Cost of Living: Los angeles, CA vs New york, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Los angeles | New york |
|---|---|---|
| Housing Index | 140.0 | 135.2 |
| Median Home Price | $837,000 | $800,000 |
| Average Rent (2 BR Apartment) | $2760 | $4906 |
| Average Rent (2 BR House) | $3000 | $5332 |
Housing Comparison: Los angeles vs New york
- In Los angeles, the median home price is higher at $837,000, while in New york it is $800,000.
- In New york, the rental for a two-bedroom apartment stands at $4,906, while it is $2,760 in Los angeles.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Los angeles | New york |
|---|---|---|
| Electricity Price | $32.99 | $26.08 |
| Natural Gas Price | $16.99 | $18.13 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Los angeles vs New york
- Electricity costs are higher in Los angeles at $32.99 per kWh, compared to $26.08 in New york.
- New york experiences higher natural gas costs at $18.13 per unit, with costs at $16.99 in Los angeles.
- Other utility costs are higher in Los angeles at an average of $250, compared to New york with $200.