Granville, NY vs Southold, NY

The cost of living difference between Granville, NY and Southold, NY is dramatic. Granville is 61.2% cheaper than Southold, a gap that translates to thousands of dollars per year in household expenses. Granville has a cost index of 65 while Southold sits at 168, 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 Granville is $684/month compared to $2,176/month in Southold — a 69% difference. Home values follow the same pattern: Granville is more affordable at $140,800 median vs $762,900.

Median household income in Granville is $44,940 compared to $114,743 in Southold (-60.8%). The higher salaries in Southold partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Granville spend roughly 18.3% of their income on rent, less than the 22.8% in Southold.