Median rent is 44% lower in Garden City ($991/mo vs $1,779/mo). Buying is cheaper in Garden City, where the median home runs $162,400 versus $751,700. Households earn more in New York ($79,713 vs $64,396 a year).
City A
Garden City, MI
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Garden City, MI?
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
Garden City
Michigan
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 Garden City — median rent of $991/mo versus $1,779/mo in New York, a 44% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $162,400 in Garden City — 78% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Michigan's top income tax rate is 4.25% versus 10.90% in New York, so Garden City is more tax-friendly for high earners. Sales tax is 6.00% in Michigan and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Garden City
Income tax: 4.25%
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 Garden City.
Pick New York if you prioritize higher median household income ($79,713/yr).
Pick Garden City if you prioritize cheaper rent ($991/mo median).
Pick Garden City if you prioritize lower state income tax (4.25%).
Is Garden City cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in Garden City vs New York?
Median rent is $991/mo in Garden City, MI and $1,779/mo in New York, NY. Garden City, MI has the lower rent by about 44%.
Which has higher salaries — Garden City or New York?
Median household income is $64,396 in Garden City, MI 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 — Garden City or New York?
Michigan's top income tax rate is 4.25% and New York's is 10.90%. Garden City, MI has the lower rate.
What salary do I need in New York to match my Garden City 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