Living Cost Compare
New York City

New York

$2,010/mo est.

vs
Salem

Oregon

$1,170/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $2,010 in New York City, NY versus $1,170 in Salem, OR. Overall, Salem, OR is roughly 42% cheaper to live in day-to-day than New York City, NY, driven mainly by rent.

Median household income is $79,713 in New York City, NY and $71,900 in Salem, OR — about 10% higher in New York City, NY. New York has a top state income tax rate of 10.90% and a 4% state sales tax; Oregon has a top state income tax rate of 9.90% and no state sales tax.

Rent

Studio
$1,633
$1,075
+34% in New York City, NY
1 Bedroom
$1,705
$989
+42% in New York City, NY
2 Bedroom
$1,781
$1,337
+25% in New York City, NY
3 Bedroom
$2,065
$1,778
+14% in New York City, NY

Buying a Home

Median Home Value
$751,700
$382,400
+49% in New York City, NY

Income

Median Household Income
$79,713
$71,900
+10% in New York City, NY
Metro Median Wage (annual)
$61,430
$55,310
+10% in New York City, NY

People & Lifestyle

Median Age
38.0 yr
35.7 yr
+2.3 yr in New York City, NY
Homeownership
32.8%
55.7%
+22.9 pp in Salem, OR
Bachelor's+ (25+)
41.0%
31.4%
+9.6 pp in New York City, NY
Avg Commute
40.6 min
22.4 min
+18.2 min in New York City, NY

Crime (per 100k/yr)

Violent Crime
694
540.6
+22% in New York City, NY
Property Crime
2,415.4
2,878.6
+19% in Salem, OR

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
55.0°F
53.0°F
+2.0°F in New York City, NY
Annual Precipitation
49.9 in
39.7 in
+10.3 in in New York City, NY

Gas

Regular Gasoline
$3.95/gal
$5.09/gal
+29% in Salem, OR

Area: New York City vs West Coast (PADD 5).

Public Transit

Base Fare (one-way)
$3.00

Adult base one-way fare — MTA vs (2026).

Utilities

Electricity (¢/kWh)
29.9
16.3
+46% in New York City, NY
Natural Gas ($/MCF)
$22.74
$20.59
+9% in New York City, NY

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.31
$4.82
+12% in Salem, OR
Bread (lb)
$1.92
$2.04
+6% in Salem, OR
Eggs (doz)
$2.19
$2.19
about equal
Ground Beef (lb)
$6.90
$7.36
+7% in Salem, OR
Chicken (lb)
$2.19
$2.01
+8% in New York City, NY
Bananas (lb)
$0.69
$0.70
about equal

Average prices — Northeast vs West (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (NY / OR)
4%
None
+4.0 pp in NY
Income Tax (top rate)
10.90%
9.90%
+1.0 pp in NY

New York City vs Salem — FAQ

Is it cheaper to live in New York City or Salem?
Salem, OR is cheaper. Its monthly baseline of $1,170 (1BR rent + utilities) runs about 42% below New York City, NY's $2,010, mainly because of rent.
How much more do you need to earn to live in New York City than in Salem?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $68,000 a year in New York City versus $40,000 in Salem.
Which has lower taxes, New York City or Salem?
New York City is taxed under New York's rules (a top state income tax rate of 10.90% and a 4% state sales tax); Salem under Oregon's (a top state income tax rate of 9.90% and no state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).