Malone, NY vs Peru, NY
There is a significant gap in the cost of living between these two cities. Malone is 25.3% cheaper than Peru. With a cost index of 69 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Malone to Peru should plan for substantially higher expenses across most categories.
On the housing front, median rent in Malone is $793/month compared to $1,262/month in Peru — a 37% difference. Home values follow the same pattern: Malone is more affordable at $103,500 median vs $214,700.
Median household income in Malone is $59,489 compared to $69,671 in Peru (-14.6%). The higher salaries in Peru partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Malone spend roughly 16% of their income on rent, less than the 21.7% in Peru.
Climate-wise, both cities share similar average temperatures (44.1°F vs 45.3°F). Malone receives more rainfall at 33.9" per year compared to 30.9" in Peru.
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Climate
NOAA 30-year normals (1991-2020)