Lake Success, NY vs Wilmington, NY

The cost of living difference between Lake Success, NY and Wilmington, NY is dramatic. Wilmington is 184.2% cheaper than Lake Success, a gap that translates to thousands of dollars per year in household expenses. Lake Success has a cost index of 264 while Wilmington sits at 93, 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 Lake Success is $3,380/month compared to $1,160/month in Wilmington — a 191% difference. Home values follow the same pattern: Wilmington is more affordable at $260,300 median vs $1,484,000.

Median household income in Lake Success is $248,750 compared to $91,750 in Wilmington (+171.1%). The higher salaries in Lake Success partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lake Success spend roughly 16.3% of their income on rent, more than the 15.2% in Wilmington.