Gates, NY vs Sleepy Hollow Lake, NY

Gates, NY and Sleepy Hollow Lake, NY have a very similar cost of living, with only a 4.8% difference in their overall index. Gates scores 94 while Sleepy Hollow Lake scores 99 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.

When it comes to buying, median home values in Gates are $159,900 compared to $272,000 in Sleepy Hollow Lake, a 41% gap.

Median household income in Gates is $54,003 compared to $88,906 in Sleepy Hollow Lake (-39.3%). While Sleepy Hollow Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.