Dannemora, NY vs Wilmington, NY

There is a significant gap in the cost of living between these two cities. Dannemora is 18.9% cheaper than Wilmington. With a cost index of 75 vs 93, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dannemora to Wilmington should plan for substantially higher expenses across most categories.

On the housing front, median rent in Dannemora is $941/month compared to $1,160/month in Wilmington — a 19% difference. Home values follow the same pattern: Dannemora is more affordable at $127,600 median vs $260,300.

Median household income in Dannemora is $70,938 compared to $91,750 in Wilmington (-22.7%). While Wilmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dannemora spend roughly 15.9% of their income on rent, more than the 15.2% in Wilmington.