You would need around 9,065.51$ in New York, NY to maintain the same standard of life that you can have with 6,800.00$ in Los Angeles, CA (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living. This assumes net earnings (after income tax).
Is it cheaper to live in California or New York?
Overall, LA is about 24% less expensive than NYC. The cost of living in LA is lower than in NYC thanks to far lower housing prices. On average, housing in LA is 34% cheaper than in New York City.
Is cost of living more expensive in California or New York?
The cost of living in New York, NY is 27.9% higher than in Los Angeles, CA. You would have to earn a salary of $76,741 to maintain your current standard of living. Employers in New York, NY typically pay 6.4% more than employeers in Los Angeles, CA.
Which US state has the highest cost of living?
Hawaii
1. Hawaii. With a cost of living index score of 189.9 Hawaii is the most expensive state to live in right now. Groceries alone are 50 percent more expensive than the country’s average though poverty remains low.
Is NYC safer than California?
Crime Rate
According to the 2021 reports, violent crimes, including murder, rape, robbery, and aggravated assault, LA scored 29.1, and NYC has 28.2.
What’s the cheapest state in the US to live in?
Mississippi
As of August 2022, Mississippi is the least expensive state to live in, according to worldpopulationreview.com. The Magnolia State has a cost of living index of 83.3.
What states are cheaper to live in than California?
Take a look at the 10 cheapest states to live in for 2022.
- Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3.
- Kansas.
- Alabama.
- Oklahoma.
- Georgia.
- Tennessee.
- Missouri.
- Iowa.
Why is California so expensive to live there?
If you’re wondering why California sounds pricier than most states, you might point the finger at taxes. The state has the highest income taxes in the country! They range all the way up to 13.3% for the highest tax bracket. On the other hand, Californians in the bottom bracket only pay 1% of their income to the state.
Which city is the most expensive to live in?
Shanghai, named the world’s most expensive city in the world by Forbes in 2021, is an energizing city booming with business and billionaires. In 2021, it had the sixth largest concentration of billionaires in the world.
What are the 3 most expensive states?
10 of the most expensive states to live in
- #8. Oregon.
- #7. Maryland.
- #6. Alaska.
- #5. New York.
- #4. California. Dancestrokes // Shutterstock. Average Cost of Living Index: 139.8.
- #3. Massachusetts. Sergey Novikov // Shutterstock.
- #2. Washington DC. Orhan Cam // Shutterstock.
- #1. Hawaii. Leigh Trail // Shutterstock.
What are the top 5 most expensive states to live in?
The top 5 most expensive states to buy a house in 2022
- Hawaii.
- California.
- Oregon.
- Washington.
- Colorado.
What are the 4 most expensive states to live in?
Most Expensive States to Live in 2022
| State | Cost Index | Grocery |
|---|---|---|
| California | 142.2 | 113.7 |
| Massachusetts | 135 | 119.3 |
| Oregon | 130.1 | 107.8 |
| Alaska | 127.1 | 134.5 |
Is San Fran or NYC more expensive?
Both cities feature a cost of living that is much higher than the national average. However, New York is slightly more expensive. The cost of living in New York is 187% higher than the national average, whereas, in San Francisco, it’s only about 116% higher.
Which city is safer New York or LA?
A report on violent crimes (rape, life-threatening assault, murder, etc.) in both cities revealed that Los Angeles scored 29.1 while New York City scored 24.9. The property crime rate in both cities is also high as Los Angeles scores 35.1 while New York city scores 24.9.
What is the #1 best state to live in?
The personal finance website has come up with a ranked list of the top 20 best states to live in for 2022. Here are the results! The top state is Massachusetts, which ranked first in the nation for education and health, fourth for safety, sixth for quality of life, and 10th for its economy.
Which California city has the lowest cost of living?
- Eureka. The cheapest place to live in California is Eureka.
- Stockton. Stockton is another cheap place to live in California.
- Clovis. A quiet, medium-sized city in the heart of the San Joaquin Valley, Clovis is just outside of Fresno.
- Sacramento.
- Vallejo.
- Redlands.
- Murrieta.
- Vacaville.
Where is the cheapest but nicest place to live in California?
Ventura in Los Angeles is an affordable California beach town to live in if you want to be somewhere with beautiful views and charming weather. Some other inexpensive coastal cities to live in California are Long Beach, San Pedro, and Eureka.
Where is it inexpensive to live in California?
1. Oxnard. About an hour north of Los Angeles, Oxnard offers beachfront living at an affordable price. The median household income here is $62,349 with median home value settling at $332,600, which is actually a great deal for California real estate.
Why are people leaving California?
People leaving the state have lower incomes and education levels than those moving in, with the state’s high housing costs frequently cited as a reason for leaving. Yet census data suggest housing costs also drive migration within the state, with potential consequences for income patterns across California.
Is it worth to move to California?
There are many reasons why someone should not move to California, including the fact that the state is expensive, has high taxes, wildfires, earthquakes, water droughts, and high housing costs, and the traffic can be unbearable in some parts of the state.
Is California worth living in?
It’s free, simple and secure. Craving a new locale featuring plenty of sunshine, easy access to the ocean and delicious food? Moving to California might be for you. California is among the biggest states in the nation, both in terms of land size and population, so there is a huge range of great places to live.