The cost of living in New York (NY) is higher than the nationwide average. The average yearly pay in New York is $63,089.00, which is higher than the U.S. average annual salary by $13,281.00.
The consumer price index (CPI) of 258 in New York is 15.18% higher than the U.S. city average CPI of 224.
This is calculated by averaging the information about the major
metropolitan areas of the state and not by taking the state cost
of living information directly. The factors in the calculation
include the average New York annual salary, New York
tax rates and the regional New York consumer price index.