2026 city cost profile
Cost of Living in New York, New York
New York, New York has an overall cost of living index of 166.9, which is 67% above the national average.
Index
166.9
67% above the national average
Key stats
Index
166.9
National average = 100
Rent
$4,850
Estimated average monthly rent
Home price
$787,000
Estimated median home price
Income
$125,000
Estimated median household income
Category breakdown
Category indexes use 100 as the U.S. national average baseline.
| Category | City index | National average | Difference |
|---|---|---|---|
| Housing | 245 | 100 | +145.0% |
| Groceries | 138 | 100 | +38.0% |
| Transportation | 121 | 100 | +21.0% |
| Healthcare | 117 | 100 | +17.0% |
| Utilities | 112 | 100 | +12.0% |
| Miscellaneous | 134 | 100 | +34.0% |
Salary needed
Single adult
$143,000
Estimated comfortable annual salary
Family of four
$97,000
Estimated comfortable annual salary
Monthly budget examples
Single
$8,110
Couple
$13,620
Family
$19,870
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Frequently Asked Questions
Last updated: Q1 2026
Data as of Q1 2026. Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau, HUD Fair Market Rents.
Cost of living indexes use the national average as baseline (100). Data is updated periodically.