Cost of Living: New City, NY vs Phoenix, AZ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,116/mo in New City, NY versus $4,370/mo in Phoenix, AZ. In the model, rent is about 34.9% of gross in New City, NY versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.

Take-home in New City, NY
$4,116/mo
Income level: below
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in New City, NY
34.9%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between New City, NY and Phoenix, AZ.

At a glance

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

Cost of Living Index

New City, NY: 100 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

New City, NY has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.

Median Rent

New City, NY: $2,276/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in New City, NY is $891/mo higher than in Phoenix, AZ.

Median Home Price

New City, NY: $618,500 · Phoenix, AZ: $381,900

Median home price in New City, NY is $236,600 higher than in Phoenix, AZ.

Median Household Income

New City, NY: $174,479 · Phoenix, AZ: $77,041

New City, NY has a higher median household income than Phoenix, AZ by $97,438.

New City, NY overview · Phoenix, AZ overview · Popular comparisons