Fairmount, NY vs Jamestown, NY
There is a significant gap in the cost of living between these two cities. Jamestown is 29.4% cheaper than Fairmount. With a cost index of 66 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Jamestown to Fairmount should plan for substantially higher expenses across most categories.
On the housing front, median rent in Fairmount is $1,226/month compared to $755/month in Jamestown — a 62% difference. Home values follow the same pattern: Jamestown is more affordable at $79,100 median vs $173,400.
Median household income in Fairmount is $82,968 compared to $44,878 in Jamestown (+84.9%). While Fairmount is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fairmount spend roughly 17.7% of their income on rent, less than the 20.2% in Jamestown.
Climate-wise, both cities share similar average temperatures (48.5°F vs 48.8°F). Fairmount receives more rainfall at 39.9" per year compared to 33" in Jamestown.
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