Felts Mills, NY vs Madrid, NY

There is a significant gap in the cost of living between these two cities. Madrid is 21.7% cheaper than Felts Mills. With a cost index of 73 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Madrid to Felts Mills should plan for substantially higher expenses across most categories.

Renters will find that Felts Mills has a median rent of $1,063/month while Madrid comes in at $850/month, a 25% difference.

Median household income in Felts Mills is $60,938 compared to $88,500 in Madrid (-31.1%). Madrid offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Felts Mills spend roughly 20.9% of their income on rent, more than the 11.5% in Madrid.

Climate-wise, both cities share similar average temperatures (45.3°F vs 44.6°F). Madrid receives more rainfall at 38.2" per year compared to 37.1" in Felts Mills.