Folcroft, PA vs Melrose Park, PA

There is a significant gap in the cost of living between these two cities. Folcroft is 25.4% cheaper than Melrose Park. With a cost index of 89 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Folcroft to Melrose Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Folcroft is $1,363/month compared to $1,661/month in Melrose Park — a 18% difference. Home values follow the same pattern: Folcroft is more affordable at $140,000 median vs $427,400.

Median household income in Folcroft is $58,899 compared to $154,946 in Melrose Park (-62%). While Melrose 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 Folcroft spend roughly 27.8% of their income on rent, more than the 12.9% in Melrose Park.