New York, United States
Cost of living · 2023 · Americas · Rent +6.8% vs 2022
Rent trend in New York (2022–2026)
Cost breakdown in New York (2023)
Estimated monthly budget in New York
Based on 2023 data. Includes rent, groceries, transport, utilities and occasional dining out.
Cost comparison — cities in United States (2023)
| City | 1-Bed Rent | Groceries | Transport | Utilities | vs New York |
|---|---|---|---|---|---|
| New York | USD 3,948 | USD 583 | USD 127 | USD 197 | — |
| Atlanta | USD 1,598 | USD 489 | USD 89 | USD 158 | -59.5% |
| Austin | USD 1,692 | USD 512 | USD 33 | USD 165 | -57.1% |
| Boston | USD 3,008 | USD 545 | USD 108 | USD 188 | -23.8% |
| Chicago | USD 1,786 | USD 508 | USD 99 | USD 165 | -54.8% |
| Dallas | USD 1,504 | USD 484 | USD 90 | USD 155 | -61.9% |
| Denver | USD 1,880 | USD 508 | USD 108 | USD 167 | -52.4% |
| Houston | USD 1,363 | USD 479 | USD 80 | USD 155 | -65.5% |
| Los Angeles | USD 2,726 | USD 536 | USD 99 | USD 174 | -31% |
Frequently asked questions
What is the cost of living in New York in 2023?
In 2023, a single person living in New York needs approximately USD 5,066/month, covering rent, groceries, transport and utilities. A family of 3–4 typically spends around USD 9,991/month. New York is considered a relatively expensive city by global standards.
How much is rent in New York in 2023?
A 1-bedroom apartment in New York costs approximately USD 3,948/month in 2023. A 3-bedroom apartment runs around USD 7,708/month. Rent has changed +6.8% vs 2022.
How much do groceries cost in New York?
Monthly grocery costs for one person in New York are approximately USD 583 in 2023. This covers basic supermarket shopping including food and household essentials.
What does public transport cost in New York?
A monthly public transport pass in New York costs USD 127 in 2023, covering unlimited bus, metro and tram travel within the city.
How much are utilities in New York?
Monthly utility costs in New York average USD 197 in 2023, covering electricity, heating/cooling, water and internet for a standard apartment.
Is New York expensive to live in?
New York is located in United States (Americas). With a 1-bed rent of USD 3,948/month and total single-person expenses around USD 5,066/month, it is relatively expensive by global standards.
How much does eating out cost in New York?
A typical restaurant meal for one person in New York costs approximately USD 26 in 2023. Budget around USD 211/month if dining out a few times a week.
How have living costs in New York changed over time?
LifeIndexed tracks cost of living data for New York from 2022 to 2026. 1-bed rent has increased by 20.7% over this period (from USD 3,696 in 2022 to USD 4,460 in 2026). Use the year tabs above to compare costs across years.
What is the monthly budget needed to live comfortably in New York?
To live comfortably in New York in 2023, a single person needs approximately USD 5,066/month. This covers rent (USD 3,948), groceries (USD 583), transport (USD 127), utilities (USD 197) and dining out occasionally. A family of 3–4 should budget around USD 9,991/month.