Fair Haven, NY vs Lake Success, NY

The cost of living difference between Fair Haven, NY and Lake Success, NY is dramatic. Fair Haven is 75.7% cheaper than Lake Success, a gap that translates to thousands of dollars per year in household expenses. Fair Haven has a cost index of 64 while Lake Success sits at 264, 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 Fair Haven is $476/month compared to $3,380/month in Lake Success — a 86% difference. Home values follow the same pattern: Fair Haven is more affordable at $184,100 median vs $1,484,000.

Median household income in Fair Haven is $60,694 compared to $248,750 in Lake Success (-75.6%). The higher salaries in Lake Success partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Fair Haven spend roughly 9.4% of their income on rent, less than the 16.3% in Lake Success.

Climate-wise, Lake Success is notably warmer with an average of 56.7°F compared to 47.3°F in Fair Haven. Lake Success receives more rainfall at 45.3" per year compared to 39.6" in Fair Haven.