Cost of Living: Hoover, AL vs New York, NY
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Hoover, AL versus $4,116/mo in New York, NY. In the model, rent is about 20.45% of gross in Hoover, AL versus 25.92% in New York, NY, so Hoover, AL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hoover, AL and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Hoover, AL
- Lower rent (median 1BR/2BR): Hoover, AL
- Lower home prices: Hoover, AL
- Higher median household income: Hoover, AL
Cost of Living Index
Hoover, AL: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Hoover, AL has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Hoover, AL: $1,334/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in New York, NY is $356/mo higher than in Hoover, AL.
Median Home Price
Hoover, AL: $391,300 · New York, NY: $751,700
Median home price in New York, NY is $360,400 higher than in Hoover, AL.
Median Household Income
Hoover, AL: $107,822 · New York, NY: $79,713
Hoover, AL has a higher median household income than New York, NY by $28,109.
Hoover, AL overview · New York, NY overview · Popular comparisons