Baldwin, NY vs Stony Point, NY

Stony Point is moderately more affordable than Baldwin, with a 6.7% lower cost of living index. Baldwin scores 138 compared to 130 for Stony Point, where the US average is 100. This difference means residents of Baldwin can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Baldwin is $1,695/month compared to $1,696/month in Stony Point — a 0% difference. Interestingly, home values tell a different story: while Baldwin has cheaper rent, Stony Point actually has lower median home values ($472,600 vs $578,200).

Median household income in Baldwin is $139,840 compared to $122,828 in Stony Point (+13.9%). While Baldwin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Baldwin spend roughly 14.5% of their income on rent, less than the 16.6% in Stony Point.