New York, NY vs Riverside, CA
Cost of living comparison · 2023 Census ACS data
Quick Summary
Riverside comes out ahead on the two metrics that matter most for relocation math: housing runs 28% cheaper than New York, and median household income runs 10% higher. That combination is uncommon — usually one trades off the other.
Median Home Value
$751,700
$542,100 ✓
Zillow Home Value
$812,534
$639,786
Median Gross Rent
$1,779/mo ✓
$1,812/mo
Owner Occupied %
32.8%
56.3%
Price-to-Rent Ratio
35.2x
24.9x
Median Household Income
$79,713
$88,575 ✓
Per Capita Income
$50,776
$33,716
Unemployment Rate
7.7%
6.0% ✓
Poverty Rate
17.4%
12.5%
Avg Commute (min)
44.8 min
34.5 min
Drove Alone %
21.9%
74.7%
Public Transit %
45.5%
1.5%
Work From Home %
15.0%
9.3%
State Income Tax
10.9%
13.3%
Total Sales Tax
8.5% ✓
8.7%
Property Tax Rate
1.7%
0.7%
Bachelor's Degree %
23.6%
15.3%
Median Age
38
33.1
Avg High Temp
62.6°F
79.5°F
Annual Precipitation
49.5"
9.4"
Annual Snowfall
29.8"
—
New York, NY 2 wins
- ✓Median Gross Rent
- ✓Total Sales Tax
Riverside, CA 3 wins
- ✓Median Home Value
- ✓Median Household Income
- ✓Unemployment Rate
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