City Comparison · Updated May 2026
United States
COL index 88.2
United States
COL index 100.0
Los Angeles vs New York — Cost of Living, Salary & Tax Compared (2026)
The verdict
Living in Los Angeles is 11.8% cheaper than New York for the same lifestyle.
Based on Q1 2026 COL index and median single-person expenditure.
Side-by-side stats
| Los Angeles | Metric | New York | Δ |
|---|---|---|---|
| 88.2 | Cost of living index | 100.0 | +13.4% |
| €50,000 | Median gross salary | €50,000 | 0.0% |
| €41,511 | Net at €50,000 gross | €41,511 | 0.0% |
| €2,980 | Rent — 1BR centre | €3,480 | +16.8% |
| €4,030 | Monthly COL (single) | €4,680 | +16.1% |
| €47,064 | PPP — net / COL | €41,511 | -11.8% |
| 17.0% | Effective tax @ €50,000 | 17.0% | 0.0% |
Monthly expenses — paired
Salary equivalence
€50,000 gross in United States = €3,459 net monthly.
To have the same purchasing power in New York, you would need roughly €57,377 gross in United States (≈ €3,922 net monthly, adjusted for cost-of-living index).
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Pros & cons
- +Lower rent (€2,980 vs €3,480)
- −High cost of living (index 88)
- +Favourable tax rate (17.0%)
- −High rent-to-income ratio (86.1%)
- −High cost of living (index 100)
- +Favourable tax rate (17.0%)
- −High rent-to-income ratio (100.6%)
The verdict
Across the data, Los Angeles carries a lower cost-of-living index; Los Angeles wins on purchasing power after costs are netted out. If purchasing power is your north star, Los Angeles edges it.
Frequently asked
Is Los Angeles cheaper than New York?+
Los Angeles is cheaper. Cost-of-living index: Los Angeles 88.2, New York 100.0 — a 11.8% difference (Q1 2026).
What is the cost of living difference between Los Angeles and New York?+
Los Angeles sits at 88.2 on our COL index, New York at 100.0. That works out to roughly 11.8% — Los Angeles being the cheaper of the two.
Is Los Angeles a good place to live compared to New York?+
It depends on priorities. Los Angeles delivers €41,511 net on a €50,000 gross salary at a 17.0% effective tax rate. New York delivers €41,511 at 17.0%. Centre 1-bed rent: €2,980 vs €3,480.
How do salaries compare in Los Angeles vs New York?+
On a €50,000 gross salary, take-home is €41,511/year (€3,459/month) in Los Angeles and €41,511/year (€3,459/month) in New York.
Which city has lower taxes, Los Angeles or New York?+
United States has the lower effective rate at €50,000: United States 17.0%, United States 17.0%.