Chestnut Hill, PA vs Oakwood, PA

The cost of living difference between Chestnut Hill, PA and Oakwood, PA is dramatic. Oakwood is 45.5% cheaper than Chestnut Hill, a gap that translates to thousands of dollars per year in household expenses. Chestnut Hill has a cost index of 117 while Oakwood sits at 81, 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 Chestnut Hill is $1,746/month compared to $1,261/month in Oakwood — a 39% difference. Home values follow the same pattern: Oakwood is more affordable at $112,500 median vs $362,800.

Median household income in Chestnut Hill is $125,417 compared to $72,273 in Oakwood (+73.5%). While Chestnut Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chestnut Hill spend roughly 16.7% of their income on rent, less than the 20.9% in Oakwood.