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Cost of living: New York, NY vs Washington, DC (2024)

Quick answer

Overall prices in the New York, NY metro were 112.6 vs 108.9 in Washington, DC in 2024 (US = 100), so New York is 3.4% more expensive than Washington; housing rents differ by 2% (148.6 vs 151.1). A $75,000 income in New York buys about what $72,549 buys in Washington, 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 YorkWashingtonNew York vs Washington
All items112.6108.9+3.4%
Goods110.3104.8+5.2%
Housing (rents)148.6151.1-1.7%
Utilities127.0106.7+19.0%
Other services105.8102.3+3.4%
All items, 2008113.5114.8-1.1%
$50,000 in New York equals in Washington$48,366
$100,000 in New York equals in Washington$96,732
$150,000 in New York equals in Washington$145,097

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

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