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Cost of living: New York, NY vs Boston, MA (2024)

Quick answer

Overall prices in the New York, NY metro were 112.6 vs 108.3 in Boston, MA in 2024 (US = 100), so New York is 4.0% more expensive than Boston; housing rents differ by 0% (148.6 vs 148.4). A $75,000 income in New York buys about what $72,137 buys in Boston, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)New YorkBostonNew York vs Boston
All items112.6108.3+4.0%
Goods110.399.7+10.6%
Housing (rents)148.6148.4+0.1%
Utilities127.0148.8-14.6%
Other services105.8103.6+2.2%
All items, 2008113.5107.7+5.4%
$50,000 in New York equals in Boston$48,091
$100,000 in New York equals in Boston$96,183
$150,000 in New York equals in Boston$144,274

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Last updated 2026-10-16. Data only, not financial or tax advice.

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