Cost of Living: Folsom, CA vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $3,974/mo in Folsom, CA versus $4,116/mo in New York, NY. In the model, rent is about 33.21% of gross in Folsom, CA versus 25.92% in New York, NY, so New York, NY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Folsom, CA and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Folsom, CA
- Lower rent (median 1BR/2BR): New York, NY
- Lower home prices: Folsom, CA
- Higher median household income: Folsom, CA
Cost of Living Index
Folsom, CA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Folsom, CA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Folsom, CA: $2,165/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in Folsom, CA is $475/mo higher than in New York, NY.
Median Home Price
Folsom, CA: $702,200 · New York, NY: $751,700
Median home price in New York, NY is $49,500 higher than in Folsom, CA.
Median Household Income
Folsom, CA: $139,263 · New York, NY: $79,713
Folsom, CA has a higher median household income than New York, NY by $59,550.
Folsom, CA overview · New York, NY overview · Popular comparisons