Cheapest Cities Near New York (2026)

New York has a cost of living index of 187 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Flint, MI59% cheaper
COL: 771BR: $880/moSave $2,620/mo on rent
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2
McAllen, TX58% cheaper
COL: 781BR: $950/moSave $2,550/mo on rent
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3
Jackson, MS58% cheaper
COL: 791BR: $1,000/moSave $2,500/mo on rent
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4
Springfield, MO58% cheaper
COL: 791BR: $950/moSave $2,550/mo on rent
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5
Laredo, TX58% cheaper
COL: 791BR: $950/moSave $2,550/mo on rent
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6
Evansville, IN57% cheaper
COL: 801BR: $990/moSave $2,510/mo on rent
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7
Topeka, KS57% cheaper
COL: 801BR: $940/moSave $2,560/mo on rent
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8
El Paso, TX57% cheaper
COL: 801BR: $1,050/moSave $2,450/mo on rent
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New York at a glance

187
COL index
100 = US avg
$3,500
1BR rent
per month
$750K
Home price
median
6.9%
State tax
income

Cities with similar cost of living

Honolulu, HICOL: 186San Jose, CACOL: 189San Francisco, CACOL: 194Los Angeles, CACOL: 173

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only