Balmville, NY vs East Hampton, NY

The cost of living difference between Balmville, NY and East Hampton, NY is dramatic. Balmville is 57.5% cheaper than East Hampton, a gap that translates to thousands of dollars per year in household expenses. Balmville has a cost index of 119 while East Hampton sits at 279, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Balmville is $1,671/month compared to $2,500/month in East Hampton — a 33% difference. Home values follow the same pattern: Balmville is more affordable at $359,600 median vs $2,000,001.

Median household income in Balmville is $107,204 compared to $114,375 in East Hampton (-6.3%). East Hampton does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Balmville spend roughly 18.7% of their income on rent, less than the 26.2% in East Hampton.

Climate-wise, both cities share similar average temperatures (50.5°F vs 53°F). East Hampton receives more rainfall at 44.3" per year compared to 41.9" in Balmville.