Elizabethtown, NY vs Groton, NY
Elizabethtown, NY and Groton, NY have a very similar cost of living, with only a 0.8% difference in their overall index. Elizabethtown scores 72 while Groton scores 73 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 Elizabethtown is $698/month compared to $831/month in Groton — a 16% difference. Interestingly, home values tell a different story: while Elizabethtown has cheaper rent, Groton actually has lower median home values ($153,000 vs $178,600).
Median household income in Elizabethtown is $68,214 compared to $57,347 in Groton (+18.9%). Elizabethtown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elizabethtown spend roughly 12.3% of their income on rent, less than the 17.4% in Groton.
Climate-wise, both cities share similar average temperatures (47.6°F vs 45.2°F). Groton receives more rainfall at 41.7" per year compared to 37.5" in Elizabethtown.
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