $571,900.

Median household income in Cheltenham Village is $89,018 compared to $175,403 in Newtown Grant (-49.2%). While Newtown Grant 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 16.3% in Newtown Grant.