Cost of Living: Waltham, MA 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 Waltham, MA versus $4,116/mo in New York, NY. In the model, rent is about 32.52% of gross in Waltham, MA versus 25.92% in New York, NY, so New York, NY tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Waltham, MA and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Waltham, MA
- Lower rent (median 1BR/2BR): New York, NY
- Lower home prices: Waltham, MA
- Higher median household income: Waltham, MA
Cost of Living Index
Waltham, MA: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Waltham, MA has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Waltham, MA: $2,121/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in Waltham, MA is $431/mo higher than in New York, NY.
Median Home Price
Waltham, MA: $705,700 · New York, NY: $751,700
Median home price in New York, NY is $46,000 higher than in Waltham, MA.
Median Household Income
Waltham, MA: $116,560 · New York, NY: $79,713
Waltham, MA has a higher median household income than New York, NY by $36,847.
Waltham, MA overview · New York, NY overview · Popular comparisons