Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

New York

United States

COL index 100.0

vs
San Francisco

United States

COL index 98.4

New York vs San Francisco — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in San Francisco is 1.6% cheaper than New York for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
New YorkMetricSan FranciscoΔ
100.0Cost of living index98.4-1.6%
€50,000Median gross salary€50,0000.0%
€41,511Net at €50,000 gross€41,5110.0%
€3,480Rent — 1BR centre€3,680+5.7%
€4,680Monthly COL (single)€4,844+3.5%
€41,511PPP — net / COL€42,185+1.6%
17.0%Effective tax @ €50,00017.0%0.0%
§ 02

Monthly expenses — paired

New York San Francisco
Rent — 1BR centre
New York
€3,480
San Francisco
€3,680
Groceries
New York
€580
San Francisco
€570
Utilities
New York
€312
San Francisco
€302
Transport
New York
€168
San Francisco
€158
Internet
New York
€65
San Francisco
€62
Gym
New York
€75
San Francisco
€72
§ 03

Salary equivalence

50,000 gross in United States = €3,459 net monthly.

To have the same purchasing power in San Francisco, you would need roughly €49,196 gross in United States (≈ €3,404 net monthly, adjusted for cost-of-living index).

€50,000
New York
€41,511
Net annual · 17.0% effective
PPP-adjusted equivalent
€41,511
San Francisco
€41,511
Net annual · 17.0% effective
PPP-adjusted equivalent
€42,185
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§ 04

Pros & cons

New York
  • +Lower rent (€3,480 vs €3,680)
  • High cost of living (index 100)
  • +Favourable tax rate (17.0%)
  • High rent-to-income ratio (100.6%)
San Francisco
  • High cost of living (index 98)
  • +Favourable tax rate (17.0%)
  • High rent-to-income ratio (106.4%)
§ 05

The verdict

Across the data, San Francisco carries a lower cost-of-living index; San Francisco wins on purchasing power after costs are netted out. If purchasing power is your north star, San Francisco edges it.

§ 06

Frequently asked

Is New York cheaper than San Francisco?+

San Francisco is cheaper. Cost-of-living index: New York 100.0, San Francisco 98.4 — a 1.6% difference (Q1 2026).

What is the cost of living difference between New York and San Francisco?+

New York sits at 100.0 on our COL index, San Francisco at 98.4. That works out to roughly 1.6% — San Francisco being the cheaper of the two.

Is New York a good place to live compared to San Francisco?+

It depends on priorities. New York delivers €41,511 net on a €50,000 gross salary at a 17.0% effective tax rate. San Francisco delivers €41,511 at 17.0%. Centre 1-bed rent: €3,480 vs €3,680.

How do salaries compare in New York vs San Francisco?+

On a €50,000 gross salary, take-home is €41,511/year (€3,459/month) in New York and €41,511/year (€3,459/month) in San Francisco.

Which city has lower taxes, New York or San Francisco?+

United States has the lower effective rate at €50,000: United States 17.0%, United States 17.0%.

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