New York-Newark-Jersey City vs Lexington Park

Cost of living comparison based on BEA Regional Price Parities. Lexington Park is 10.5% 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 Lexington Park, MD at 100.8, using the U.S. national average of 100 as the reference point. That puts Lexington Park 10.5% less expensive than New York-Newark-Jersey City on a blended basket of goods, services, and rents. The raw index gap of 11.8 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 Lexington Park comes in at 99.7, 106.4, and 103.8 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 $89,514 in Lexington Park based on these indexes. The two metros serve populations of roughly 19,756,722 (New York-Newark-Jersey City) and 208,163 (Lexington Park), and median household incomes are $97,334 versus $123,577 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
Lexington Park
100.8
Cost Index

Category Breakdown

Category New York-Newark-Jersey City Lexington Park Difference
Overall 112.6 100.8 -11.8
Goods 110.3 99.7 -10.6
Services 127.0 106.4 -20.6
Rents 148.6 103.8 -44.8

Visual Comparison

Overall
New York-Newark-Jersey City
112.6
Lexington Park
100.8
Goods
New York-Newark-Jersey City
110.3
Lexington Park
99.7
Services
New York-Newark-Jersey City
127.0
Lexington Park
106.4
Rents
New York-Newark-Jersey City
148.6
Lexington Park
103.8

Vertical line = national average (100)

Salary Equivalents

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

In New York-Newark-Jersey City In Lexington Park Difference
$50,000 $44,757 $-5,243
$75,000 $67,136 $-7,864
$100,000 $89,514 $-10,486
$150,000 $134,271 $-15,729

Use the salary calculator for custom amounts.

Metro Context

Metric New York-Newark-Jersey City Lexington Park
Population 19,756,722 208,163
Median Income $97,334 $123,577
Data Year 2024 2024

Frequently Asked Questions

Is Lexington Park more expensive than New York-Newark-Jersey City?
Lexington Park is 10.5% less expensive than New York-Newark-Jersey City. The overall cost index is 100.8 vs 112.6 (national average = 100).
What salary in Lexington Park equals $100K in New York-Newark-Jersey City?
A $100,000 salary in New York-Newark-Jersey City has the same purchasing power as $89,514 in Lexington Park. This is based on the BEA Regional Price Parity indexes.
How do rents compare between New York-Newark-Jersey City and Lexington Park?
Rents in New York-Newark-Jersey City are indexed at 148.6 while Lexington Park is at 103.8 (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