Median rent is 36% lower in New York ($1,779/mo vs $2,775/mo). Buying is cheaper in Erie, where the median home runs $685,900 versus $751,700. Households earn more in Erie ($163,644 vs $79,713 a year).
City A
Erie, CO
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Erie, 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
Erie
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
Renters will find significantly cheaper housing in New York — median rent of $1,779/mo versus $2,775/mo in Erie, a 36% difference. Median home values are within 9% of each other: $685,900 in Erie 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 Erie is more tax-friendly for high earners. Sales tax is 2.90% in Colorado and 4.00% in New York; Erie has the lower rate (local add-ons may apply in both).
Erie
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 Erie.
Pick Erie if you prioritize higher median household income ($163,644/yr).
Pick New York if you prioritize cheaper rent ($1,779/mo median).
Pick Erie if you prioritize lower state income tax (4.40%).
Is Erie cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in Erie vs New York?
Median rent is $2,775/mo in Erie, CO and $1,779/mo in New York, NY. New York, NY has the lower rent by about 36%.
Which has higher salaries — Erie or New York?
Median household income is $163,644 in Erie, CO and $79,713 in New York, NY. Erie, 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 — Erie or New York?
Colorado's top income tax rate is 4.40% and New York's is 10.90%. Erie, CO has the lower rate.
What salary do I need in New York to match my Erie 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