Little Falls, NY vs Philmont, NY
There is a significant gap in the cost of living between these two cities. Little Falls is 25% cheaper than Philmont. With a cost index of 64 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Little Falls to Philmont should plan for substantially higher expenses across most categories.
On the housing front, median rent in Little Falls is $793/month compared to $1,036/month in Philmont — a 24% difference. Home values follow the same pattern: Little Falls is more affordable at $91,100 median vs $215,700.
Median household income in Little Falls is $51,763 compared to $62,972 in Philmont (-17.8%). The higher salaries in Philmont partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Little Falls spend roughly 18.4% of their income on rent, less than the 19.7% in Philmont.
Climate-wise, both cities share similar average temperatures (46.7°F vs 46.1°F). Philmont receives more rainfall at 44.2" per year compared to 44" in Little Falls.
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Climate
NOAA 30-year normals (1991-2020)