Most Affordable Neighborhoods In New York, NY

Looking for a fresh start in a new New York neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in New York for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

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Kings Bridge
Population 37,590
-42%
Cost of Living Index 104 vs 179
42% lower than New York
Howland Hook
Population 3,982
-42%
Cost of Living Index 105 vs 179
42% lower than New York
Bedford Park
Population 57,189
-38%
Cost of Living Index 111 vs 179
38% lower than New York
Woodlawn-Nordwood
Population 10,665
-35%
Cost of Living Index 116 vs 179
35% lower than New York
Williams Bridge
Population 57,956
-35%
Cost of Living Index 117 vs 179
35% lower than New York
The Rockaways
Population 122,913
-34%
Cost of Living Index 118 vs 179
34% lower than New York
Union Port
Population 41,019
-33%
Cost of Living Index 121 vs 179
33% lower than New York
Parkchester
Population 42,021
-31%
Cost of Living Index 123 vs 179
31% lower than New York
Yorkville
Population 58,386
-29%
Cost of Living Index 126 vs 179
29% lower than New York
Wakefield-Williamsbridge
Population 111,052
-29%
Cost of Living Index 127 vs 179
29% lower than New York

New York neighborhoods

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Best Neighborhoods in New York for Singles Neighborhood Neighborhood
Best Neighborhoods in New York for Families Neighborhood Neighborhood
Safest Neighborhoods in New York Neighborhood Neighborhood
Most Dangerous Neighborhoods in New York Neighborhood Neighborhood
Most Affordable Neighborhoods in New York Neighborhood Neighborhood
Most Expensive Neighborhoods in New York
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