South Farmingdale, NY vs Valley Stream, NY
Valley Stream is moderately more affordable than South Farmingdale, with a 12% lower cost of living index. South Farmingdale scores 167 compared to 150 for Valley Stream, where the US average is 100. This difference means residents of South Farmingdale can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in South Farmingdale is $2,642/month compared to $1,994/month in Valley Stream — a 33% difference. Interestingly, home values tell a different story: while Valley Stream has cheaper rent, South Farmingdale actually has lower median home values ($584,400 vs $605,000).
Median household income in South Farmingdale is $162,527 compared to $127,426 in Valley Stream (+27.5%). While South Farmingdale is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of South Farmingdale spend roughly 19.5% of their income on rent, more than the 18.8% in Valley Stream.
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