Hoboken, NJ vs New York, NY: Cost of Living Comparison
New York has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Hoboken | New York | Cheaper |
|---|---|---|---|
| Overall cost of living | 201 | 161 | New York |
| Housing | 250 ($1,973) | 216 ($1,245) | New York |
| Transportation | 100 ($3.50) | 108 ($3.50) | Hoboken |
| Food & groceries | 237 ($972) | 107 ($439) | New York |
| Utilities | 175 ($450) | 158 ($389) | New York |
| Healthcare | 175 ($325) | 158 ($281) | New York |
| Median annual wage | 121 ($58,570) | 123 ($59,670) | Hoboken |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Hoboken, NJ or New York, NY cheaper to live in?
New York, NY is cheaper overall by about 40 index points (Hoboken, NJ: 201, New York, NY: 161; 100 = US national average).
What salary do I need in Hoboken, NJ vs New York, NY?
A single adult needs roughly $70,350/year in Hoboken, NJ and $56,350/year in New York, NY to cover basic living costs.