Durhamville, NY vs Water Mill, NY

The cost of living difference between Durhamville, NY and Water Mill, NY is dramatic. Durhamville is 73.2% cheaper than Water Mill, a gap that translates to thousands of dollars per year in household expenses. Durhamville has a cost index of 80 while Water Mill sits at 299, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Durhamville is $1,074/month compared to $3,150/month in Water Mill — a 66% difference. Home values follow the same pattern: Durhamville is more affordable at $182,700 median vs $2,000,001.

Median household income in Durhamville is $128,125 compared to $158,250 in Water Mill (-19%). Water Mill 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 Durhamville spend roughly 10.1% of their income on rent, less than the 23.9% in Water Mill.