Cedarhurst, NY vs Selden, NY
There is a significant gap in the cost of living between these two cities. Selden is 20% cheaper than Cedarhurst. With a cost index of 144 vs 173, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Selden to Cedarhurst should plan for substantially higher expenses across most categories.
On the housing front, median rent in Cedarhurst is $2,204/month compared to $2,282/month in Selden — a 3% difference. Interestingly, home values tell a different story: while Cedarhurst has cheaper rent, Selden actually has lower median home values ($435,700 vs $815,800).
Median household income in Cedarhurst is $98,958 compared to $111,339 in Selden (-11.1%). Selden offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cedarhurst spend roughly 26.7% of their income on rent, more than the 24.6% in Selden.
Climate-wise, both cities share similar average temperatures (54.3°F vs 53.1°F). Selden receives more rainfall at 46" per year compared to 43.3" in Cedarhurst.
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