Cattaraugus, NY vs Farnham, NY
There is a significant gap in the cost of living between these two cities. Cattaraugus is 19.6% cheaper than Farnham. With a cost index of 61 vs 76, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cattaraugus to Farnham should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cattaraugus is $633/month compared to $1,087/month in Farnham — a 42% difference. Home values follow the same pattern: Cattaraugus is more affordable at $73,100 median vs $124,000.
Median household income in Cattaraugus is $59,145 compared to $75,938 in Farnham (-22.1%). While Farnham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cattaraugus spend roughly 12.8% of their income on rent, less than the 17.2% in Farnham.
Climate-wise, both cities share similar average temperatures (48.8°F vs 48.8°F). Farnham receives more rainfall at 33" per year compared to 33" in Cattaraugus.
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