Moving from Silver Spring to New York will cost approximately $426,495 more on median home prices (87.2% higher). Monthly rent is $1,777 more expensive in New York. Note that median income is 16.6% lower in New York.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in New York.
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Silver Spring is 87.2% cheaper for housing than New York. The median home price in Silver Spring is $489,171 compared to $915,666 in New York.
Monthly rent in New York averages $3,815, while Silver Spring averages $2,038. That's a difference of $1,777 per month, or $21,325 annually.
The median household income in New York is $80,175, which is 16.6% lower than Silver Spring's median of $96,138.
Silver Spring has a violent crime rate of 435 per 100k residents, while New York has 308 per 100k. New York is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
