SalaryCompareTool

Boston, MA vs New York, NY

Moving from Boston to New York? Here's what changes — from your equivalent salary to housing ($741,868 → $727,625 median home) and taxes.

Boston vs New York at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Boston, MA New York, NY Cost-of-living index Boston, MA — Cost-of-living index: 110 110 New York, NY — Cost-of-living index: 113 113 Median home price Boston, MA — Median home price: $742k $742k New York, NY — Median home price: $728k $728k Price per sqft Boston, MA — Price per sqft: $436 $436 New York, NY — Price per sqft: $455 $455 Median rent Boston, MA — Median rent: $3,211 $3,211 New York, NY — Median rent: $3,503 $3,503 Combined sales tax Boston, MA — Combined sales tax: 6.3% 6.3% New York, NY — Combined sales tax: 8.5% 8.5% Property tax rate Boston, MA — Property tax rate: 1.14% 1.14% New York, NY — Property tax rate: 1.74% 1.74% Violent crime /100k Boston, MA — Violent crime /100k: 330 330 New York, NY — Violent crime /100k: 350 350 Electricity ¢/kWh Boston, MA — Electricity ¢/kWh: 29.4 29.4 New York, NY — Electricity ¢/kWh: 29.4 29.4 Avg commute (min) Boston, MA — Avg commute (min): 31 31 New York, NY — Avg commute (min): 36 36 Avg summer high °F Boston, MA — Avg summer high °F: 82° 82° New York, NY — Avg summer high °F: 83° 83° Avg winter low °F Boston, MA — Avg winter low °F: 22° 22° New York, NY — Avg winter low °F: 16° 16°

To keep the same standard of living as $100,000 in Boston, MA, you'd need about $102,040 in New York, NY (+$2,040).

Livability — Boston, MA: 48 · New York, NY: 44 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,146 sqft in Boston vs 1,099 sqft in New York ($436 vs $455 per sqft).

Annual cost breakdown (at $100,000)

CategoryBoston, MANew York, NYDifference
Housing $38,532 $42,036 +$3,504
Groceries $5,040 $5,415 +$375
Transportation $3,210 $3,895 +$685
Utilities $3,180 $3,180 +$0
Insurance $1,800 $1,600 −$200
Taxes $17,694 $23,496 +$5,803
Total $69,455 $79,622 +$10,166

Side by side

MetricBoston, MANew York, NY
Cost-of-living index110.4112.6
Unemployment rate5.02%6.55%
Population growth (5-yr)2.9%-1.4%
Air quality (median AQI)4242
Big Mac price (est.)$6.28$6.41
Median home price$741,868$727,625
Home price ÷ income6.9×7.8×
1-yr home appreciation1.6%4.1%
Price per square foot$436$455
Median rent$3,211$3,503
Total tax burden (% income)11.5%15.9%
Combined sales tax6.25%8.52%
Capital gains tax9.00%10.90%
Property tax rate1.14%1.74%
Healthcare (annual)$8,200$7,800
Childcare (annual, infant)$21,000$17,000
Vehicle property tax2.25%None
Avg commute (min)3136
Home insurance / yr$1,800$1,600
Auto insurance / yr$1,500$2,100
Flood insurance / yr$800$800
Earthquake insurance / yr$100$100
Electricity ¢/kWh29.429.4
Gas $/gal3.303.45
Natural gas / mo$108$98
Water & sewer / mo$71$87
Home internet / mo$78$76
Violent crime /100k330350
Avg summer high °F8283
Avg winter low °F2216
Annual precipitation (in)43.649.5
Annual snowfall (in)49.229.8
Sunshine (% possible)58%58%
Permit difficulty (1–5)45

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