Cost of LivingUpdated 2026-04-01

New York, New York

In New York, New York, a gallon of regular gas costs $3.98 as of 2026-04-01 — $0.08 below the national average of $4.06. The average monthly rent for all unit types is $3,258, compared to the national average of $1,900. Grocery inflation is running at 5.27% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. New York's cost-of-living index of 138 puts it above the national average of 100.

Key Numbers

Gas (Regular)

$3.98

National: $4.06

206.1%since 2000
AAA Gas Prices

Avg Rent (All)

$3,258

National: $1,900

44.0%since 2000
Zillow ZORI Metro (2026-02)

Grocery Inflation

5.27%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$15.50

Combo meal

4.0%YoY

Electricity

28.37¢

per kWh · ~$255/mo

63.2%vs US avg
EIA Residential

Car Insurance

$248/mo

$2,980/yr

38.6%vs national avg
Bankrate/NAIC

Median Household Income

$104,553

45% goes to essentials

45.0%cost burden
Census ACS 2023
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Car Insurance

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Find Apartments

Avg rent $3,258/mo in New York. Browse listings:

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Grocery Prices

Grocery Prices — 2000 to Present

National BLS averages · submit local prices below ↓

Eggs (dozen)

Bird flu volatility

$2.58 BLS avg

+156.4%

Milk (gallon)

$4.10 BLS avg

+44.6%

Ground Beef (lb)

$6.75 BLS avg

+354.4%

Bread (loaf)

$1.84 BLS avg

+104.0%

Chicken Breast (lb)

$2.04 BLS avg

+93.5%

Butter (lb)

$6.58 BLS avg

+24.9%

Bacon (lb)

$10.62 BLS avg

+22.8%

Cheddar Cheese (lb)

$9.28 BLS avg

+21.3%

Pasta (lb)

$2.58 BLS avg

+35.8%

Rice (5 lb)

$6.49 BLS avg

+23.1%

Coffee (12 oz)

$15.71 BLS avg

+41.5%

Orange Juice (64 oz)

Citrus shortage

$6.96 BLS avg

+44.4%

Potatoes (5 lb)

$5.75 BLS avg

+12.3%

Apples (3 lb)

$6.87 BLS avg

+16.8%

Tomatoes (lb)

$3.60 BLS avg

+26.8%

Lettuce (head)

$2.90 BLS avg

+28.3%

Cooking Oil (48 oz)

$9.50 BLS avg

+39.1%

Yogurt (32 oz)

$6.47 BLS avg

+15.7%

Cereal (family size)

$8.50 BLS avg

+33.0%

Frozen Pizza

$11.58 BLS avg

+47.3%

Dining & Restaurants

Fast Food Meal

$15.50

Casual Dining

$50.49

Monthly Spend

$884.72

+3.96% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $15.96

$25.75

+61.3%

Wendy's

2022: $18.02

$27.81

+54.3%

Chipotle

2022: $19.31

$28.84

+49.4%

Starbucks

2022: $8.14

$11.30

+38.8%

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Looking for an Apartment in New York?

Average 1BR: $2,672/mo · 2BR: $3,844/mo

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Local Workforce

2024 · BLS QCEW

Total Jobs

2467k

Median Weekly Pay

$3,175

$165k/yr

Top Sector

Professional & Business Services

Household vs Worker Pay

$105k

household median

Employment by Sector — New York

% of local workforce · avg weekly wage · 5-year growth trend

Professional & Business Services
-5.5% 5yr$3,329/wk
23.8%

~$173k/yr

Financial Activities
+4.3% 5yr$6,767/wk
16.5%

~$352k/yr

Education & Health Services
+6.9% 5yr$1,878/wk
15.7%

~$98k/yr

Leisure & Hospitality
-10.1% 5yr$1,285/wk
11.3%

~$67k/yr

Trade, Transportation & Utilities
-8.1% 5yr$1,947/wk
9.5%

~$101k/yr

Source: BLS QCEW 2024 Annual · County FIPS 36061

Highest Paying Sector

Financial Activities

$6,767/wk · $352k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$1,285/wk · $67k/yr

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