New York, NY vs San Jose, 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 $3,446/mo in San Jose, CA, 19% ($666/mo) less. Over a year that is $7,992 more in rent for the same size unit.
Income Needed
To rent a 2-bedroom without exceeding the 30% rule, you need about $137,840/year in San Jose, CA versus $111,200/year in New York, NY — a $26,640 difference in required salary.
Home Prices
The median home costs $817,745 in New York, NY versus $1,438,450 in San Jose, CA — 76% higher. Buyers priced out of San Jose, CA may find New York, NY more attainable.
Select Cities (2/3)
New York, NY
San Jose, CA
| Metric | New York NY | San Jose CA |
|---|---|---|
| Studio Rent | $2,406✓ | $2,608 |
| 1BR Rent | $2,511✓ | $2,975 |
| 2BR Rent | $2,780✓ | $3,446 |
| 3BR Rent | $3,465✓ | $4,477 |
| 4BR Rent | $3,738✓ | $4,878 |
| Median Home Value | $817,745✓ | $1,438,450 |
| Price per sqft | — | — |
| Median Income | $97,334✓ | $157,444 |
| Income to Rent 2BR | $111,200/yr✓ | $137,840/yr |