Lakewood, NY vs New Windsor, NY

There is a significant gap in the cost of living between these two cities. Lakewood is 26.9% cheaper than New Windsor. With a cost index of 83 vs 113, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakewood to New Windsor should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lakewood is $1,132/month compared to $1,579/month in New Windsor — a 28% difference. Home values follow the same pattern: Lakewood is more affordable at $146,300 median vs $324,300.

Median household income in Lakewood is $70,962 compared to $85,755 in New Windsor (-17.3%). The higher salaries in New Windsor partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lakewood spend roughly 19.1% of their income on rent, less than the 22.1% in New Windsor.

Climate-wise, both cities share similar average temperatures (48.8°F vs 49.4°F). New Windsor receives more rainfall at 41" per year compared to 33" in Lakewood.