Lima, NY vs Southport, NY

Lima, NY and Southport, NY have a very similar cost of living, with only a 1.2% difference in their overall index. Lima scores 75 while Southport scores 74 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 Lima is $815/month compared to $1,105/month in Southport — a 26% difference. Interestingly, home values tell a different story: while Lima has cheaper rent, Southport actually has lower median home values ($101,200 vs $195,400).

Median household income in Lima is $85,469 compared to $62,060 in Southport (+37.7%). While Lima is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lima spend roughly 11.4% of their income on rent, less than the 21.4% in Southport.