Boston-Cambridge-Quincy vs New York
Cost of Living Comparison
Boston-Cambridge-Quincy
To match your lifestyle in New York, you'd need:
$74,324
The Verdict
Cost of Living Index
Purchasing Power
New York
To match your lifestyle in Boston-Cambridge-Quincy, you'd need:
$66,019
The Bottom Line
On a $70,000 salary, you would have $2,873 more per year in Boston-Cambridge-Quincy compared to New York. You'd pay $3,245 more in taxes in New York, while housing costs 1% less. The cost of living in Boston-Cambridge-Quincy is 48% above avg, while New York is 50% above avg, making Boston-Cambridge-Quincy the more affordable city overall. Your $70,000 salary in Boston-Cambridge-Quincy feels like earning $74,324 in New York once you factor in taxes, rent, and cost of living. For K-12 education, New York has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in New York ($31,757 vs $19,246 avg in-state tuition).
K-12 Schools
Colleges & Universities
Frequently Asked Questions
Is Boston-Cambridge-Quincy or New York more expensive?
New York is more expensive with a cost of living index of 149.7 vs 148.2 (national average = 100).
What salary in New York equals $70,000 in Boston-Cambridge-Quincy?
You would need to earn approximately $74,324 in New York to maintain the same purchasing power as a $70,000 salary in Boston-Cambridge-Quincy, after accounting for taxes, rent, and cost of living differences.
How much is rent in Boston-Cambridge-Quincy vs New York?
Average annual rent for a 2-bedroom apartment is $35,292 in Boston-Cambridge-Quincy and $34,920 in New York—housing is 1% less in New York.