Chesilhurst, NJ vs Merchantville, NJ
Chesilhurst, NJ and Merchantville, NJ have a very similar cost of living, with only a 1.7% difference in their overall index. Chesilhurst scores 93 while Merchantville scores 95 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
When it comes to buying, median home values in Chesilhurst are $215,100 compared to $316,300 in Merchantville, a 32% gap.
Median household income in Chesilhurst is $89,904 compared to $91,607 in Merchantville (-1.9%). While Merchantville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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