Moving from Phoenix, AZ to New York, NY
If you rent
$77,000 → $82,100
You'd need about $5,100 more a year in New York for the same standard of living.
If you buy
$77,000 → $99,400
Home prices are 97% higher in New York.
| Measure | Phoenix | New York |
|---|---|---|
| Median rent | $1,458 / mo | $1,779 / mo |
| Median home value | $381,900 | $751,700 |
| Median household income | $77,041 | $79,713 |
| Median rent as a share of your $77,000 salary | 23% | 28% |
How this is estimated
Rent in New York is 22% higher than in Phoenix. 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 Phoenix, AZ Compare the two cities side by side About New York
Data: U.S. Census Bureau ACS