Latham, NY vs Wellsville, NY

The cost of living difference between Latham, NY and Wellsville, NY is dramatic. Wellsville is 62.6% cheaper than Latham, a gap that translates to thousands of dollars per year in household expenses. Latham has a cost index of 102 while Wellsville sits at 63, 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 Latham is $1,417/month compared to $635/month in Wellsville — a 123% difference. Home values follow the same pattern: Wellsville is more affordable at $88,100 median vs $300,300.

Median household income in Latham is $101,580 compared to $51,005 in Wellsville (+99.2%). While Latham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Latham spend roughly 16.7% of their income on rent, more than the 14.9% in Wellsville.