Melrose Park, NY vs Smallwood, NY

Smallwood is moderately more affordable than Melrose Park, with a 6.1% lower cost of living index. Melrose Park scores 95 compared to 90 for Smallwood, where the US average is 100. This difference means residents of Melrose Park can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Melrose Park are $203,200 compared to $165,300 in Smallwood, a 23% gap.

Median household income in Melrose Park is $103,472 compared to $70,000 in Smallwood (+47.8%). While Melrose Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.