Cambridge, NY vs Walden, NY

There is a significant gap in the cost of living between these two cities. Cambridge is 26.5% cheaper than Walden. With a cost index of 80 vs 109, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cambridge to Walden should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cambridge is $1,063/month compared to $1,448/month in Walden — a 27% difference. Home values follow the same pattern: Cambridge is more affordable at $184,200 median vs $328,300.

Median household income in Cambridge is $73,805 compared to $89,652 in Walden (-17.7%). The higher salaries in Walden 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, less than the 19.4% in Walden.