Milton CDP (Saratoga County), NY vs Stony Point, NY
Milton CDP (Saratoga County) is moderately more affordable than Stony Point, with a 8.6% lower cost of living index. Milton CDP (Saratoga County) scores 118 compared to 130 for Stony Point, where the US average is 100. This difference means residents of Stony Point can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Milton CDP (Saratoga County) is $1,881/month compared to $1,696/month in Stony Point — a 11% difference. Interestingly, home values tell a different story: while Stony Point has cheaper rent, Milton CDP (Saratoga County) actually has lower median home values ($330,100 vs $472,600).
Median household income in Milton CDP (Saratoga County) is $103,680 compared to $122,828 in Stony Point (-15.6%). While Stony Point is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milton CDP (Saratoga County) spend roughly 21.8% of their income on rent, more than the 16.6% in Stony Point.
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