New York, NY Cost of Living

331 Reviews

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New York cost of living score
More expensive
72.5% higher
than the US average
42.0% higher
than the New York average
New York, New York gets a BestPlaces Cost of Living score of 172.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 72.5% higher than the U.S. average and 42.0% lower than the average for New York.

New York, NY

Housing costs in New York?
A typical home costs $677,200, which is 100.3% more expensive than the national average of $338,100 and 63.7% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in New York costs $2,600 per month, which is 81.8% more than the national average of $1,430 and 24.6% more than the state average of $1,960.

Can I afford New York?
To live comfortably in New York, New York, a minimum annual income of $129,600 for a family, and $92,000 for a single person is recommended.

What does A.I. say about New York?
The cost of living in New York, NY is significantly higher than the national average. According to research, the cost of living in New York, NY is 168.6 whereas the US average Cost of Living is 100. This means that everyday costs such as groceries, rent, and utilities are much more expensive than elsewhere in America. In addition to this, the median value of a house in New York is $677200 which is almost double the US average of $338100. Therefore it's clear that living in one of America's most populous cities comes with a hefty price tag.
   Cost of living score
     CategoriesNew YorkNew YorkUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for New York
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I'm from the South and the perception I had was that New York was a filthy slum full of sketchy people and crime. I visited it, and it's actually on the other end of the  More

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New York City is crazy Great there are to many things to do and see in NYC for anyone to ever complain about the city other than most Of the population with stacked on  More

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Over 3 years ago

filthy. deplorable. weak character. the people of new york aren't classy, they're not even decent. rude, obnoxious, arrogant, and smug, and to make it all worse there's  More

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