Median rent is 9% lower in New York ($1,779/mo vs $1,946/mo). Buying is cheaper in Castle Rock, where the median home runs $621,700 versus $751,700. Households earn more in Castle Rock ($143,031 vs $79,713 a year).
City A
Castle Rock, CO
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Castle Rock, 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
Castle Rock
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 rent is modestly lower in New York at $1,779/mo compared to $1,946/mo in Castle Rock (9% gap). Median home values are within 17% of each other: $621,700 in Castle Rock 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 Castle Rock is more tax-friendly for high earners. Sales tax is 2.90% in Colorado and 4.00% in New York; Castle Rock has the lower rate (local add-ons may apply in both).
Castle Rock
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 Castle Rock.
Pick Castle Rock if you prioritize higher median household income ($143,031/yr).
Pick Castle Rock if you prioritize lower state income tax (4.40%).
Is Castle Rock cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in Castle Rock vs New York?
Median rent is $1,946/mo in Castle Rock, CO and $1,779/mo in New York, NY. New York, NY has the lower rent by about 9%.
Which has higher salaries — Castle Rock or New York?
Median household income is $143,031 in Castle Rock, CO and $79,713 in New York, NY. Castle Rock, 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 — Castle Rock or New York?
Colorado's top income tax rate is 4.40% and New York's is 10.90%. Castle Rock, CO has the lower rate.
What salary do I need in New York to match my Castle Rock 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