Cambridge, NY vs Lawrence, NY

The cost of living difference between Cambridge, NY and Lawrence, NY is dramatic. Cambridge is 61.2% cheaper than Lawrence, a gap that translates to thousands of dollars per year in household expenses. Cambridge has a cost index of 80 while Lawrence sits at 207, 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 Cambridge is $1,063/month compared to $2,188/month in Lawrence — a 51% difference. Home values follow the same pattern: Cambridge is more affordable at $184,200 median vs $1,231,800.

Median household income in Cambridge is $73,805 compared to $174,787 in Lawrence (-57.8%). The higher salaries in Lawrence partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cambridge spend roughly 17.3% of their income on rent, more than the 15% in Lawrence.

Climate-wise, Lawrence is notably warmer with an average of 54.3°F compared to 46.7°F in Cambridge. Lawrence receives more rainfall at 43.3" per year compared to 38.6" in Cambridge.