New York vs Philadelphia-Camden-Wilmington
Cost of Living Comparison
New York
To match your lifestyle in Philadelphia-Camden-Wilmington, you'd need:
$44,418
The Verdict
Cost of Living Index
Purchasing Power
Philadelphia-Camden-Wilmington
To match your lifestyle in New York, you'd need:
$108,150
The Bottom Line
On a $70,000 salary, you would have $16,445 more per year in Philadelphia-Camden-Wilmington compared to New York. You'd pay $3,245 less in taxes in Philadelphia-Camden-Wilmington, while housing costs 38% less. The cost of living in New York is 50% above avg, while Philadelphia-Camden-Wilmington is 18% above avg, making Philadelphia-Camden-Wilmington the more affordable city overall. Your $70,000 salary in New York feels like earning $44,418 in Philadelphia-Camden-Wilmington once you factor in taxes, rent, and cost of living. For K-12 education, Philadelphia-Camden-Wilmington has a better pupil-teacher ratio (0:1 vs 0:1). College is more affordable in New York ($19,246 vs $26,393 avg in-state tuition).
K-12 Schools
Colleges & Universities
Frequently Asked Questions
Is New York or Philadelphia-Camden-Wilmington more expensive?
New York is more expensive with a cost of living index of 149.7 vs 117.8 (national average = 100).
What salary in Philadelphia-Camden-Wilmington equals $70,000 in New York?
You would need to earn approximately $44,418 in Philadelphia-Camden-Wilmington to maintain the same purchasing power as a $70,000 salary in New York, after accounting for taxes, rent, and cost of living differences.
How much is rent in New York vs Philadelphia-Camden-Wilmington?
Average annual rent for a 2-bedroom apartment is $34,920 in New York and $21,720 in Philadelphia-Camden-Wilmington—housing is 38% less in Philadelphia-Camden-Wilmington.