Peru, NY vs Star Lake, NY

The cost of living difference between Peru, NY and Star Lake, NY is dramatic. Star Lake is 41.1% cheaper than Peru, a gap that translates to thousands of dollars per year in household expenses. Peru has a cost index of 92 while Star Lake sits at 65, 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 Peru is $1,262/month compared to $731/month in Star Lake — a 73% difference. Home values follow the same pattern: Star Lake is more affordable at $83,600 median vs $214,700.

Median household income in Peru is $69,671 compared to $59,286 in Star Lake (+17.5%). Peru does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Peru spend roughly 21.7% of their income on rent, more than the 14.8% in Star Lake.