Lawrence vs New York-Newark-Jersey City

Cost of living comparison based on BEA Regional Price Parities. New York-Newark-Jersey City is 24.7% more expensive than Lawrence.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Lawrence, KS at an overall Regional Price Parity of 90.2 and New York-Newark-Jersey City, NY-NJ at 112.6, using the U.S. national average of 100 as the reference point. That puts New York-Newark-Jersey City 24.7% more expensive than Lawrence on a blended basket of goods, services, and rents. The raw index gap of 22.3 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Lawrence indexes goods at 94.0, services at 89.3, and rents at 71.6, while New York-Newark-Jersey City comes in at 110.3, 127.0, and 148.6 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - New York-Newark-Jersey City carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Lawrence has the same purchasing power as $124,733 in New York-Newark-Jersey City based on these indexes. The two metros serve populations of roughly 119,547 (Lawrence) and 19,756,722 (New York-Newark-Jersey City), and median household incomes are $68,756 versus $97,334 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Lawrence
90.2
Cost Index
New York-Newark-Jersey City
112.6
Cost Index

Category Breakdown

Category Lawrence New York-Newark-Jersey City Difference
Overall 90.2 112.6 +22.3
Goods 94.0 110.3 +16.2
Services 89.3 127.0 +37.7
Rents 71.6 148.6 +77.0

Visual Comparison

Overall
Lawrence
90.2
New York-Newark-Jersey City
112.6
Goods
Lawrence
94.0
New York-Newark-Jersey City
110.3
Services
Lawrence
89.3
New York-Newark-Jersey City
127.0
Rents
Lawrence
71.6
New York-Newark-Jersey City
148.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Lawrence would need to be in New York-Newark-Jersey City for the same purchasing power:

In Lawrence In New York-Newark-Jersey City Difference
$50,000 $62,367 +$12,367
$75,000 $93,550 +$18,550
$100,000 $124,733 +$24,733
$150,000 $187,100 +$37,100

Use the salary calculator for custom amounts.

Metro Context

Metric Lawrence New York-Newark-Jersey City
Population 119,547 19,756,722
Median Income $68,756 $97,334
Data Year 2024 2024

Frequently Asked Questions

Is New York-Newark-Jersey City more expensive than Lawrence?
New York-Newark-Jersey City is 24.7% more expensive than Lawrence. The overall cost index is 112.6 vs 90.2 (national average = 100).
What salary in New York-Newark-Jersey City equals $100K in Lawrence?
A $100,000 salary in Lawrence has the same purchasing power as $124,733 in New York-Newark-Jersey City. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Lawrence and New York-Newark-Jersey City?
Rents in Lawrence are indexed at 71.6 while New York-Newark-Jersey City is at 148.6 (national average = 100). New York-Newark-Jersey City has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial