Cost of Living: Reading, PA vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,337/mo in Reading, PA versus $4,116/mo in New York, NY. In the model, rent is about 14.83% of gross in Reading, PA versus 25.92% in New York, NY, so Reading, PA tends to feel more affordable for rent.

Take-home in Reading, PA
$4,337/mo
Income level: above
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Reading, PA
14.83%
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 Reading, PA and New York, NY.

At a glance

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

Cost of Living Index

Reading, PA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

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

Median Rent

Reading, PA: $967/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $723/mo higher than in Reading, PA.

Median Home Price

Reading, PA: $109,800 · New York, NY: $751,700

Median home price in New York, NY is $641,900 higher than in Reading, PA.

Median Household Income

Reading, PA: $45,599 · New York, NY: $79,713

New York, NY has a higher median household income than Reading, PA by $34,114.

Reading, PA overview · New York, NY overview · Popular comparisons