Data / Cost of living (regional price parity) / New York

Cost of living (regional price parity) in New York

Cost of living (regional price parity) in New York was 107.9 index in 2024, according to the U.S. Bureau of Economic Analysis. That is up 0.1 from 2023. That is the 5th highest of 51 states in 2024.

2024, index107.9
Change on 2023+0.1
Rank5th of 51US states ranked
Series high111.42008
Series low107.62022

Cost of living (regional price parity) in New York, 2008 to 2024

CSVChart (SVG)

1071081091101111122008201120142017202020242008: 111.4 index2009: 111 index2010: 109.7 index2011: 110.8 index2012: 109.6 index2013: 109.7 index2014: 108.9 index2015: 109.6 index2016: 110.1 index2017: 110 index2018: 109.5 index2019: 109.4 index2020: 110.1 index2021: 109.6 index2022: 107.6 index2023: 107.8 index2024: 107.9 index
index. Source: BEA. Retrieved 2026-10-09, published 2026-02-19.
All 17 values
Periodindex
2024107.9
2023107.8
2022107.6
2021109.6
2020110.1
2019109.4
2018109.5
2017110
2016110.1
2015109.6
2014108.9
2013109.7
2012109.6
2011110.8
2010109.7
2009111
2008111.4

Compared with United States

Place2024
New York107.9
United States100

Rankings

Definition

Regional price parity for all items: the average price level of goods and services in a state, including housing rents, as a percentage of the national price level (United States = 100). A value of 110 means prices are 10% above the US average.

Compares price levels across places in the same year; it is not inflation. Each year is benchmarked to that year's national average, so a change over time shows a state moving relative to the US, not prices rising.

How to cite

U.S. Bureau of Economic Analysis. SARPP: regional price parities by state, all items (United States = 100). https://apps.bea.gov/regional/zip/SARPP.zip. Retrieved 2026-10-09.

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Questions

What is the cost of living in New York?

Cost of living (regional price parity) in New York was 107.9 index in 2024, according to the U.S. Bureau of Economic Analysis. That is up 0.1 from 2023. That is the 5th highest of 51 states in 2024.

Where does this figure come from?

U.S. Bureau of Economic Analysis. SARPP: regional price parities by state, all items (United States = 100). Retrieved by Invokely on 2026-10-09.

What was the highest cost of living in New York?

111.4 index in 2008, the highest value since 2008 in this series.

More statistics for New York

All statistics for New York