Fort Edward, NY vs Newark, NY

Fort Edward, NY and Newark, NY have a very similar cost of living, with only a 3.9% difference in their overall index. Fort Edward scores 72 while Newark scores 75 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fort Edward is $951/month compared to $1,012/month in Newark — a 6% difference. Interestingly, home values tell a different story: while Fort Edward has cheaper rent, Newark actually has lower median home values ($122,600 vs $128,200).

Median household income in Fort Edward is $62,411 compared to $58,096 in Newark (+7.4%). Fort Edward offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fort Edward spend roughly 18.3% of their income on rent, less than the 20.9% in Newark.

Climate-wise, Newark is notably warmer with an average of 48.7°F compared to 45.7°F in Fort Edward. Fort Edward receives more rainfall at 38.2" per year compared to 30.2" in Newark.