Bedford Hills, NY vs Southold, NY

There is a significant gap in the cost of living between these two cities. Bedford Hills is 15.8% cheaper than Southold. With a cost index of 141 vs 168, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bedford Hills to Southold should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bedford Hills is $2,036/month compared to $2,176/month in Southold — a 6% difference. Home values follow the same pattern: Bedford Hills is more affordable at $491,500 median vs $762,900.

Median household income in Bedford Hills is $102,750 compared to $114,743 in Southold (-10.5%). The higher salaries in Southold partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bedford Hills spend roughly 23.8% of their income on rent, more than the 22.8% in Southold.