Depew, NY vs Saranac Lake, NY
Depew, NY and Saranac Lake, NY have a very similar cost of living, with only a 4% difference in their overall index. Depew scores 80 while Saranac Lake scores 77 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 Depew is $1,048/month compared to $826/month in Saranac Lake — a 27% difference. Interestingly, home values tell a different story: while Saranac Lake has cheaper rent, Depew actually has lower median home values ($180,800 vs $188,900).
Median household income in Depew is $75,226 compared to $60,494 in Saranac Lake (+24.4%). While Depew is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Depew spend roughly 16.7% of their income on rent, more than the 16.4% in Saranac Lake.
Climate-wise, Depew is notably warmer with an average of 48.8°F compared to 39.7°F in Saranac Lake. Depew receives more rainfall at 40.7" per year compared to 36.6" in Saranac Lake.
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