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Regional prices · BEA 2024 · state

Cost of living in New York State: prices 7.9% above the U.S. average.

The official BEA price level for New York State, what makes it up, what a salary is worth here at U.S.-average prices, and how local jobs pay once regional prices are taken into account.

Updated Nov 1, 2026 · Data: BEA Regional Price Parities 2024 (Feb 2026) · BLS OEWS May 2025
Regional price parity · all items107.9U.S. = 100 · rank 5 of 51
Purchasing-power equivalent · BEA RPP 2024

$100,000 in New York State ≈ $92,660 at U.S.-average prices.

Quick answer

BEA's Regional Price Parity shows that overall price levels in New York State are approximately 7.9% above the U.S. average (RPP 107.9 for 2024, U.S. = 100; rank 5 of 51, most expensive first). It measures average prices of goods and services for the average consumer, not a household budget, rent alone or taxes. Rents are tracked separately: 122.2 here against 100.6 nationally.

This page covers New York State as a whole. See Cost of living in New York City (metro area).

What RPP measures

Regional Price Parities (BEA) compare average price levels of goods and services across states and metro areas in one year, with the U.S. = 100. An RPP of 107.9 means prices about 7.9% above the national level.

What it does not measure

A household budget, rent alone, taxes, disposable income, home affordability, lifestyle, savings, or any individual's actual spending.

Price level (all items)
107.9
U.S. 100 · BEA 2024
Rents (tenant housing)
122.2
U.S. 100.6 · shown separately
$100,000 here equals
$92,660
at U.S.-average prices
To match $100,000 (U.S. prices)
$107,921
needed here
What makes it up

Price levels by category

Data BEA RPP components for 2024. Rents cover tenant-occupied housing only. Each U.S. value is BEA's national figure for that category.

  1. All items107.9 U.S. 100.0
  2. Goods107.3 U.S. 99.6
  3. Housing (rents)122.2 U.S. 100.6
  4. Utilities134.4 U.S. 98.4
  5. Other services104.1 U.S. 100.1
Local pay

What the largest occupations in New York State pay

Data BLS median wage (May 2025), the same wage at U.S.-average prices (TryHired calculation with BEA RPP), and the occupation's U.S. median.

Pay in New York State before and after regional prices
OccupationLocal medianAt U.S.-average pricesU.S. medianEmployed here
Sales Associate$37,720$34,951$35,410238,540
Operations Manager$130,860$121,255$105,770206,740
Registered Nurse$109,440$101,408$97,550205,810
Janitor$41,640$38,584$36,840195,250
Fast Food and Counter Workers$35,250$32,663$31,200168,620
Cashier$35,500$32,894$32,880158,890
Stocker$39,030$36,165$37,330146,140
Server$47,020$43,569$35,230142,940
Customer Service Representative$48,000$44,477$44,770141,090
Security Guard$44,240$40,993$38,020134,700
Office Clerks, General$45,890$42,522$45,010134,280
Administrative Assistant$49,600$45,960$47,540122,490
Pay that goes furthest

Where New York State pay stretches furthest against the U.S.

Data Local median at U.S.-average prices compared with the occupation's U.S. median; occupations with at least 500 people employed here.

  1. Securities, Commodities, and Financial Services Sales Agents+98% vs U.S.
  2. Judicial Law Clerk+90% vs U.S.
  3. Flight Attendant+85% vs U.S.
  4. Real Estate Agent+81% vs U.S.
  5. Costume Attendant+75% vs U.S.
  6. Bartender+65% vs U.S.
  7. Broadcast Announcers and Radio Disc Jockeys+59% vs U.S.
  8. Firefighter+58% vs U.S.
  9. Rigger+56% vs U.S.
  10. Reinforcing Iron and Rebar Workers+54% vs U.S.
Metro areas

Price levels across New York State metro areas

Data BEA 2024 all-items RPP for each metropolitan area in the state; differences of 3 points or less are within year-to-year movement.

  1. New York City112.6
  2. Kiryas Joel, NY109.4
  3. Ithaca, NY103.3
  4. Kingston, NY100.7
  5. Albany, NY99.6
  6. Rochester, NY97.0
  7. Buffalo, NY95.8
  8. Syracuse, NY95.7
  9. Glens Falls, NY94.9
  10. Elmira, NY94.4
  11. Binghamton, NY92.9
  12. Utica, NY92.7
Similar price levels

Places with the closest price levels

Data Differences of 3 points or less are within year-to-year movement, so treat them as ties.

FAQ

Common questions

Is New York State expensive?
BEA's 2024 regional price parity for New York State is 107.9 (U.S. = 100): prices average 7.9% above the national level. Rents alone are at 122.2 (U.S. 100.6).
Is $100,000 a good salary in New York State?
At New York State's 2024 price level, $100,000 is equivalent to about $92,660 at U.S.-average prices; matching $100,000 at U.S.-average prices takes about $107,921 here. Whether that is enough depends on your own costs, which this page does not measure.
Is this my cost of living?
No. A regional price parity is an average price level for the average consumer. Your own costs depend on housing, household size, taxes, commuting and spending, which it does not measure.
Method

How this page is built

BEA Regional Price Parities measure differences in price levels across states and metropolitan areas for one year, relative to the U.S. (= 100), for the goods and services bought by the average consumer. Salary at U.S.-average prices = salary ÷ (RPP ÷ 100). Equivalent salary in place B for a salary in place A = salary × RPP(B) ÷ RPP(A). BEA uses the same division to price-adjust income; its further steps (a small national rebalancing factor and conversion to constant dollars) are for time series and are not applied. Metro areas use the OMB 2023 delineations, the same codes BLS uses. Searches this page answers include “cost of living in new york”, “new york cost of living”, “average cost of living in new york” (Ahrefs, U.S.).

What this page can't tell you
  • Anyone's personal cost of living or household budget: RPPs are average price levels for the average consumer.
  • Taxes, take-home pay, home prices, household size, commuting or lifestyle.
  • Exact prices: RPPs are indexes, and BEA notes place-to-place price comparisons can be volatile where survey samples are small.
  • Year match: 2024 price levels are applied to May 2025 wages.
Sources
  1. U.S. Bureau of Economic Analysis, Regional Price Parities by State and Metro Area, 2024 (released Feb 19, 2026; SARPP and MARPP tables; retrieved Oct 25, 2026). Methodology.
  2. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates (public domain).