Fort Montgomery, NY vs Larchmont, NY

The cost of living difference between Fort Montgomery, NY and Larchmont, NY is dramatic. Fort Montgomery is 47.7% cheaper than Larchmont, a gap that translates to thousands of dollars per year in household expenses. Fort Montgomery has a cost index of 112 while Larchmont sits at 213, 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 Fort Montgomery is $1,473/month compared to $1,990/month in Larchmont — a 26% difference. Home values follow the same pattern: Fort Montgomery is more affordable at $347,200 median vs $1,384,700.

Median household income in Fort Montgomery is $80,946 compared to $160,526 in Larchmont (-49.6%). While Larchmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fort Montgomery spend roughly 21.8% of their income on rent, more than the 14.9% in Larchmont.

Climate-wise, both cities share similar average temperatures (49.4°F vs 52°F). Larchmont receives more rainfall at 47.8" per year compared to 41" in Fort Montgomery.