Friendship, NY vs Shelter Island, NY

The cost of living difference between Friendship, NY and Shelter Island, NY is dramatic. Friendship is 56.4% cheaper than Shelter Island, a gap that translates to thousands of dollars per year in household expenses. Friendship has a cost index of 71 while Shelter Island sits at 163, 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.

When it comes to buying, median home values in Friendship are $56,600 compared to $1,019,000 in Shelter Island, a 94% gap.

Median household income in Friendship is $42,734 compared to $129,410 in Shelter Island (-67%). While Shelter Island is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, Shelter Island is notably warmer with an average of 53°F compared to 46.4°F in Friendship. Shelter Island receives more rainfall at 44.3" per year compared to 37.2" in Friendship.