Cost of Living: Greenwood, IN vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Greenwood, IN versus $4,116/mo in New York, NY. In the model, rent is about 18.24% of gross in Greenwood, IN versus 25.92% in New York, NY, so Greenwood, IN tends to feel more affordable for rent.

Take-home in Greenwood, IN
$4,332/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Greenwood, IN
18.24%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Greenwood, IN and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Greenwood, IN
  • Lower rent (median 1BR/2BR): Greenwood, IN
  • Lower home prices: Greenwood, IN
  • Higher median household income: New York, NY

Cost of Living Index

Greenwood, IN: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Greenwood, IN has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Greenwood, IN: $1,190/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $500/mo higher than in Greenwood, IN.

Median Home Price

Greenwood, IN: $248,700 · New York, NY: $751,700

Median home price in New York, NY is $503,000 higher than in Greenwood, IN.

Median Household Income

Greenwood, IN: $78,765 · New York, NY: $79,713

New York, NY has a higher median household income than Greenwood, IN by $948.

Greenwood, IN overview · New York, NY overview · Popular comparisons