![]() In other words, it could be considered a more affordable city to live in. When a city has a COLI below 100, that means it is a certain percentage below the national average cost of living. This means that the cost of living in Los Angeles is 53.6 percent higher than the national average. In other words, it could be considered a more expensive city to live in. If a city has a COLI above 100, that means it is a certain percentage over the national average. Cities that are in line with or closest to the average cost of living in the U.S. This means that if an area’s cost of living is on par with the national average, its cost of living index (COLI) is 100. Must be all those potholes.Set a budget for your new place Sign up for Mintīased on our index, the average U.S. New York came in at number 9, just ahead of Chicago. Even with all those hills! SF was beat out only by Minneapolis and Portland, OR. Bikeability: San Francisco WinsĪccording to Bike Score, which gives a quantitative measure of city’s bikeability based on the number of bike lanes, topography, road connectivity, nearby amenities, and the amount of people who bike to work, San Francisco is the third most bikeable city in the U.S. San Francisco currently ranks at number 57 of all cities measured in the world, while New York ranks at number 140. The quality of life index is an average of several different indices, including purchasing power, safety, health care, cost of living, property price-to-income ratio, traffic commute time, pollution and climate. Quality of Life Index: California Clearly Wins However, both cities are well above the national average of 26.1 minutes. Average Commute Time: It’s CloseĪccording to the American Community Survey, in 2017, there was a roughly five-minute difference between the average one-way commute time in San Francisco and New York. According to the website, the median salary for this employee demographic is $87,096 in SF and $69,418 in NYC. Payscale, a site that averages salaries for jobs that require bachelor’s degrees in both states, shows a smaller gap. ![]() Census Bureau, the median household income for San Franciscans is about $38,000 higher than the median household income in New York City. Average Salary and Income: People Earn More in SFĪccording to the U.S. An unlimited monthly SmartLink card, which allows access to the PATH, costs $89. Eastern New Jersey commuters can take the PATH train for $2.75 a ride. Commuters who live in the northern suburbs and Connecticut can take MetroNorth, which costs between $60 and $500 for a monthly pass, depending on the line and length of the commute. Commuters who use the Long Island Rail Road will pay between $140 and $500 every month for an unlimited pass. Commuters who rely on the subway every day will opt for an unlimited MetroCard, at $121 per month, which nets out to $1,452 annually. In New York, a ride on the subway costs $2.75. According to its website, a monthly pass costs $78, or $94 with access to BART within San Francisco. Within the city itself, the SFMTA, known as “Muni,” runs trains, buses, and of course, historic cable cars. Depending on the distance, monthly passes can cost between $96 and $433 per month. Similar to the Long Island Railroad and New Jersey Transit, BART (Bay Area Rapid Transit) and CalTrain run to cities outside San Francisco, such as Oakland, Fremont and San Jose. In the Bay Area, there are several public transportation options for commuters who live outside the city limits. Cost of Public Transportation: You Save in SF That makes the median price per square foot in NYC $879, compared to San Francisco’s $1,100. According to the 2017 American Housing Survey, the median size of a home in San Fransisco is 1,250 square feet, while the median square footage in New York is 1,150. ![]() ![]() Median Sale Price: NYC Homes Are Cheaper, But Smallerįor those looking to buy, New York offers more bang for your buck. But while neither city has a particularly affordable median rent, New York’s is lower by far. ![]() The median rent for a 1-bedroom in both San Francisco and New York is higher than Zillow’s nationwide rent index, last recorded at $1,324 per month. Let’s take a look! Median Rent for 1-Bedroom: NYC Is Much Cheaper From the East Coast to West Coast, we consider housing costs, incomes, transportation, and even bikeability. Today, we’re comparing the cost of living in NYC versus San Francisco. To help size them up, we present the StreetEasy Cost of Living Calculator. Making the big move from one city to another is a difficult decision, with plenty of factors to consider. The cost of a 1-bedroom rental is lower in NYC. ![]()
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