Elba, NY vs Wilson, NY
Elba, NY and Wilson, NY have a very similar cost of living, with only a 2.3% difference in their overall index. Elba scores 69 while Wilson scores 67 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 Elba is $763/month compared to $679/month in Wilson — a 12% difference. Interestingly, home values tell a different story: while Wilson has cheaper rent, Elba actually has lower median home values ($135,900 vs $162,700).
Median household income in Elba is $67,321 compared to $60,938 in Wilson (+10.5%). While Elba is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elba spend roughly 13.6% of their income on rent, more than the 13.4% in Wilson.
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