Beacon, NY vs Valley Stream, NY

There is a significant gap in the cost of living between these two cities. Beacon is 17.2% cheaper than Valley Stream. With a cost index of 124 vs 150, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beacon to Valley Stream should plan for substantially higher expenses across most categories.

On the housing front, median rent in Beacon is $1,675/month compared to $1,994/month in Valley Stream — a 16% difference. Home values follow the same pattern: Beacon is more affordable at $422,000 median vs $605,000.

Median household income in Beacon is $93,347 compared to $127,426 in Valley Stream (-26.7%). While Valley Stream is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Beacon spend roughly 21.5% of their income on rent, more than the 18.8% in Valley Stream.