Hamlin, NY vs Waterville, NY

Hamlin, NY and Waterville, NY have a very similar cost of living, with only a 0.9% difference in their overall index. Hamlin scores 72 while Waterville scores 71 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.

On the housing front, median rent in Hamlin is $882/month compared to $852/month in Waterville — a 4% difference. Interestingly, home values tell a different story: while Waterville has cheaper rent, Hamlin actually has lower median home values ($131,300 vs $158,300).

Median household income in Hamlin is $69,142 compared to $76,125 in Waterville (-9.2%). Waterville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hamlin spend roughly 15.3% of their income on rent, more than the 13.4% in Waterville.