Cost Of Living in Soho, NY

Get 300+ Local Insights for Any Address in Soho, New York, NY

Get Access to 300+ Local Data Points

F

201%

Overall NAT. AVG.

20%

Groceries NAT. AVG.

605%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Soho	New York	New York
Cost of living	301	179	121
Groceries	120	120	106
Health care	123	123	110
Housing	705	297	144
Transportation	136	136	113
Utilities	121	121	112
Lifestyle & Entertainment	136	136	111
Household Items	116	116	106
Education & Childcare	151	151	118

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Homes For Sale In New York, NY

166 Perry St Unit 5A

New York, NY

100 Barclay St Unit 30B

New York, NY

41 Putnam Ave Unit A

Brooklyn, NY

319 Hawthorne St

Brooklyn, NY

Cost Of Living Quick Facts

The cost of living in Soho is 150% higher than the New York average
The cost of living in Soho is 201% higher than the national average
Soho housing is 605% higher than the national average
New York general sales tax is 22% lower than the national average
New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Soho

See all the best places to live around Soho

Compare New York, NY Cost of Living

Write a review to give others more information about this area.

See all Soho poll results

The best places in New York

Here are the best places to live in New York

These are the 10 cheapest cities in New York

Check out the 10 most dangerous cities in New York

Safest States In The US

Salary Calculator

This is how much you would need to earn in

Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Household	$208,360	$17,363	$4,861	$6,251

New York Sales Tax

State	General Sales Tax	With Max Surtax
New York	4%	8.875%

New York Income Tax

State	Income Tax (Low)	Income Tax (High)
New York	4%	10.9%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
East Orange, NJ	66,655	115	15.1%
Roselle, NJ	22,321	116	15.7%
Silver Lake CDP (Warren County), NJ	326	117	17.3%
Newark, NJ	290,764	120	19.8%
Paterson, NJ	149,118	122	21.5%
New York, NY	8,575,966	179	78.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Los Angeles, CA	4,130,831	181	81.2%
Toronto, ON	3,013,752	n/a
Chicago, IL	2,804,582	114	14.0%
New York, NY	8,575,966	179	78.8%