Farmingdale, NY vs Smithtown, NY

Smithtown is moderately more affordable than Farmingdale, with a 5.1% lower cost of living index. Farmingdale scores 157 compared to 150 for Smithtown, where the US average is 100. This difference means residents of Farmingdale can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmingdale is $2,460/month compared to $1,851/month in Smithtown — a 33% difference. Interestingly, home values tell a different story: while Smithtown has cheaper rent, Farmingdale actually has lower median home values ($530,100 vs $661,400).

Median household income in Farmingdale is $134,037 compared to $148,852 in Smithtown (-10%). Smithtown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmingdale spend roughly 22% of their income on rent, more than the 14.9% in Smithtown.