Median rent is 28% lower in New York ($1,779/mo vs $2,468/mo). Buying is cheaper in New York, where the median home runs $751,700 versus $870,300. Households earn more in El Dorado Hills ($163,544 vs $79,713 a year).
City A
El Dorado Hills, CA
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from El Dorado Hills, CA?
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
El Dorado Hills
California
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
Renters will find significantly cheaper housing in New York — median rent of $1,779/mo versus $2,468/mo in El Dorado Hills, a 28% difference. Median home values are within 14% of each other: $870,300 in El Dorado Hills and $751,700 in New York.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
California's top income tax rate is 13.30% versus 10.90% in New York, so New York is more tax-friendly for high earners. Sales tax is 7.25% in California and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
El Dorado Hills
Income tax: 13.30%
Sales tax: 7.25%
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 El Dorado Hills.
Pick El Dorado Hills if you prioritize higher median household income ($163,544/yr).
Pick New York if you prioritize cheaper rent ($1,779/mo median).
Pick New York if you prioritize lower state income tax (10.90%).
Is El Dorado Hills cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in El Dorado Hills vs New York?
Median rent is $2,468/mo in El Dorado Hills, CA and $1,779/mo in New York, NY. New York, NY has the lower rent by about 28%.
Which has higher salaries — El Dorado Hills or New York?
Median household income is $163,544 in El Dorado Hills, CA and $79,713 in New York, NY. El Dorado Hills, CA 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 — El Dorado Hills or New York?
California's top income tax rate is 13.30% and New York's is 10.90%. New York, NY has the lower rate.
What salary do I need in New York to match my El Dorado Hills 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