Washington, DC vs New York, NY: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, New York, NY is 3.4% more expensive than Washington, DC (BEA, 2024).
- To keep the same standard of living, $75,000 in Washington works out to about $77,500 in New York, before taxes.
- Most of the difference is everyday costs rather than housing: goods are 5.2% higher and other services 3.4% higher in New York, while housing is 1.7% lower.
- Utility prices (electricity, gas, water) are 19.0% higher in New York.
- Typical asking rent is $3,546 a month in New York and $2,407 in Washington, $13,668 a year more in New York (Zillow, September 2026).
- A typical home is valued at about $731,000 in New York and $570,000 in Washington.
- The gap is about where it was in 2019 (4.7%).
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Everyday costs, not housing, drive the gap between Washington and New York
Price level by category, 2024. US average = 100.
- Washington, DC
- New York, NY
All items Washington, DC: 108.9 New York, NY: 112.6
Goods Washington, DC: 104.8 New York, NY: 110.3
Housing (rents) Washington, DC: 151.1 New York, NY: 148.6
Utilities Washington, DC: 106.7 New York, NY: 127.0
Other services Washington, DC: 102.3 New York, NY: 105.8
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Washington, DC | New York, NY | |
|---|---|---|
| All items | 108.9 | 112.6 |
| Goods | 104.8 | 110.3 |
| Housing (rents) | 151.1 | 148.6 |
| Utilities | 106.7 | 127.0 |
| Other services | 102.3 | 105.8 |
| Category | Washington | New York | New York vs Washington |
|---|---|---|---|
| All items | 108.9 | 112.6 | +3.4% |
| Goods | 104.8 | 110.3 | +5.2% |
| Housing (rents) | 151.1 | 148.6 | −1.7% |
| Utilities | 106.7 | 127.0 | +19.0% |
| Other services | 102.3 | 105.8 | +3.4% |
| Typical asking rent | $2,407 | $3,546 | +47.3% |
| Typical home value | $570,000 | $731,000 | +28.3% |
| Salary to match $75,000 in Washington | $75,000 | $77,500 | +3.4% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Washington and New York has widened since 2008: 1.3 points then, 3.7 now
Overall price level each year, 2008–2024. US average = 100.
- Washington, DC
- New York, NY
US average = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Washington, DC | New York, NY | |
|---|---|---|
| 2008 | 114.8 | 113.5 |
| 2009 | 115.0 | 114.8 |
| 2010 | 114.6 | 113.2 |
| 2011 | 113.5 | 114.6 |
| 2012 | 111.7 | 113.8 |
| 2013 | 113.9 | 113.3 |
| 2014 | 113.7 | 113.2 |
| 2015 | 113.7 | 113.3 |
| 2016 | 112.1 | 113.7 |
| 2017 | 109.8 | 113.6 |
| 2018 | 111.2 | 114.5 |
| 2019 | 109.8 | 114.9 |
| 2020 | 111.4 | 115.6 |
| 2021 | 111.6 | 114.8 |
| 2022 | 111.2 | 113.0 |
| 2023 | 109.5 | 112.6 |
| 2024 | 108.9 | 112.6 |
Goods
- Washington, DC
- New York, NY
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Washington, DC | New York, NY | |
|---|---|---|
| 2008 | 111.6 | 110.8 |
| 2009 | 112.6 | 109.1 |
| 2010 | 108.5 | 107.2 |
| 2011 | 106.5 | 107.9 |
| 2012 | 104.9 | 110.3 |
| 2013 | 108.9 | 109.7 |
| 2014 | 104.0 | 108.9 |
| 2015 | 104.0 | 109.4 |
| 2016 | 104.2 | 109.0 |
| 2017 | 103.1 | 108.7 |
| 2018 | 105.2 | 109.4 |
| 2019 | 104.1 | 108.2 |
| 2020 | 104.8 | 108.6 |
| 2021 | 108.5 | 104.3 |
| 2022 | 106.9 | 107.8 |
| 2023 | 106.4 | 108.3 |
| 2024 | 104.8 | 110.3 |
Housing (rents)
- Washington, DC
- New York, NY
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Washington, DC | New York, NY | |
|---|---|---|
| 2008 | 168.2 | 166.7 |
| 2009 | 168.9 | 166.9 |
| 2010 | 171.2 | 169.2 |
| 2011 | 173.2 | 168.3 |
| 2012 | 172.3 | 169.7 |
| 2013 | 176.2 | 167.7 |
| 2014 | 175.2 | 168.0 |
| 2015 | 171.4 | 164.8 |
| 2016 | 170.9 | 164.8 |
| 2017 | 166.2 | 160.8 |
| 2018 | 169.0 | 159.2 |
| 2019 | 162.9 | 159.4 |
| 2020 | 165.1 | 163.8 |
| 2021 | 162.5 | 160.5 |
| 2022 | 157.1 | 154.3 |
| 2023 | 151.9 | 149.7 |
| 2024 | 151.1 | 148.6 |
Utilities
- Washington, DC
- New York, NY
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Washington, DC | New York, NY | |
|---|---|---|
| 2008 | 116.4 | 145.8 |
| 2009 | 120.6 | 144.3 |
| 2010 | 107.3 | 137.4 |
| 2011 | 105.8 | 134.8 |
| 2012 | 107.9 | 130.0 |
| 2013 | 107.4 | 128.9 |
| 2014 | 104.2 | 122.4 |
| 2015 | 108.0 | 117.2 |
| 2016 | 112.4 | 120.9 |
| 2017 | 108.1 | 122.8 |
| 2018 | 103.7 | 127.9 |
| 2019 | 102.8 | 128.7 |
| 2020 | 104.7 | 135.2 |
| 2021 | 108.3 | 132.0 |
| 2022 | 101.7 | 119.8 |
| 2023 | 105.7 | 129.1 |
| 2024 | 106.7 | 127.0 |
Other services
- Washington, DC
- New York, NY
US = 100
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Washington, DC | New York, NY | |
|---|---|---|
| 2008 | 105.5 | 103.5 |
| 2009 | 104.7 | 106.1 |
| 2010 | 106.8 | 104.5 |
| 2011 | 106.1 | 106.9 |
| 2012 | 104.1 | 104.1 |
| 2013 | 104.7 | 104.1 |
| 2014 | 107.8 | 104.7 |
| 2015 | 108.3 | 105.3 |
| 2016 | 105.3 | 106.1 |
| 2017 | 102.9 | 106.8 |
| 2018 | 103.9 | 108.2 |
| 2019 | 102.6 | 109.3 |
| 2020 | 103.9 | 108.1 |
| 2021 | 102.6 | 110.7 |
| 2022 | 104.4 | 107.2 |
| 2023 | 102.4 | 106.7 |
| 2024 | 102.3 | 105.8 |
Rent and home values
Typical asking rent: $3,546 in New York vs $2,407 in Washington
Typical asking rent for a new lease, dollars per month. Quarterly.
- Washington, DC
- New York, NY
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Washington, DC | New York, NY | United States | |
|---|---|---|---|
| Mar 2015 | $1,697 | $2,260 | $1,145 |
| Jun 2015 | $1,721 | $2,309 | $1,170 |
| Sep 2015 | $1,722 | $2,335 | $1,181 |
| Dec 2015 | $1,712 | $2,314 | $1,182 |
| Mar 2016 | $1,729 | $2,324 | $1,195 |
| Jun 2016 | $1,750 | $2,367 | $1,219 |
| Sep 2016 | $1,752 | $2,384 | $1,225 |
| Dec 2016 | $1,739 | $2,361 | $1,222 |
| Mar 2017 | $1,769 | $2,371 | $1,245 |
| Jun 2017 | $1,795 | $2,418 | $1,270 |
| Sep 2017 | $1,794 | $2,428 | $1,276 |
| Dec 2017 | $1,783 | $2,387 | $1,275 |
| Mar 2018 | $1,805 | $2,407 | $1,296 |
| Jun 2018 | $1,835 | $2,461 | $1,320 |
| Sep 2018 | $1,840 | $2,483 | $1,327 |
| Dec 2018 | $1,843 | $2,454 | $1,329 |
| Mar 2019 | $1,865 | $2,478 | $1,349 |
| Jun 2019 | $1,895 | $2,538 | $1,376 |
| Sep 2019 | $1,901 | $2,559 | $1,383 |
| Dec 2019 | $1,891 | $2,535 | $1,381 |
| Mar 2020 | $1,918 | $2,557 | $1,402 |
| Jun 2020 | $1,912 | $2,514 | $1,406 |
| Sep 2020 | $1,895 | $2,394 | $1,410 |
| Dec 2020 | $1,847 | $2,309 | $1,407 |
| Mar 2021 | $1,871 | $2,345 | $1,443 |
| Jun 2021 | $1,949 | $2,467 | $1,512 |
| Sep 2021 | $2,033 | $2,637 | $1,590 |
| Dec 2021 | $2,043 | $2,713 | $1,622 |
| Mar 2022 | $2,075 | $2,808 | $1,661 |
| Jun 2022 | $2,149 | $2,948 | $1,721 |
| Sep 2022 | $2,184 | $3,027 | $1,748 |
| Dec 2022 | $2,138 | $2,971 | $1,735 |
| Mar 2023 | $2,176 | $3,009 | $1,757 |
| Jun 2023 | $2,221 | $3,103 | $1,785 |
| Sep 2023 | $2,249 | $3,133 | $1,797 |
| Dec 2023 | $2,229 | $3,092 | $1,786 |
| Mar 2024 | $2,265 | $3,145 | $1,807 |
| Jun 2024 | $2,325 | $3,226 | $1,837 |
| Sep 2024 | $2,346 | $3,239 | $1,845 |
| Dec 2024 | $2,321 | $3,218 | $1,836 |
| Mar 2025 | $2,365 | $3,278 | $1,860 |
| Jun 2025 | $2,389 | $3,360 | $1,880 |
| Sep 2025 | $2,375 | $3,403 | $1,881 |
| Dec 2025 | $2,336 | $3,364 | $1,873 |
| Mar 2026 | $2,364 | $3,410 | $1,894 |
| Jun 2026 | $2,391 | $3,511 | $1,921 |
| Sep 2026 | $2,407 | $3,546 | $1,932 |
Typical home value: $731,000 in New York vs $570,000 in Washington
Typical home value, dollars. Quarterly.
- Washington, DC
- New York, NY
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Washington, DC | New York, NY | United States | |
|---|---|---|---|
| Mar 2015 | $372K | $412K | $189K |
| Jun 2015 | $373K | $415K | $192K |
| Sep 2015 | $375K | $420K | $195K |
| Dec 2015 | $379K | $428K | $199K |
| Mar 2016 | $382K | $432K | $202K |
| Jun 2016 | $382K | $436K | $204K |
| Sep 2016 | $383K | $438K | $206K |
| Dec 2016 | $388K | $443K | $209K |
| Mar 2017 | $393K | $451K | $213K |
| Jun 2017 | $396K | $458K | $216K |
| Sep 2017 | $397K | $463K | $219K |
| Dec 2017 | $402K | $468K | $223K |
| Mar 2018 | $407K | $473K | $227K |
| Jun 2018 | $409K | $480K | $230K |
| Sep 2018 | $413K | $486K | $234K |
| Dec 2018 | $415K | $489K | $236K |
| Mar 2019 | $420K | $493K | $239K |
| Jun 2019 | $424K | $498K | $242K |
| Sep 2019 | $425K | $499K | $244K |
| Dec 2019 | $430K | $502K | $247K |
| Mar 2020 | $438K | $509K | $252K |
| Jun 2020 | $442K | $514K | $255K |
| Sep 2020 | $448K | $514K | $260K |
| Dec 2020 | $465K | $529K | $271K |
| Mar 2021 | $481K | $548K | $282K |
| Jun 2021 | $500K | $564K | $296K |
| Sep 2021 | $505K | $572K | $306K |
| Dec 2021 | $507K | $582K | $314K |
| Mar 2022 | $525K | $597K | $330K |
| Jun 2022 | $543K | $617K | $346K |
| Sep 2022 | $535K | $619K | $348K |
| Dec 2022 | $530K | $613K | $345K |
| Mar 2023 | $529K | $611K | $343K |
| Jun 2023 | $537K | $621K | $347K |
| Sep 2023 | $545K | $631K | $352K |
| Dec 2023 | $547K | $639K | $354K |
| Mar 2024 | $552K | $651K | $357K |
| Jun 2024 | $561K | $665K | $361K |
| Sep 2024 | $564K | $675K | $361K |
| Dec 2024 | $570K | $684K | $363K |
| Mar 2025 | $573K | $688K | $364K |
| Jun 2025 | $570K | $693K | $362K |
| Sep 2025 | $569K | $697K | $362K |
| Dec 2025 | $571K | $706K | $364K |
| Mar 2026 | $571K | $716K | $366K |
| Jun 2026 | $568K | $722K | $365K |
| Sep 2026 | $570K | $731K | $366K |
More about each city
- Cost of living in Washington, DC
- Cost of living in New York, NY
- Reverse: moving from New York to Washington
Related comparisons
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.