New York cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNew YorkNew YorkNational
Cost of living index167122100
IndexNew YorkNew YorkNational
Goods & Services index151112100
Groceries index121103100
Health care index117104100
Housing index233150100
Transportation index138122100
Utilities index133102100

Did you know?

  • The cost of living in New York is 37% higher than the New York average.
  • The cost of living in New York is 67% higher than the national average.
  • The cost of housing in New York is 133% higher than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.
Location
Price
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Location
Price
Bedrooms
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Compare New York, NY Cost of living To Other Cities

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%

Goods & Services

ItemNew YorkNational avg.Difference
Haircut $22.50$14.5954.2%
Beauty Salon $70.55$34.68103.4%
Toothpaste $4.04$2.4763.3%
Shampoo $1.14$1.0211.5%
Movie $13.83$9.8740.1%
Bowling $12.33$4.39180.8%

Groceries

ItemNew YorkNational avg.Difference
Ground Beef $4.46$4.480.4%
Fried Chicken $1.04$1.4629.0%
Milk $1.92$2.3618.5%
Potatoes $4.37$3.0642.7%
Pizza $11.49$9.2424.3%
Beer $13.09$8.6351.6%

Health Care

ItemNew YorkNational avg.Difference
Optometrist $103.33$99.783.6%
Doctor $122.50$105.0316.6%
Dentist $117.50$88.7032.5%
Ibuprofen $10.06$9.416.9%
Lipitor $302.11$298.501.2%

Housing

ItemNew YorkNational avg.Difference
Home Price $501,500.00$181,400.00176.5%
Avg. Mortgage Payment $4,902.79$1,081.03353.5%
Apartment Rent $1,167.00$889.0031.3%

Transportation

ItemNew YorkNational avg.Difference
Gasoline $2.64$2.0926.2%
Tire Balancing $78.00$45.2972.2%

Utilities

ItemNew YorkNational avg.Difference
All Electricity$259.80$170.8052.1%
Phone $30.33$28.267.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Woodland Park, NE1,62290-10%
Red Hook, NY1,72513535%
East Orange, NJ64,35611515%
Newark, NJ276,47811717%
Roselle, NJ21,10311818%
New York, NY8,199,22116767%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Los Angeles, CA3,804,50314242%
Chicago, IL2,702,47111313%
Houston, TX2,107,44989-11%
Philadelphia, PA1,525,8111066%
Phoenix, AZ1,462,36895-5%
New York, NY8,199,22116767%
Source: The New York, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.