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Cost of Living: New York vs Cleveland

How expensive is Cleveland compared with New York City? Overall prices, rent, goods, utilities and services in the Cleveland, OH metro area versus the New York metro area, plus the salary you’d need to live the same way.

Cleveland is 17% cheaper than New York
Cost of living index 83 (New York metro = 100) · 2024

Salary converter

Same lifestyle in Cleveland
$83,440
You’d need $16,560 less per year
≈ $99,472 in New York buys the same standard of living.

Before taxes. Income tax, sales tax and benefits differ a lot between places and aren’t included.

Where the difference comes from

Rent & housing
47% cheaper
Goods (groceries, clothing, etc.)
15% cheaper
Utilities
24% cheaper
Other services (healthcare, dining, transport…)
7% cheaper
New York metroCleveland metro

Bars show each category’s price level relative to the US average (BEA Regional Price Parities, 2024). Rent is usually the biggest driver.

The numbers

Metro area
Cleveland, OH
Price level vs US average
93.9 (New York: 112.6)
Rent vs US average
79.4 (New York: 148.6)
Source
U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Frequently asked questions

Is Cleveland cheaper than New York?

Yes. Cleveland is 17% cheaper than the New York metro area overall (index 83, New York = 100).

What salary in Cleveland equals $100,000 in New York?

About $83,440 a year buys the same standard of living in Cleveland as $100,000 in the New York metro area, before taxes.

How do rents in Cleveland compare with New York?

Rents and housing costs in the Cleveland, OH metro area are 47% cheaper than the New York metro area (BEA, 2024).

Where does this data come from?

U.S. Bureau of Economic Analysis Regional Price Parities for 2024, which compare the price of the same basket of goods, rents, utilities and services across US metro areas.

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