🇺🇸 US

Cost of living in New York vs US average (2024)

Quick answer

Prices in New York were 7.9% above the US average in 2024 (Regional Price Parity 107.9, US = 100), with a housing-rent index of 122.2, per the U.S. Bureau of Economic Analysis.

✓ 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)

CategoryPrice index (US = 100)
All items107.921
Goods107.254
Housing (rents)122.168
Utilities134.370
Other services104.067
— All items by year —
2024107.921
2023107.842
2022107.557
2021109.564
2020110.130
2019109.426

Related

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

More on this