Arcade, NY vs Sherman, NY
There is a significant gap in the cost of living between these two cities. Sherman is 17.3% cheaper than Arcade. With a cost index of 62 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sherman to Arcade should plan for substantially higher expenses across most categories.
On the housing front, median rent in Arcade is $735/month compared to $543/month in Sherman — a 35% difference. Home values follow the same pattern: Sherman is more affordable at $107,400 median vs $166,400.
Median household income in Arcade is $57,255 compared to $48,958 in Sherman (+16.9%). The higher salaries in Arcade partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Arcade spend roughly 15.4% of their income on rent, more than the 13.3% in Sherman.
Climate-wise, both cities share similar average temperatures (48.8°F vs 48.8°F). Arcade receives more rainfall at 40.7" per year compared to 33" in Sherman.
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Housing
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Climate
NOAA 30-year normals (1991-2020)