Moving from Los Angeles to New York

Comprehensive cost of living comparison to help you make an informed decision

! Higher Housing CostRent: +36.0%Income: -3.3%
!

Budget planning required

Moving to New York will cost you $242,350 more on median home prices (36.0% more).

Side-by-Side Comparison

📍
Origin

Los Angeles, CA

🏠Median Home Price$673,316
🏢Monthly Rent$2,805
💰Median Income$82,922
👥Population3,971,896
🎯
Destination

New York, NY

🏠Median Home Price
$915,666+36.0%
🏢Monthly Rent
$3,815+36.0%
💰Median Income
$80,175-3.3%
👥Population
8,550,405+115.3%

Comprehensive Data Comparison

📈

Rent History & Trends

Los Angeles
2015$1,914
2020$2,259
2025$2,805
+47% (10yr)
New York
2015$2,706
2020$2,571
2025$3,815
+41% (10yr)
🏠

Home Prices

New York
$915,666
Los Angeles
$673,316
36.0% more expensive
💰

Income & Jobs

New York Income
$80,175/yr
Avg Salary
$65,545/yr
Unemployment Rate
5.0%
👥

Demographics

Population8,550,405
Median Age36.0 yrs
Foreign Born37.6%
Household Size2.68
🛡️

Safety

Violent Crime
308 per 100k
Property Crime
1048 per 100k
Lower rates = safer areas
💳

Annual Cost of Living Breakdown

New York
🏠 Housing$10,874
🍔 Food$6,205
🚗 Transport$12,385
🏥 Healthcare$11,162
👶 Childcare$12,000
Total$54,803
Los Angeles
🏠 Housing$14,527
🍔 Food$6,850
🚗 Transport$14,083
🏥 Healthcare$11,373
👶 Childcare$12,000
Total$63,195

Key Insights

🏠

Housing

Homes are 36.0% more expensive in New York

🏢

Rent

Spend $1,010/month moving to New York

💰

Income

Median income is 3.3% lower

Planning Your Move?

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Frequently Asked Questions

Is New York more affordable than Los Angeles?
No, New York is 36.0% more expensive for housing compared to Los Angeles.
What is the median home price in New York?
The median home price in New York, NY is $915,666.
How much is rent in New York compared to Los Angeles?
Monthly rent in New York averages $3,815, which is +36.0% compared to Los Angeles's $2,805.
What are the income differences between Los Angeles and New York?
New York has a median household income of $80,175, while Los Angeles's median is $82,922.

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About Moving from Los Angeles to New York

Relocating from Los Angeles, CA to New York, NY is a significant decision that requires careful financial planning. This cost of living comparison shows that New York has higher housing costs compared to Los Angeles.

The median home price in New York is $915,666, which is $242,350 more thanLos Angeles's median of $673,316. Monthly rent averages $3,815 in New York.

When considering income levels, New York has a median household income of $80,175, lower than Los Angeles's $82,922.

Cost of Living: Los Angeles, CA vs New York, NY – Housing, Rent & Income | CityCompare