What is a pro or con of living in Cherry Hill, New Jerseycompared to Lower Merion, Pennsylvania?

Median Home Cost is 53% cheaper in Cherry Hill.

What salary do I need to live in Cherry Hill, New Jersey copmared to Lower Merion, Pennsylvania?

A salary of $50,000 in Lower Merion, Pennsylvania could decrease to $30,903 in Cherry Hill, New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

LOWER MERION vs. CHERRY HILL
Cost of Living Comparison

Lower Merion, Pennsylvania vs. Cherry Hill, New Jersey

Cost of Living Comparison

The cost of living in Cherry Hill, New Jersey is 38.2% cheaper than Lower Merion, Pennsylvania.

You would need a salary of $30,903 in Cherry Hill, New Jersey to maintain the standard of living you have in Lower Merion, Pennsylvania.

Comparison highlights

• Overall, Cherry Hill, New Jersey is cheaper than Lower Merion, Pennsylvania
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
53% cheaper in Cherry Hill
than in Lower Merion, Pennsylvania

Lower Merion, PA vs. Cherry Hill, NJ

Compared to Lower Merion, Cherry Hill is:

Homeowner

No Child Care, Taxes not Considered

38.2% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

6.6% lower

Housing (Homeowner)

60.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

8.1% higher

Commute

10.8% lower

Health

5.9% lower

Taxes

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Childcare

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Personal

8.1% lower

Cost of Food

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Lower Merion, Pennsylvania vs. Cherry Hill, New Jersey

Cost of Living Comparison

Comparison highlights

Lower Merion, PA vs. Cherry Hill, NJ

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