Median rent is 1% lower in New York ($1,779/mo vs $1,802/mo). Buying is cheaper in Arvada, where the median home runs $600,800 versus $751,700. Households earn more in Arvada ($113,396 vs $79,713 a year).
City A
Arvada, CO
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Arvada, CO?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Arvada
Colorado
New York
New York
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,802/mo in Arvada and $1,779/mo in New York. Median home values are within 20% of each other: $600,800 in Arvada and $751,700 in New York.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Colorado's top income tax rate is 4.40% versus 10.90% in New York, so Arvada is more tax-friendly for high earners. Sales tax is 2.90% in Colorado and 4.00% in New York; Arvada has the lower rate (local add-ons may apply in both).
Arvada
Income tax: 4.40%
Sales tax: 2.90%
New York
Income tax: 10.90%
Sales tax: 4.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Arvada.
Pick Arvada if you prioritize higher median household income ($113,396/yr).
Pick Arvada if you prioritize lower state income tax (4.40%).
Is Arvada cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in Arvada vs New York?
Median rent is $1,802/mo in Arvada, CO and $1,779/mo in New York, NY. New York, NY has the lower rent by about 1%.
Which has higher salaries — Arvada or New York?
Median household income is $113,396 in Arvada, CO and $79,713 in New York, NY. Arvada, CO has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Arvada or New York?
Colorado's top income tax rate is 4.40% and New York's is 10.90%. Arvada, CO has the lower rate.
What salary do I need in New York to match my Arvada income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology