Cheswold, DE vs Highland Acres, DE
There is a significant gap in the cost of living between these two cities. Cheswold is 17.1% cheaper than Highland Acres. With a cost index of 82 vs 99, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cheswold to Highland Acres should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cheswold is $860/month compared to $1,412/month in Highland Acres — a 39% difference. Home values follow the same pattern: Cheswold is more affordable at $290,500 median vs $293,600.
Median household income in Cheswold is $75,000 compared to $101,685 in Highland Acres (-26.2%). While Highland Acres is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cheswold spend roughly 13.8% of their income on rent, less than the 16.7% in Highland Acres.
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