Colonial Park, PA vs Folcroft, PA

Colonial Park, PA and Folcroft, PA have a very similar cost of living, with only a 2.5% difference in their overall index. Colonial Park scores 91 while Folcroft scores 89 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 Colonial Park is $1,272/month compared to $1,363/month in Folcroft — a 7% difference. Interestingly, home values tell a different story: while Colonial Park has cheaper rent, Folcroft actually has lower median home values ($140,000 vs $223,800).

Median household income in Colonial Park is $69,804 compared to $58,899 in Folcroft (+18.5%). While Colonial Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colonial Park spend roughly 21.9% of their income on rent, less than the 27.8% in Folcroft.