Median rent is 9% lower in New York ($1,779/mo vs $1,963/mo). Buying is cheaper in Oviedo, where the median home runs $428,500 versus $751,700. Households earn more in Oviedo ($114,092 vs $79,713 a year).
City A
New York, NY
City B
Oviedo, FL
How much would you need to earn in Oviedo, FL to maintain your standard of living from New York, 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
New York
New York
Oviedo
Florida
👥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 $1,963/mo in Oviedo (9% gap). Home buyers face a steeper market in New York: the median home is $751,700 versus $428,500 in Oviedo — 43% 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 Oviedo a clear advantage for high earners. Sales tax is 4.00% in New York and 6.00% in Florida; New York has the lower rate (local add-ons may apply in both).
New York
Income tax: 10.90%
Sales tax: 4.00%
Oviedo
Income tax: None
Sales tax: 6.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Oviedo.
Pick Oviedo if you prioritize higher median household income ($114,092/yr).
Pick Oviedo if you prioritize no state income tax.
Is New York cheaper than Oviedo?
Cost of living index data is not yet available for one or both cities.
How much is rent in New York vs Oviedo?
Median rent is $1,779/mo in New York, NY and $1,963/mo in Oviedo, FL. New York, NY has the lower rent by about 9%.
Which has higher salaries — New York or Oviedo?
Median household income is $79,713 in New York, NY and $114,092 in Oviedo, FL. Oviedo, FL 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 — New York or Oviedo?
Florida has no state income tax. New York has a top rate of 10.90%.
What salary do I need in Oviedo to match my New York 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