USLivingCost Salaries · Rent · Cost of Living

New York, NY vs. Yonkers, NY

Median rent is $1,779 a month in New York, NY and $1,730 in Yonkers, NY. Household income is $79,713 against $81,816. Both cities are read from the same ACS 2019-2023 5-Year Estimates and the same BEA Regional Price Parities 2023, so the two columns below are directly comparable.

$
Same standard of living
A salary of $100,000 in New York, NY buys what $95,691 buys in Yonkers, NY
-$4,309 less to keep the same standard of living
Median gross rent Monthly
$1,779 $1,730 -2.8%
Median household income Annual
$79,713 $81,816 +2.6%
Median home value Owner-occupied
$751,700 $478,000 -36.4%
Rent as share of income Annual rent ÷ income
26.8% 25.4% -1.4 pp
Price level U.S. average = 100
112.5 107.6 -4.4%
Salary needed for median rent Keeps rent at 30% of gross
$71,200 $69,200 -2.8%
Rent median income carries at 30% Affordable rent
$1,993 $2,045 +2.6%
Population City proper
8,516,202 209,529 -97.5%
Equivalent salary For $100,000 in New York
$100,000 $95,691 -4.3%

A green or red badge means the second city is higher or lower, not better or worse: a lower rent is good for a tenant, a lower household income is not. For the price level and
the share of income the raw values are shown, because a percentage difference between two
percentages is easy to misread.

What the gap means

Lower rent
$1,730
Yonkers, NY · 2.8% below New York, NY
Higher household income
$81,816
Yonkers, NY · 2.6% above New York, NY
Same standard of living
$95,691
$100,000 in New York, NY needs $95,691 in Yonkers, NY
Price level gap
4.8 points
112.5 in NY against 107.6 in NY
Rent burden gap
1.4 points
Yonkers, NY versus New York, NY, share of income taken by rent
Highest buying power
92.9%
Yonkers, NY · share of the national average income that a dollar there buys

New York, NY vs Yonkers, NY: frequently asked questions

Is Yonkers, NY more expensive than New York, NY?

No. Prices in Yonkers, NY are about 4.3% lower than in New York, NY: a regional price level of 107.6 against 112.5, where the U.S. average is 100.

How much do I need to earn in Yonkers, NY to keep a $100,000 lifestyle from New York, NY?

About $95,700. Adjusting $100,000 by the BEA regional price levels of the two areas (112.5 in New York, NY, 107.6 in Yonkers, NY) gives the salary with the same purchasing power. Taxes and personal spending habits are not included.

Is rent cheaper in New York, NY or Yonkers, NY?

The median gross rent is $1,779 a month in New York, NY and $1,730 in Yonkers, NY, a difference of $49 a month or $588 a year.

Where are household incomes higher, New York, NY or Yonkers, NY?

The median household income is $79,713 in New York, NY and $81,816 in Yonkers, NY. Rent takes 26.8% of the median income in New York, NY and 25.4% in Yonkers, NY.

What salary do I need to afford the median rent in Yonkers, NY?

About $69,200 a year, the gross income that keeps the median rent of $1,730 a month at 30% of income. The same rule gives $71,200 in New York, NY.

More comparisons with New York, NY

More comparisons with Yonkers, NY

Open this pair in the interactive tool · All comparisons

Definitions used on this page

Salary needed for the median rent
Twelve months of median gross rent divided by 0.30: the income that keeps the median rent at 30% of gross pay.
Price level
BEA regional price parity for the metro area where one is published, otherwise for the state. The national average is 100.
Same standard of living
A salary in New York, NY converted into Yonkers, NY at the ratio of the two price levels. It adjusts for prices only, not for taxes or for what either city offers.
Buying power
One hundred divided by the price level: what a dollar buys locally relative to the national average.

Sources

Margins of error are published for every Census figure. Read the methodology before reading a small gap between two cities as a real difference.

Full detail for each city: New York, NY · Yonkers, NY