Cost of Living: Reading, 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 Reading, MA versus $4,116/mo in New York, NY. In the model, rent is about 25.1% of gross in Reading, MA versus 25.92% in New York, NY, so Reading, MA tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Reading, MA and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Reading, MA
- Lower rent (median 1BR/2BR): Reading, MA
- Lower home prices: Reading, MA
- Higher median household income: Reading, MA
Cost of Living Index
Reading, MA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Reading, MA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Reading, MA: $1,636/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $54/mo higher than in Reading, MA.
Median Home Price
Reading, MA: $741,100 · New York, NY: $751,700
Median home price in New York, NY is $10,600 higher than in Reading, MA.
Median Household Income
Reading, MA: $163,725 · New York, NY: $79,713
Reading, MA has a higher median household income than New York, NY by $84,012.
Reading, MA overview · New York, NY overview · Popular comparisons