Cost of Living: Chapel Hill, NC vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,254/mo in Chapel Hill, NC versus $4,116/mo in New York, NY. In the model, rent is about 21.62% of gross in Chapel Hill, NC versus 25.92% in New York, NY, so Chapel Hill, NC tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Chapel Hill, NC and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Chapel Hill, NC
- Lower rent (median 1BR/2BR): Chapel Hill, NC
- Lower home prices: Chapel Hill, NC
- Higher median household income: Chapel Hill, NC
Cost of Living Index
Chapel Hill, NC: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Chapel Hill, NC has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Chapel Hill, NC: $1,409/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $281/mo higher than in Chapel Hill, NC.
Median Home Price
Chapel Hill, NC: $576,500 · New York, NY: $751,700
Median home price in New York, NY is $175,200 higher than in Chapel Hill, NC.
Median Household Income
Chapel Hill, NC: $85,825 · New York, NY: $79,713
Chapel Hill, NC has a higher median household income than New York, NY by $6,112.
Chapel Hill, NC overview · New York, NY overview · Popular comparisons