Chatham, NY vs Odessa, NY

There is a significant gap in the cost of living between these two cities. Odessa is 23.9% cheaper than Chatham. With a cost index of 75 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Odessa to Chatham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chatham is $1,034/month compared to $842/month in Odessa — a 23% difference. Home values follow the same pattern: Odessa is more affordable at $159,100 median vs $306,300.

Median household income in Chatham is $86,625 compared to $81,333 in Odessa (+6.5%). Chatham 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 Chatham spend roughly 14.3% of their income on rent, more than the 12.4% in Odessa.

Climate-wise, both cities share similar average temperatures (46.1°F vs 48°F). Chatham receives more rainfall at 44.2" per year compared to 32.4" in Odessa.