Median rent is 11% lower in New York ($1,779/mo vs $1,995/mo). Buying is cheaper in King of Prussia, where the median home runs $396,500 versus $751,700. Households earn more in King of Prussia ($111,600 vs $79,713 a year).
City A
King of Prussia, PA
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from King of Prussia, PA?
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
King of Prussia
Pennsylvania
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
Median rent is modestly lower in New York at $1,779/mo compared to $1,995/mo in King of Prussia (11% gap). Home buyers face a steeper market in New York: the median home is $751,700 versus $396,500 in King of Prussia — 47% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Pennsylvania's top income tax rate is 3.07% versus 10.90% in New York, so King of Prussia is more tax-friendly for high earners. Sales tax is 6.00% in Pennsylvania and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
King of Prussia
Income tax: 3.07%
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 King of Prussia.
Pick King of Prussia if you prioritize higher median household income ($111,600/yr).
Pick New York if you prioritize cheaper rent ($1,779/mo median).
Pick King of Prussia if you prioritize lower state income tax (3.07%).
Is King of Prussia cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in King of Prussia vs New York?
Median rent is $1,995/mo in King of Prussia, PA and $1,779/mo in New York, NY. New York, NY has the lower rent by about 11%.
Which has higher salaries — King of Prussia or New York?
Median household income is $111,600 in King of Prussia, PA and $79,713 in New York, NY. King of Prussia, PA 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 — King of Prussia or New York?
Pennsylvania's top income tax rate is 3.07% and New York's is 10.90%. King of Prussia, PA has the lower rate.
What salary do I need in New York to match my King of Prussia 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