Median rent is 17% lower in New York ($1,779/mo vs $2,148/mo). Buying is cheaper in Plantation, where the median home runs $447,700 versus $751,700. Households earn more in Plantation ($87,077 vs $79,713 a year). Overall, the two cities have a nearly identical cost of living index (113.0).
City A
New York, NY
City B
Plantation, FL
How much would you need to earn in Plantation, FL to maintain your standard of living from New York, NY?
Equivalent salary in Plantation, FL
$75,000
Costs are about the same in both cities.
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
Plantation
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 $2,148/mo in Plantation (17% gap). Home buyers face a steeper market in New York: the median home is $751,700 versus $447,700 in Plantation — 40% 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 Plantation 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%
Plantation
Income tax: None
Sales tax: 6.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Plantation.
Pick Plantation if you prioritize higher median household income ($87,077/yr).
Pick New York if you prioritize cheaper rent ($1,779/mo median).
Pick Plantation if you prioritize no state income tax.
Is New York cheaper than Plantation?
New York is cheaper overall, with a cost of living index of 113.0 versus 113.0 (US average = 100). That means prices run about 0% lower in New York.
How much is rent in New York vs Plantation?
Median rent is $1,779/mo in New York, NY and $2,148/mo in Plantation, FL. New York, NY has the lower rent by about 17%.
Which has higher salaries — New York or Plantation?
Median household income is $79,713 in New York, NY and $87,077 in Plantation, FL. Plantation, 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 Plantation?
Florida has no state income tax. New York has a top rate of 10.90%.
What salary do I need in Plantation to match my New York income?
To maintain the same purchasing power, a salary of $100,000 in New York, NY is equivalent to roughly $100,000 in Plantation, FL (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