New York, NY vs San Francisco, CA
Compare rent, home prices, and affordability for up to 3 US cities.
The Verdict
New York, NY is cheaper — a 2-bedroom averages $2,780/mo versus $3,318/mo in San Francisco, CA, 16% ($538/mo) less. Over a year that is $6,456 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $132,720/year in San Francisco, CA versus $111,200/year in New York, NY — a $21,520 difference in required salary.
Home Prices
The median home costs $817,745 in New York, NY versus $1,393,773 in San Francisco, CA — 70% higher. Buyers priced out of San Francisco, CA may find New York, NY more attainable.
Select Cities (2/3)
New York, NY
San Francisco, CA
| Metric | New York NY | San Francisco CA |
|---|---|---|
| Studio Rent | $2,406 | $2,275✓ |
| 1BR Rent | $2,511✓ | $2,780 |
| 2BR Rent | $2,780✓ | $3,318 |
| 3BR Rent | $3,465✓ | $4,138 |
| 4BR Rent | $3,738✓ | $4,399 |
| Median Home Value | $817,745✓ | $1,393,773 |
| Price per sqft | — | — |
| Median Income | $97,334✓ | $133,780 |
| Income to Rent 2BR | $111,200/yr✓ | $132,720/yr |