Chestnut Hill, PA vs Parkside, PA

The cost of living difference between Chestnut Hill, PA and Parkside, PA is dramatic. Parkside is 40.5% 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 Parkside sits at 83, 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 $1,061/month in Parkside — a 65% difference. Home values follow the same pattern: Parkside is more affordable at $188,700 median vs $362,800.

Median household income in Chestnut Hill is $125,417 compared to $91,902 in Parkside (+36.5%). The higher salaries in Chestnut Hill partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Chestnut Hill spend roughly 16.7% of their income on rent, more than the 13.9% in Parkside.