Edwards, NY vs South Ilion, NY
There is a significant gap in the cost of living between these two cities. Edwards is 16% cheaper than South Ilion. With a cost index of 66 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edwards to South Ilion should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Edwards are $71,900 compared to $80,500 in South Ilion, a 11% gap.
Median household income in Edwards is $75,547 compared to $100,481 in South Ilion (-24.8%). While South Ilion is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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