Median rent is 8% lower in Los Angeles ($1,879/mo vs $2,052/mo). Buying is cheaper in Franklin Square, where the median home runs $640,300 versus $879,500. Households earn more in Franklin Square ($140,051 vs $80,366 a year).
City A
Franklin Square, NY
City B
Los Angeles, CA
How much would you need to earn in Los Angeles, CA to maintain your standard of living from Franklin Square, NY?
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
Franklin Square
New York
Los Angeles
California
👥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 Los Angeles at $1,879/mo compared to $2,052/mo in Franklin Square (8% gap). Home buyers face a steeper market in Los Angeles: the median home is $879,500 versus $640,300 in Franklin Square — 27% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
New York's top income tax rate is 10.90% versus 13.30% in California, so Franklin Square is more tax-friendly for high earners. Sales tax is 4.00% in New York and 7.25% in California; Franklin Square has the lower rate (local add-ons may apply in both).
Franklin Square
Income tax: 10.90%
Sales tax: 4.00%
Los Angeles
Income tax: 13.30%
Sales tax: 7.25%
Air quality data is available for Los Angeles (avg AQI 77.0) but not yet for Franklin Square.
Pick Franklin Square if you prioritize higher median household income ($140,051/yr).
Pick Franklin Square if you prioritize lower state income tax (10.90%).
Is Franklin Square cheaper than Los Angeles?
Cost of living index data is not yet available for one or both cities.
How much is rent in Franklin Square vs Los Angeles?
Median rent is $2,052/mo in Franklin Square, NY and $1,879/mo in Los Angeles, CA. Los Angeles, CA has the lower rent by about 8%.
Which has higher salaries — Franklin Square or Los Angeles?
Median household income is $140,051 in Franklin Square, NY and $80,366 in Los Angeles, CA. Franklin Square, 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 — Franklin Square or Los Angeles?
New York's top income tax rate is 10.90% and California's is 13.30%. Franklin Square, NY has the lower rate.
What salary do I need in Los Angeles to match my Franklin Square 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