CostIndexUSA

Hialeah, FL vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Hialeah
114.2
overall index
$2,650/mo rent
More AffordableNY
New York
112.6
overall index
$3,225/mo rent

New York is slightly cheaper than Hialeah — 1.4% lower overall cost of living.

To match an $80,000 salary in Hialeah, you would need $78,900 in New York. Calculate your salary ↓

Category Breakdown

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

🏠 Housing4.5%
Hialeah
155.6
New York
148.6
🛒 Groceries+6.5%
Hialeah
103.6
New York
110.3
🚗 Transportation3.1%
Hialeah
114.6
New York
111.1
🏥 Healthcare3.1%
Hialeah
103.7
New York
100.5
Utilities+30.7%
Hialeah
97.2
New York
127

Salary Equivalency Calculator

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

$
Equivalent salary in New York, NY
$78,900
$1,100 less needed in New York

Formula: salary × (112.6 ÷ 114.2) = salary × 0.9860. Based on BEA Regional Price Parities.

Housing Market

Hialeah, FL

Median Home Price
$467,000
Median Monthly Rent
$2,650
Housing Index
155.6
Price-to-Rent Ratio
14.7×

New York, NY

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

Hialeah has 4.5% lower housing costs compared to New York.

Income & Job Market

Hialeah, FL

Median Household Income
$76,300
Per Capita Income
$43,500
Unemployment Rate
4.1%
Population
233,339
Top Industries
HealthcareRetailManufacturingLogisticsGovernment

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
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).

Hialeah, FL
2.4×income-to-rent ratio

58% of income left after rent (median)

New York, 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.