Corning, NY vs Highland-on-the-Lake, NY

Corning, NY and Highland-on-the-Lake, NY have a very similar cost of living, with only a 4.5% difference in their overall index. Corning scores 74 while Highland-on-the-Lake scores 78 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.

On the housing front, median rent in Corning is $976/month compared to $1,012/month in Highland-on-the-Lake — a 4% difference. Home values follow the same pattern: Corning is more affordable at $148,300 median vs $168,400.

Median household income in Corning is $61,017 compared to $85,616 in Highland-on-the-Lake (-28.7%). While Highland-on-the-Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Corning spend roughly 19.2% of their income on rent, more than the 14.2% in Highland-on-the-Lake.

Climate-wise, both cities share similar average temperatures (48°F vs 48.8°F). Highland-on-the-Lake receives more rainfall at 33" per year compared to 32.4" in Corning.