Median rent is 28% lower in Titusville ($1,281/mo vs $1,779/mo). Buying is cheaper in Titusville, where the median home runs $243,100 versus $751,700. Households earn more in New York ($79,713 vs $64,898 a year). Taken together, New York is the more affordable choice with a cost index of 113.0 against 114.4 — about 1% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in New York, NY.
Quick verdict
New York is 1% cheaper overall
Cost index: 113.0 in New York vs 114.4 in Titusville (US average = 100)
City A
New York, NY
City B
Titusville, FL
How much would you need to earn in Titusville, FL to maintain your standard of living from New York, NY?
Equivalent salary in Titusville, FL
$75,964
You'd need $964 more (1% higher).
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
Titusville
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
Renters will find significantly cheaper housing in Titusville — median rent of $1,281/mo versus $1,779/mo in New York, a 28% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $243,100 in Titusville — 68% 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 Titusville 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%
Titusville
Income tax: None
Sales tax: 6.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Titusville.
Pick New York if you prioritize higher median household income ($79,713/yr).
Pick Titusville if you prioritize cheaper rent ($1,281/mo median).
Pick Titusville if you prioritize no state income tax.
Is New York cheaper than Titusville?
New York is cheaper overall, with a cost of living index of 113.0 versus 114.4 (US average = 100). That means prices run about 1% lower in New York.
How much is rent in New York vs Titusville?
Median rent is $1,779/mo in New York, NY and $1,281/mo in Titusville, FL. Titusville, FL has the lower rent by about 28%.
Which has higher salaries — New York or Titusville?
Median household income is $79,713 in New York, NY and $64,898 in Titusville, FL. 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 — New York or Titusville?
Florida has no state income tax. New York has a top rate of 10.90%.
What salary do I need in Titusville 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 $101,286 in Titusville, 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