Honeoye Falls, NY vs Wilmington, NY

Honeoye Falls, NY and Wilmington, NY have a very similar cost of living, with only a 0.3% difference in their overall index. Honeoye Falls scores 92 while Wilmington scores 93 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 Honeoye Falls is $1,241/month compared to $1,160/month in Wilmington — a 7% difference. Interestingly, home values tell a different story: while Wilmington has cheaper rent, Honeoye Falls actually has lower median home values ($249,000 vs $260,300).

Median household income in Honeoye Falls is $79,750 compared to $91,750 in Wilmington (-13.1%). While Wilmington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Honeoye Falls spend roughly 18.7% of their income on rent, more than the 15.2% in Wilmington.