Cost of Living: Simi Valley, 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 Simi Valley, CA versus $4,116/mo in New York, NY. In the model, rent is about 36.62% of gross in Simi Valley, CA versus 25.92% in New York, NY, so New York, NY tends to feel more affordable for rent.

Take-home in Simi Valley, CA
$3,974/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Simi Valley, CA
36.62%
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 Simi Valley, CA and New York, NY.

At a glance

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

Cost of Living Index

Simi Valley, CA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

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

Median Rent

Simi Valley, CA: $2,388/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in Simi Valley, CA is $698/mo higher than in New York, NY.

Median Home Price

Simi Valley, CA: $753,500 · New York, NY: $751,700

Median home price in Simi Valley, CA is $1,800 higher than in New York, NY.

Median Household Income

Simi Valley, CA: $117,703 · New York, NY: $79,713

Simi Valley, CA has a higher median household income than New York, NY by $37,990.

Simi Valley, CA overview · New York, NY overview · Popular comparisons