Median rent is 26% lower in Ferry Pass ($1,322/mo vs $1,779/mo). Buying is cheaper in Ferry Pass, where the median home runs $243,600 versus $751,700. Households earn more in New York ($79,713 vs $64,368 a year). Taken together, Ferry Pass is the more affordable choice with a cost index of 97.3 against 113.0 — about 14% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in New York, NY.
Quick verdict
Ferry Pass is 14% cheaper overall
Cost index: 97.3 in Ferry Pass vs 113.0 in New York (US average = 100)
City A
Ferry Pass, FL
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Ferry Pass, FL?
Equivalent salary in New York, NY
$87,115
You'd need $12,115 more (16% higher).
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
Ferry Pass
Florida
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 Ferry Pass — median rent of $1,322/mo versus $1,779/mo in New York, a 26% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $243,600 in Ferry Pass — 68% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Florida has no state income tax, while New York tops out at 10.90% — giving Ferry Pass a clear advantage for high earners. Sales tax is 6.00% in Florida and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Ferry Pass
Income tax: None
Sales tax: 6.00%
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 Ferry Pass.
Pick Ferry Pass if you prioritize lower overall cost of living (index 97.3 vs 113.0).
Pick New York if you prioritize higher median household income ($79,713/yr).
Pick Ferry Pass if you prioritize cheaper rent ($1,322/mo median).
Pick Ferry Pass if you prioritize no state income tax.
Is Ferry Pass cheaper than New York?
Ferry Pass is cheaper overall, with a cost of living index of 97.3 versus 113.0 (US average = 100). That means prices run about 14% lower in Ferry Pass.
How much is rent in Ferry Pass vs New York?
Median rent is $1,322/mo in Ferry Pass, FL and $1,779/mo in New York, NY. Ferry Pass, FL has the lower rent by about 26%.
Which has higher salaries — Ferry Pass or New York?
Median household income is $64,368 in Ferry Pass, FL and $79,713 in New York, NY. New York, NY 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 — Ferry Pass or New York?
Florida has no state income tax. New York has a top rate of 10.90%.
What salary do I need in New York to match my Ferry Pass income?
To maintain the same purchasing power, a salary of $100,000 in Ferry Pass, FL is equivalent to roughly $116,153 in New York, NY (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology