Southold, NY vs Woodmere, NY

Southold is moderately more affordable than Woodmere, with a 13.1% lower cost of living index. Southold scores 168 compared to 193 for Woodmere, where the US average is 100. This difference means residents of Woodmere can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Southold is $2,176/month compared to $2,519/month in Woodmere — a 14% difference. Home values follow the same pattern: Southold is more affordable at $762,900 median vs $944,400.

Median household income in Southold is $114,743 compared to $174,942 in Woodmere (-34.4%). While Woodmere is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Southold spend roughly 22.8% of their income on rent, more than the 17.3% in Woodmere.