Los Angeles-Long Beach-Anaheim vs New York-Newark-Jersey City

Cost of living comparison based on BEA Regional Price Parities. New York-Newark-Jersey City is 0.9% less expensive than Los Angeles-Long Beach-Anaheim.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Los Angeles-Long Beach-Anaheim, CA at an overall Regional Price Parity of 113.6 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 0.9% less expensive than Los Angeles-Long Beach-Anaheim on a blended basket of goods, services, and rents. The raw index gap of 1.0 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, Los Angeles-Long Beach-Anaheim indexes goods at 106.6, services at 158.6, and rents at 170.4, 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 — Los Angeles-Long Beach-Anaheim 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 Los Angeles-Long Beach-Anaheim has the same purchasing power as $99,117 in New York-Newark-Jersey City based on these indexes. The two metros serve populations of roughly 13,012,469 (Los Angeles-Long Beach-Anaheim) and 19,756,722 (New York-Newark-Jersey City), and median household incomes are $93,525 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.

Los Angeles-Long Beach-Anaheim
113.6
Cost Index
New York-Newark-Jersey City
112.6
Cost Index

Category Breakdown

Category Los Angeles-Long Beach-Anaheim New York-Newark-Jersey City Difference
Overall 113.6 112.6 -1.0
Goods 106.6 110.3 +3.6
Services 158.6 127.0 -31.6
Rents 170.4 148.6 -21.8

Visual Comparison

Overall
Los Angeles-Long Beach-Anaheim
113.6
New York-Newark-Jersey City
112.6
Goods
Los Angeles-Long Beach-Anaheim
106.6
New York-Newark-Jersey City
110.3
Services
Los Angeles-Long Beach-Anaheim
158.6
New York-Newark-Jersey City
127.0
Rents
Los Angeles-Long Beach-Anaheim
170.4
New York-Newark-Jersey City
148.6

Vertical line = national average (100)

Salary Equivalents

What a salary in Los Angeles-Long Beach-Anaheim would need to be in New York-Newark-Jersey City for the same purchasing power:

In Los Angeles-Long Beach-Anaheim In New York-Newark-Jersey City Difference
$50,000 $49,558 $-442
$75,000 $74,338 $-662
$100,000 $99,117 $-883
$150,000 $148,675 $-1,325

Use the salary calculator for custom amounts.

Metro Context

Metric Los Angeles-Long Beach-Anaheim New York-Newark-Jersey City
Population 13,012,469 19,756,722
Median Income $93,525 $97,334
Data Year 2024 2024

Frequently Asked Questions

Is New York-Newark-Jersey City more expensive than Los Angeles-Long Beach-Anaheim?
New York-Newark-Jersey City is 0.9% less expensive than Los Angeles-Long Beach-Anaheim. The overall cost index is 112.6 vs 113.6 (national average = 100).
What salary in New York-Newark-Jersey City equals $100K in Los Angeles-Long Beach-Anaheim?
A $100,000 salary in Los Angeles-Long Beach-Anaheim has the same purchasing power as $99,117 in New York-Newark-Jersey City. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Los Angeles-Long Beach-Anaheim and New York-Newark-Jersey City?
Rents in Los Angeles-Long Beach-Anaheim are indexed at 170.4 while New York-Newark-Jersey City is at 148.6 (national average = 100). Los Angeles-Long Beach-Anaheim 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