Moving from Los Angeles, CA to New York, NY

If you rent

$80,000 → $78,700

You'd need about $1,300 less a year in New York for the same standard of living.

If you buy

$80,000 → $76,500

Home prices are 15% lower in New York.

Housing costs and income in Los Angeles, CA and New York, NY
Measure	Los Angeles	New York
Median rent	$1,879 / mo	$1,779 / mo
Median home value	$879,500	$751,700
Median household income	$80,366	$79,713
Median rent as a share of your $80,000 salary	28%	27%

How this is estimated

Rent in New York is 5% lower than in Los Angeles. We assume 30% of your income goes on housing and scale that share by the price difference. Taxes, groceries, transport and other costs are assumed equal, so state income tax or a long commute could move the real number. Housing figures are Census medians, not what a particular home costs.

Reverse: New York, NY to Los Angeles, CA Compare the two cities side by side About New York

Data: U.S. Census Bureau ACS