Cost of Living: Wheaton, MD 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 Wheaton, MD versus $4,116/mo in New York, NY. In the model, rent is about 31.34% of gross in Wheaton, MD 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 Wheaton, MD and New York, NY.
At a glance
- Cheaper overall (lower cost-of-living index): Wheaton, MD
- Lower rent (median 1BR/2BR): New York, NY
- Lower home prices: Wheaton, MD
- Higher median household income: Wheaton, MD
Cost of Living Index
Wheaton, MD: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)
Wheaton, MD has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.
Median Rent
Wheaton, MD: $2,044/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo
Median rent in Wheaton, MD is $354/mo higher than in New York, NY.
Median Home Price
Wheaton, MD: $483,100 · New York, NY: $751,700
Median home price in New York, NY is $268,600 higher than in Wheaton, MD.
Median Household Income
Wheaton, MD: $107,349 · New York, NY: $79,713
Wheaton, MD has a higher median household income than New York, NY by $27,636.
Wheaton, MD overview · New York, NY overview · Popular comparisons