Chatham, NY vs Cragsmoor, NY

Chatham, NY and Cragsmoor, NY have a very similar cost of living, with only a 1.7% difference in their overall index. Chatham scores 93 while Cragsmoor scores 94 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Chatham are $306,300 compared to $236,800 in Cragsmoor, a 29% gap.

Median household income in Chatham is $86,625 compared to $77,467 in Cragsmoor (+11.8%). Chatham offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, Cragsmoor is notably warmer with an average of 49.4°F compared to 46.1°F in Chatham. Chatham receives more rainfall at 44.2" per year compared to 41" in Cragsmoor.