Kingston, NY vs Lake Carmel, NY
Kingston is moderately more affordable than Lake Carmel, with a 13.9% lower cost of living index. Kingston scores 98 compared to 114 for Lake Carmel, where the US average is 100. This difference means residents of Lake Carmel can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Kingston is $1,323/month compared to $1,479/month in Lake Carmel — a 11% difference. Home values follow the same pattern: Kingston is more affordable at $277,900 median vs $357,500.
Median household income in Kingston is $65,413 compared to $121,402 in Lake Carmel (-46.1%). While Lake Carmel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kingston spend roughly 24.3% of their income on rent, more than the 14.6% in Lake Carmel.
Climate-wise, both cities share similar average temperatures (48.6°F vs 49.6°F). Lake Carmel receives more rainfall at 48" per year compared to 45.8" in Kingston.
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