CostIndexUSA

Erie, PA vs Yonkers, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordablePA
Erie
91
overall index
$1,075/mo rent
NY
Yonkers
112.6
overall index
$3,225/mo rent

Erie is significantly cheaper than Yonkers — 23.7% lower overall cost of living.

To match an $80,000 salary in Erie, you would need $99,000 in Yonkers. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+161.6%
Erie
56.8
Yonkers
148.6
🛒 Groceries+9.5%
Erie
100.7
Yonkers
110.3
🚗 Transportation+8.3%
Erie
102.6
Yonkers
111.1
🏥 Healthcare+8.3%
Erie
92.8
Yonkers
100.5
Utilities+18.9%
Erie
106.8
Yonkers
127

Salary Equivalency Calculator

Enter your current salary in Erie to see what you'd need to earn in Yonkers to maintain the same purchasing power.

$
Equivalent salary in Yonkers, NY
$99,000
$19,000 more needed in Yonkers

Formula: salary × (112.6 ÷ 91) = salary × 1.2374. Based on BEA Regional Price Parities.

Housing Market

Erie, PA

Median Home Price
$209,000
Median Monthly Rent
$1,075
Housing Index
56.8
Price-to-Rent Ratio
16.2×

Yonkers, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Yonkers has 161.6% higher housing costs compared to Erie.

Income & Job Market

Erie, PA

Median Household Income
$60,700
Per Capita Income
$34,600
Unemployment Rate
3.8%
Population
94,831
Top Industries
ManufacturingHealthcareEducationTechnologyRetail

Yonkers, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
211,569
Top Industries
HealthcareFinanceRetailManufacturingEducation

Affordability at a Glance

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

Erie, PA
4.7×income-to-rent ratio

79% of income left after rent (median)

Yonkers, NY
2.5×income-to-rent ratio

59% 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.