New York-Newark-Jersey City vs Lawrence

Cost of living comparison based on BEA Regional Price Parities. Lawrence is 19.8% less expensive than New York-Newark-Jersey City.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes New York-Newark-Jersey City, NY-NJ at an overall Regional Price Parity of 112.6 and Lawrence, KS at 90.2, using the U.S. national average of 100 as the reference point. That puts Lawrence 19.8% less expensive than New York-Newark-Jersey City 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, New York-Newark-Jersey City indexes goods at 110.3, services at 127.0, and rents at 148.6, while Lawrence comes in at 94.0, 89.3, and 71.6 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 New York-Newark-Jersey City has the same purchasing power as $80,171 in Lawrence based on these indexes. The two metros serve populations of roughly 19,756,722 (New York-Newark-Jersey City) and 119,547 (Lawrence), and median household incomes are $97,334 versus $68,756 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.

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

Category Breakdown

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

Visual Comparison

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

Vertical line = national average (100)

Salary Equivalents

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

In New York-Newark-Jersey City In Lawrence Difference
$50,000 $40,086 $-9,914
$75,000 $60,128 $-14,872
$100,000 $80,171 $-19,829
$150,000 $120,257 $-29,743

Use the salary calculator for custom amounts.

Metro Context

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

Frequently Asked Questions

Is Lawrence more expensive than New York-Newark-Jersey City?
Lawrence is 19.8% less expensive than New York-Newark-Jersey City. The overall cost index is 90.2 vs 112.6 (national average = 100).
What salary in Lawrence equals $100K in New York-Newark-Jersey City?
A $100,000 salary in New York-Newark-Jersey City has the same purchasing power as $80,171 in Lawrence. This is based on the BEA Regional Price Parity indexes.
How do rents compare between New York-Newark-Jersey City and Lawrence?
Rents in New York-Newark-Jersey City are indexed at 148.6 while Lawrence is at 71.6 (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