Fort Montgomery, NY vs Madrid, NY

The cost of living difference between Fort Montgomery, NY and Madrid, NY is dramatic. Madrid is 52.4% cheaper than Fort Montgomery, a gap that translates to thousands of dollars per year in household expenses. Fort Montgomery has a cost index of 112 while Madrid sits at 73, 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 $850/month in Madrid — a 73% difference. Home values follow the same pattern: Madrid is more affordable at $136,700 median vs $347,200.

Median household income in Fort Montgomery is $80,946 compared to $88,500 in Madrid (-8.5%). 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 Fort Montgomery spend roughly 21.8% of their income on rent, more than the 11.5% in Madrid.

Climate-wise, Fort Montgomery is notably warmer with an average of 49.4°F compared to 44.6°F in Madrid. Fort Montgomery receives more rainfall at 41" per year compared to 38.2" in Madrid.