Cost of Living: Smyrna, TN vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Smyrna, TN versus $4,116/mo in New York, NY. In the model, rent is about 19.9% of gross in Smyrna, TN versus 25.92% in New York, NY, so Smyrna, TN tends to feel more affordable for rent.

Take-home in Smyrna, TN
$4,516/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Smyrna, TN
19.9%
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 Smyrna, TN and New York, NY.

At a glance

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

Cost of Living Index

Smyrna, TN: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

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

Median Rent

Smyrna, TN: $1,298/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $392/mo higher than in Smyrna, TN.

Median Home Price

Smyrna, TN: $326,700 · New York, NY: $751,700

Median home price in New York, NY is $425,000 higher than in Smyrna, TN.

Median Household Income

Smyrna, TN: $78,409 · New York, NY: $79,713

New York, NY has a higher median household income than Smyrna, TN by $1,304.

Smyrna, TN overview · New York, NY overview · Popular comparisons