Montauk, NY vs Woodbury, NY

The cost of living difference between Montauk, NY and Woodbury, NY is dramatic. Woodbury is 50.3% cheaper than Montauk, a gap that translates to thousands of dollars per year in household expenses. Montauk has a cost index of 199 while Woodbury sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Montauk is $2,061/month compared to $1,976/month in Woodbury — a 4% difference. Home values follow the same pattern: Woodbury is more affordable at $417,700 median vs $1,186,400.

Median household income in Montauk is $129,375 compared to $141,607 in Woodbury (-8.6%). Woodbury offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Montauk spend roughly 19.1% of their income on rent, more than the 16.7% in Woodbury.