Cost of Living: Los Angeles, CA vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Los Angeles, CA versus $4,116/mo in New York, NY. In the model, rent is about 25.99% of gross in Los Angeles, CA versus 25.92% in New York, NY, so New York, NY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Los Angeles, CA and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Los Angeles, CA
- Lower rent (median 1BR/2BR): New York, NY
- Lower home prices: Los Angeles, CA
- Higher median household income: New York, NY
Cost of Living Index
Los Angeles, CA: 148.6 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Los Angeles, CA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Los Angeles, CA: $1,695/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in Los Angeles, CA is $5/mo higher than in New York, NY.
Median Home Price
Los Angeles, CA: $657,700 · New York, NY: $751,700
Median home price in New York, NY is $94,000 higher than in Los Angeles, CA.
Median Household Income
Los Angeles, CA: $74,785 · New York, NY: $79,713
New York, NY has a higher median household income than Los Angeles, CA by $4,928.
Los Angeles, CA overview · New York, NY overview · Popular comparisons