"Long live COASTERPALOOZA!!!"
Another option is to stay in Harrisburg to the west of Hershey (via Rte. 322). There are numerous cheaper hotels in that area which is more urban. The ride to Hershey is also about 15 minutes, but more urban and not as scenic in my opinion.
We have also stayed at the Hampton Inn in Grantville (10-15 min. north of Hershey). This is a very nice hotel with an indoor pool and a more elaborate than usual continental breakfast, and the drive to Hershey is down a scenic country road, but the hotel is somewhat more expensive (still much cheaper than in Hershey though).
You mentioned camping, so you might consider the Hershey Highmeadow Campground. It is owned by the Hershey Entertainment and Resorts Company (as is Hersheypark, Hotel Hershey, and Hershey Lodge), and it looks to be a very nice place. They offer free transportation to Hersheypark also.
The last time I was there I stayed at a Red Roof Inn right along the highway (I-83) just to the east of Harrisburg. There were a couple of other hotels in the vicinity also, all very nice. It was only a 20-30 minute drive to Hershey from there.
Harrisburg IS much cheaper and just a short distance from the park.
-Tina
There are a few campgrounds along I-81 a few exits north of Hreshey. Those would put you 30+ minutes from Hershey Park but only an45 min to an hour from Knoebels as well.
Any of the ones that are 18 miles are less away from hershey are all within a reasonable 25 minutes or less away. Id suggest not to stay at any that are farther than that away from hershey. I noticed the Econolodge at 650 Gettysburg Road, Mechanicsburg, PA has the best rate. $46 a night is very reasonable, and its not the worst hotel. The rate is also for June, and that is when they are the most expensive. I am sure you can find a hotel in that list for the price you want.
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