Malverne, NY vs Sloatsburg, NY
Sloatsburg is moderately more affordable than Malverne, with a 7.6% lower cost of living index. Malverne scores 148 compared to 138 for Sloatsburg, where the US average is 100. This difference means residents of Malverne can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Malverne is $1,861/month compared to $2,089/month in Sloatsburg — a 11% difference. Interestingly, home values tell a different story: while Malverne has cheaper rent, Sloatsburg actually has lower median home values ($426,100 vs $637,300).
Median household income in Malverne is $146,585 compared to $104,444 in Sloatsburg (+40.3%). While Malverne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Malverne spend roughly 15.2% of their income on rent, less than the 24% in Sloatsburg.
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