Farmingdale, NY vs Lake Success, NY

The cost of living difference between Farmingdale, NY and Lake Success, NY is dramatic. Farmingdale is 40.3% cheaper than Lake Success, a gap that translates to thousands of dollars per year in household expenses. Farmingdale has a cost index of 157 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 Farmingdale is $2,460/month compared to $3,380/month in Lake Success — a 27% difference. Home values follow the same pattern: Farmingdale is more affordable at $530,100 median vs $1,484,000.

Median household income in Farmingdale is $134,037 compared to $248,750 in Lake Success (-46.1%). While Lake Success is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmingdale spend roughly 22% of their income on rent, more than the 16.3% in Lake Success.

Climate-wise, Lake Success is notably warmer with an average of 56.7°F compared to 53.4°F in Farmingdale. Lake Success receives more rainfall at 45.3" per year compared to 38.3" in Farmingdale.