Chestnut Hill, PA vs Phoenixville, PA

Chestnut Hill, PA and Phoenixville, PA have a very similar cost of living, with only a 4.9% difference in their overall index. Chestnut Hill scores 117 while Phoenixville scores 112 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.

On the housing front, median rent in Chestnut Hill is $1,746/month compared to $1,563/month in Phoenixville — a 12% difference. Home values follow the same pattern: Phoenixville is more affordable at $348,200 median vs $362,800.

Median household income in Chestnut Hill is $125,417 compared to $94,411 in Phoenixville (+32.8%). 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 19.9% in Phoenixville.