Altona, NY vs Bemus Point, NY

There is a significant gap in the cost of living between these two cities. Altona is 16.5% cheaper than Bemus Point. With a cost index of 75 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Altona to Bemus Point should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altona is $1,013/month compared to $750/month in Bemus Point — a 35% difference. Interestingly, home values tell a different story: while Bemus Point has cheaper rent, Altona actually has lower median home values ($95,000 vs $372,700).

Median household income in Altona is $21,629 compared to $86,000 in Bemus Point (-74.9%). While Bemus Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Altona spend roughly 56.2% of their income on rent, more than the 10.5% in Bemus Point. The Bemus Point ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Bemus Point is notably warmer with an average of 48.8°F compared to 45.3°F in Altona. Bemus Point receives more rainfall at 33" per year compared to 30.9" in Altona.