🇺🇸 NY, United States · #10 of 538 cities · 2026

Cost of Living in New York

26.6% above the United States average

Ranked #10 of 538 cities · More expensive than 98.1% of cities worldwide

Compared to United States average

Rent Prices

Rent Prices in New York

Apartment City Centre Outside Centre You Save
1-Bedroom USD 4,368/mo USD 2,853/mo 35%
3-Bedroom USD 9,454/mo USD 5,390/mo 35%
Numbeo · 2026-03-12

Multi-Source Comparison

★★ Medium Confidence

New York has a composite cost index of 100.0 from 4 independent data sources.

100.0
Composite
4
Sources
13.2
Spread

Source Values (NYC = 100)

Numbeo
101.3
Expatistan
98.7
LivingCost
119.3
SIM
100.0
Eurostat Validation (EU27 = 100) Gov. Data
Eurostat
140.4

Based on 108 country PLI x 1.3 city factor

View all 127 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
+26.6% Very expensive
Rent
+57.3% Very expensive
Groceries
+20.3% Very expensive
Restaurants
+22.7% Very expensive
Purchasing Power
-47.2% Very weak

Living in New York: What to Expect

New York is very expensive by global standards (ranked #10 of 538 cities). It is 26.6% more expensive than the United States average, based on 74 cities.

Groceries are very expensive, while dining out is very expensive. Groceries offers the best value, while Rent is the priciest.

Local purchasing power is limited — residents can afford fewer goods and services than in most cities.

Similar Cities

How Does New York Compare?

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