CICostIndexUSA

Boise, ID vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableID
Boise
98.4
overall index
$1,900/mo rent
NY
New York
112.6
overall index
$3,625/mo rent

Boise is moderately cheaper than New York — 14.4% lower overall cost of living.

To match an $80,000 salary in Boise, you would need $91,500 in New York. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+40.7%
Boise
105.6
New York
148.6
🛒 Groceries+14.7%
Boise
96.2
New York
110.3
🚗 Transportation+6.9%
Boise
103.9
New York
111.1
🏥 Healthcare+6.9%
Boise
94
New York
100.5
Utilities+79.6%
Boise
70.7
New York
127

Salary Equivalency Calculator

Enter your current salary in Boise to see what you'd need to earn in New York to maintain the same purchasing power.

$
Equivalent salary in New York, NY
$91,500
$11,500 more needed in New York

Formula: salary × (112.6 ÷ 98.4) = salary × 1.1443. Based on BEA Regional Price Parities.

Housing Market

Boise, ID

Median Home Price
$497,000
Median Monthly Rent
$1,900
Housing Index
105.6
Price-to-Rent Ratio
21.8×

New York, NY

Median Home Price
$737,000
Median Monthly Rent
$3,625
Housing Index
148.6
Price-to-Rent Ratio
16.9×

New York has 40.7% higher housing costs compared to Boise.

Income & Job Market

Boise, ID

Median Household Income
$88,700
Per Capita Income
$50,600
Unemployment Rate
4%
Population
235,984
Top Industries
TechnologyHealthcareManufacturingFinanceAgriculture

New York, NY

Median Household Income
$99,900
Per Capita Income
$56,900
Unemployment Rate
5.7%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Boise, ID
3.9×income-to-rent ratio

74% of income left after rent (median)

New York, NY
2.3×income-to-rent ratio

56% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.