Cost of Living: Malden, MA vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Malden, MA versus $4,116/mo in New York, NY. In the model, rent is about 30.1% of gross in Malden, MA 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 Malden, MA and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Malden, MA
- Lower rent (median 1BR/2BR): New York, NY
- Lower home prices: Malden, MA
- Higher median household income: Malden, MA
Cost of Living Index
Malden, MA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Malden, MA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Malden, MA: $1,963/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in Malden, MA is $273/mo higher than in New York, NY.
Median Home Price
Malden, MA: $607,500 · New York, NY: $751,700
Median home price in New York, NY is $144,200 higher than in Malden, MA.
Median Household Income
Malden, MA: $95,298 · New York, NY: $79,713
Malden, MA has a higher median household income than New York, NY by $15,585.
Malden, MA overview · New York, NY overview · Popular comparisons