New York, New York has an overall cost of living index of 112.6, which is 12.6 points above the US average of 100 — making it pricier than most American cities. Renters pay a median of $1,821 per month, while the typical home is valued around $777,600. Households earn a median of $80,483 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 46. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$80,483
Median Income / yr
Census ACS
$1,821
Median Rent / mo
Census ACS
$777,600
Median Home Value
Census ACS
112.6
Cost of Living Index
Studio FMR
$2,529
HUD · FY2024
1BR Fair Market Rent
$2,655
HUD · FY2024
2BR Fair Market Rent
$2,910
HUD · FY2024
3BR Fair Market Rent
$3,644
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
112.6
Goods
108.3
Rents / Housing
149.7
Services
129.1
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $161,090 |
| Registered Nurse | $115,650 |
| Elementary Teacher | $95,140 |
| Electrician | $85,440 |
| Accountant | $121,970 |
| Plumber | $91,060 |
| Nurse Practitioner | $260,160 |
| Civil Engineer | $121,640 |
| Operations Manager | $187,140 |
| Market Research Analyst | $102,680 |
| Health Services Manager | $183,580 |
| Truck Driver | $69,180 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $140,050 |
Source: BLS OEWS 2023 (metro-level data)
Population
8,483,844
Latest estimate
Median Age
38.2 yrs
Census ACS
46.0
Good0 = clean · 50 = moderate boundary · lower is better
Source: EPA AirNow
Total Neighborhoods
215
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,946
Per month
Avg Home Value
$821,924
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 10001 | — | $2,625 | $535,100 |
| ZIP 10002 | — | $1,136 | $784,800 |
| ZIP 10003 | — | $2,731 | $1,111,000 |
| ZIP 10004 | — | $3,501 | $1,792,200 |
| ZIP 10005 | — | $3,501 | $1,750,000 |
| ZIP 10006 | — | $3,501 | $1,066,700 |
| ZIP 10007 | — | $3,501 | $2,000,001 |
| ZIP 10009 | — | $1,832 | $714,100 |
| ZIP 10010 | — | $2,899 | $1,093,900 |
| ZIP 10011 | — | $2,637 | $1,151,800 |
Showing top 10 of 215 tracked neighborhoods.
January Avg
34°F
July Avg
79°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.7
poor
Hospitals
16
Doctors per 1,000
1.00
Insurance Coverage
93.7%
New York has a Regional Price Parity (RPP) index of 112.6. The US national average is 100, so New York is 12.6 points above the national average.
The median gross rent in New York is $1,821 per month according to US Census ACS data.
The median household income in New York is $80,483 per year.
The median home value in New York is $777,600 based on the latest Census ACS survey.
New York has an average Air Quality Index (AQI) of 46.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
Tax data for New York is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
