Updated January 5, 2026
Cost Comparison 2026

New YorkvsLos Angeles

United States
United States
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Overall

πŸ’°

-15.0%

New York is 15.0%cheaper

Rent

🏠

-22.0%

Housing is 22.0% lower

Dining

🍽️

-18.0%

Restaurants 18.0% cheaper

Groceries

πŸ›’

-15.0%

Food shopping 15.0% less

Comparing the cost of living between New York, United States and Los Angeles, United States reveals significant insights for anyone considering relocation or travel in 2026. Our comprehensive analysis shows that New York is more affordable than Los Angeles by approximately 15.0%. This comparison covers essential living expenses including housing, food, transportation, and utilities, providing you with a complete picture of what to expect financially in each city.

Key Cost Differences

Housing costs in New York are higher than in Los Angeles by 28%. A one-bedroom apartment in New York's city center costs around $4,539, while the same in Los Angeles is approximately $2,886.

Dining out in New York is notably more expensive compared to Los Angeles. An inexpensive restaurant meal costs $25 in New York versus $22 in Los Angeles.

Public transportation in New York is more expensive, with monthly passes at $133 compared to $100 in Los Angeles.

Grocery shopping in New York is more expensive by approximately 18%. Basic items like milk, bread, and eggs show higher prices across the board.

Monthly Budget Breakdown

When breaking down monthly expenses, a single person in New York can expect to spend approximately $879 per month (excluding rent), while in Los Angeles, the same lifestyle would cost around $736. For families, these figures increase significantly, with a family of four requiring about $3,076 monthly in New York versus $2,577 in Los Angeles. These estimates include groceries, dining out, transportation, utilities, and entertainment, providing a realistic picture of day-to-day living costs in each city.

Detailed Cost Comparison

Item
New York, United States
Los Angeles, United States

🏠 Housing Costs (Monthly Rent)

1BR City Center
$4,539
$2,886
1BR Outside Center
$2,701
$2,256
3BR City Center
$9,290
$5,650

🍽️ Food & Dining

Meal, Inexpensive Restaurant
$25
$22
Meal for 2, Mid-range Restaurant
$140
$110
Cappuccino
$6
$6
Domestic Beer (0.5L)
$8
$8

πŸ›’ Groceries

Milk (1L)
$1
$2
Bread (500g)
$5
$4
Eggs (12)
$7
$7
Cheese (1kg)
$17
$15

🚌 Transportation

One-way Ticket
$3
$2
Monthly Pass
$133
$100
Taxi Start
$3
$4
Gasoline (1L)
$1
$1

πŸ’‘ Utilities & Internet

Basic Utilities (85mΒ²)
$185
$165
Internet (60 Mbps)
$64
$68
Mobile Minute
$0
$0

Tips for Moving Between Cities

For those considering a move from Los Angeles to New York, the cost savings can be substantial, particularly in housing and daily expenses. However, it's important to factor in salary differences and job opportunities. Conversely, moving from New York to Los Angeles requires careful financial planning. Consider negotiating salary adjustments that reflect the higher cost of living, and research neighborhoods outside the city center for more affordable housing options while maintaining reasonable commute times.

Quality of Life Indices

New York

Cost of Living Index100
Rent Index100
Purchasing Power Index100

Los Angeles

Cost of Living Index85
Rent Index78
Purchasing Power Index102

Frequently Asked Questions

Is New York more expensive than Los Angeles?

No, New York is approximately 15.0% cheaper than Los Angeles. You'll find significant savings in housing, food, and transportation costs.

How much salary do I need in New York compared to Los Angeles?

To maintain the same standard of living, you would need approximately 87% of your Los Angeles salary when living in New York. For example, if you earn $50,000 in Los Angeles, you'd need about $43,478 in New York for a comparable lifestyle.

What are the biggest cost differences between New York and Los Angeles?

The most significant cost difference is in housing. Rent prices differ by approximately 28%, making it a major factor in your budget planning. Transportation and utilities show notable variations between the two cities.

Which city is better for expats and digital nomads?

Los Angeles offers better purchasing power, making it more attractive for those earning in strong currencies. However, New York provides lower living costs, which benefits budget-conscious travelers. Consider New York if you prioritize cultural experiences, or Los Angeles for better value.

What's a reasonable monthly budget for New York vs Los Angeles?

In New York, a single person needs approximately $3,580 per month (including rent), while a family of four requires about $8,008. In Los Angeles, these figures are $2,992 for singles and $6,677 for families. These estimates include housing, food, transportation, and basic entertainment.

The cost of living comparison between New York and Los Angeles in 2026 shows notable differences across various expense categories. Whether you're planning a relocation for work, considering retirement options, or simply curious about living costs, understanding these differences is crucial for making informed financial decisions.

Need to calculate salary equivalence?

Find out how much you need to earn in Los Angeles to maintain your lifestyle from New York

Calculate Salary Equivalence

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Last updated: 2026-01-08 β€’ Data sourced from multiple providers