CostIndexUSA

New York, NY vs Yonkers, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostNY
New York
112.6
overall index
$3,225/mo rent
NY
Yonkers
112.6
overall index
$3,225/mo rent

New York and Yonkers have nearly identical costs of living.

Category Breakdown

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

🏠 Housing≈ Equal
New York
148.6
Yonkers
148.6
🛒 Groceries≈ Equal
New York
110.3
Yonkers
110.3
🚗 Transportation≈ Equal
New York
111.1
Yonkers
111.1
🏥 Healthcare≈ Equal
New York
100.5
Yonkers
100.5
Utilities≈ Equal
New York
127
Yonkers
127

Salary Equivalency Calculator

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

$
Equivalent salary in Yonkers, NY
$80,000
Same salary works in both cities

Formula: salary × (112.6 ÷ 112.6) = salary × 1.0000. Based on BEA Regional Price Parities.

Housing Market

New York, NY

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

Yonkers, NY

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

Income & Job Market

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

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).

New York, NY
2.5×income-to-rent ratio

59% 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.