Cost of Living: New York, NY vs New Haven, CT (2026)

New York

New York
166
VS

New Haven

Connecticut
95

New York is 75% more expensive than New Haven.

$1,779/mo ↑ 23%
Median Rent
$1,442/mo ↓ 19%
$79,713/yr ↑ 48%
Median Income
$53,771/yr ↓ 33%
$751,700 ↑ 202%
Home Value
$249,000 ↓ 67%
$1,837/mo ↑ 21%
Owner Costs
$1,520/mo ↓ 17%
8,516,202
Population
132,893

Tax Comparison

10.9%
Income Tax
6.99%
4.0%
State Sales Tax
6.35%
1.62%
Property Tax
2.15%

Affordability

26.8%
rent-to-income
Affordability
32.2%
rent-to-income

Detailed Comparison

When comparing New York, NY and New Haven, CT, the overall cost of living indices are 166 and 95 respectively (national median = 100). Rent is $337/month cheaper in New Haven, saving renters about $4,044/year.

Median household income is $25,942/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $249,000 in New Haven.

Connecticut has a lower income tax rate, making New Haven slightly more tax-friendly.

Frequently Asked Questions

New York vs New Haven — common questions

Is New York or New Haven cheaper to live in?
Based on our cost index, New Haven is cheaper to live in with an index of 95 compared to 166 (US average = 100).
What is the rent difference between New York and New Haven?
Median rent in New York is $1,779/month and in New Haven it's $1,442/month — a difference of $337/month.
Which city has higher income, New York or New Haven?
Median household income is $79,713 in New York and $53,771 in New Haven. Median household income is $25,942/year higher in New York.
How do taxes compare between New York and Connecticut?
New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to New York or New Haven?
It depends on your priorities. New York has a cost index of 166 with median rent of $1,779/mo, while New Haven has a cost index of 95 with rent of $1,442/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View New York details → View New Haven details →

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