Quick answer
Overall prices in the New York, NY metro were 112.6 vs 113.6 in Los Angeles, CA in 2024 (US = 100), so New York is 0.9% less expensive than Los Angeles; housing rents differ by 13% (148.6 vs 170.4). A $75,000 income in New York buys about what $75,668 buys in Los Angeles, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | New York | Los Angeles | New York vs Los Angeles |
|---|---|---|---|
| All items | 112.6 | 113.6 | -0.9% |
| Goods | 110.3 | 106.6 | +3.4% |
| Housing (rents) | 148.6 | 170.4 | -12.8% |
| Utilities | 127.0 | 158.6 | -19.9% |
| Other services | 105.8 | 104.4 | +1.4% |
| All items, 2008 | 113.5 | 113.3 | +0.1% |
| $50,000 in New York equals in Los Angeles | $50,446 | ||
| $100,000 in New York equals in Los Angeles | $100,891 | ||
| $150,000 in New York equals in Los Angeles | $151,337 |
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Last updated 2026-10-16. Data only, not financial or tax advice.