Cape Vincent, NY vs Philmont, NY
There is a significant gap in the cost of living between these two cities. Cape Vincent is 15.8% cheaper than Philmont. With a cost index of 72 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cape Vincent to Philmont should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cape Vincent is $774/month compared to $1,036/month in Philmont — a 25% difference. Home values follow the same pattern: Cape Vincent is more affordable at $202,300 median vs $215,700.
Median household income in Cape Vincent is $58,229 compared to $62,972 in Philmont (-7.5%). Philmont 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 Cape Vincent spend roughly 16% of their income on rent, less than the 19.7% in Philmont.
Climate-wise, both cities share similar average temperatures (45.3°F vs 46.1°F). Philmont receives more rainfall at 44.2" per year compared to 37.1" in Cape Vincent.
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