Ellicottville, NY vs Waddington, NY

There is a significant gap in the cost of living between these two cities. Waddington is 19.9% cheaper than Ellicottville. With a cost index of 74 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waddington to Ellicottville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Ellicottville is $984/month compared to $718/month in Waddington — a 37% difference. Home values follow the same pattern: Waddington is more affordable at $195,800 median vs $277,600.

Median household income in Ellicottville is $88,333 compared to $69,375 in Waddington (+27.3%). While Ellicottville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ellicottville spend roughly 13.4% of their income on rent, more than the 12.4% in Waddington.