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Cost of Living in New York

United States • Pop: 8.3M

New York is one of the world's most expensive cities with unmatched opportunities.

Global finance hubCultural capitalHigh salariesCareer opportunities
Cost Index
125
Rent Index
180
Avg Net Salary
£4,345/mo

Cost Breakdown vs London (Index 100)

Overall Cost
125
25% pricier
Rent
180
80% pricier
Groceries
105
5% pricier
Restaurants
115
15% pricier
Transport
95
5% cheaper
Utilities
110
10% pricier

Salary Equivalence

How much you'd need to earn in New York to match a London salary

London SalaryEquivalent in New YorkDifference
£30,000£37,500Need £7,500 more
£40,000£50,000Need £10,000 more
£50,000£62,500Need £12,500 more
£60,000£75,000Need £15,000 more
£75,000£93,750Need £18,750 more
£100,000£125,000Need £25,000 more

Living in New York: What to Expect

New York has a cost of living index of 125, meaning it is 25% more expensive than London in overall living costs.

The average net monthly salary in New York is approximately $5,500 (£4,345 when converted to GBP).

Cost Breakdown

  • Rent: Index of 180
  • Groceries: Index of 105
  • Restaurants: Index of 115
  • Transport: Index of 95
  • Utilities: Index of 110

Key highlights: Global finance hub, Cultural capital, High salaries, Career opportunities.

Use our UK salary calculator to see your take-home pay, or compare with other cities.