Philmont, NY vs West Elmira, NY

Philmont is moderately more affordable than West Elmira, with a 7% lower cost of living index. Philmont scores 85 compared to 92 for West Elmira, where the US average is 100. This difference means residents of West Elmira can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Philmont is $1,036/month compared to $1,435/month in West Elmira — a 28% difference. Interestingly, home values tell a different story: while Philmont has cheaper rent, West Elmira actually has lower median home values ($192,900 vs $215,700).

Median household income in Philmont is $62,972 compared to $107,359 in West Elmira (-41.3%). While West Elmira is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Philmont spend roughly 19.7% of their income on rent, more than the 16% in West Elmira.