Walkability and public transit scores were obtained from, Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Washington is ranked NO. Here's how to know how much you really need. Cities ranked 44th and 69th ( $2865 vs $2734) in the list of the most expensive cities in the world and ranked 35th and 57th in the United States. Thinking about moving to another city? Entertainment: A movie ticket, a pint of beer, box seats at a baseball game they can all come with a different price tag depending upon where you live. Whether you use a cost of living index or a cost of living calculator, each will help you feel more confident in deciding where to live. To help size them up, we present the StreetEasy Cost of Living Calculator. The average after-tax salary is enough to cover living expenses for 1.6 months in New York City compared to 2.1 months in Seattle. There are ways to save money on your food expenses if you plan carefully. Cable News Network. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Price collection by city is conducted in strict conformance with standard specifications at specified times. Seattle. Commuters who live in the northern suburbs and Connecticut can take MetroNorth, which costs between $60 and $500 for a monthly pass, depending on the line and length of the commute. All financial products, shopping products and services are presented without warranty. Cost of Living Indexes: Seattle, WA: New York, NY: Difference: Overall Index: Homeowner, No Child care, Taxes Not Considered: 167.8: 168.6: 0.5% . Health related expenses are 44.7% more in New York. According to the U.S. Bureau of Labor Statistics, the largest bill consumers pay each month is for housing. From northwest to northeast, we consider housing costs, incomes, transportation, and even coffee between the home of Amazon HQ1 and the future home of Amazon HQ2. We help you decide by comparing all the largest . Seattle has the 10th cost of living in the United States ranking at 89.33 on the cost of living index. And it adds up. The average one-way commute time in America is 26.1 minutes, according to the U.S. Census Bureau. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. The average cost of living in Seattle is $2881, which is in the top 0.7% of the most expensive cities in the world, ranked 64th out of 9294 in our global list, 52nd out of 2202 in the United States and 3rd out of 54 in Washington. Seattle . For example, the cost of living in San Francisco is twice that of Boise, Idaho. Pre-qualified offers are not binding. Current cityIf you can't find a city, you can type the state name to see all cities available in that state. So the values may vary little lower or higher from the actual values. New York. Some colleges and universities with Childhood Education programs also may have day care centers available at reduced costs, so you should explore those possibilities to see if you can reduce your child care expense. Once you understand what they cover, they'll look less overwhelming. Kaiser Permanente, a large California-based health care group with 39 hospitals and 24,000 doctors, said on Wednesday that it expected to acquire Geisinger Health, a smaller East Coast . A low rate can save you hundreds each year. Cost of living is the amount of money you need to sustain a certain lifestyle in a given place. Items on which the index is based have been carefully chosen to reflect the different categories of consumer expenditures., C2ER was founded in 1961, and continues to exist today as a nonprofit organization, comprising research staff of chambers of commerce, economic development organizations and agencies, and related organizations throughout the United States. C2ER has published its quarterly Cost of Living Index since 1968. 2021 A two-bedroom apartment averages out to $2,055 per . . And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. Towels, soap, a few basic kitchen utensils and food items like crackers, tea, juice, will make your new location functional as soon as you arrive and fell more like home. A full half of the city's . View all the prices in Seattle, Washington: Detailed prices in Seattle, Washington >>, Basic lunchtime menu (including a drink) in the business district, Combo meal in fast food restaurant (big mac meal or similar), 500 gr (1 lb.) This information may be different than what you see when you visit a financial institution, service provider or specific products site. When evaluating offers, please review the financial institutions Terms and Conditions. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. The expenses that factor into cost of living can include housing affordability, transportation expenses, food prices and entertainment costs. OK92033) Property & Casualty Licenses, NerdWallet | 55 Hawthorne St. - 11th Floor, San Francisco, CA 94105. In this video, we'll . Do not sell or share my personal information. Our partners compensate us. A low rate can save you hundreds each year. New York is ranked NO. NerdWallet strives to keep its information accurate and up to date. Ask your employer if they offer discounted passes to save even more money and reduce your cost of commuting and overall, from Seattle, WA with a salary of $60,000, View Minimum Wage Values in Seattle and New York Compared with the Cost of Living. All financial products, shopping products and services are presented without warranty. Sources: Wikipedia, CIA World Factbook, 2023. income inequalities. This can vary depending on the time of day, day of week, and the weather and road conditions. Mortgage preapproval is the smartest hack to homebuying and among the most misunderstood. Here's what lenders want before they'll preapprove you for a home loan. NerdWallets cost of living calculator is powered by data from The Council for Community and Economic Research (C2ER). But even then, the price of groceries is going to significantly influence your cost of living. Before you get the keys to your new home, you'll have to pay closing costs. NerdWallet Compare, Inc. NMLS ID# 1617539, NMLS Consumer Access|Licenses and Disclosures, California: California Finance Lender loans arranged pursuant to Department of Financial Protection and Innovation Finance Lenders License #60DBO-74812, Property and Casualty insurance services offered through NerdWallet Insurance Services, Inc. (CA resident license no. Do Not Sell. The median square footage of a home in Seattle is 1,420 square feet, according to the 2017 American Housing Survey. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. , a nationwide ratings system that evaluates schools based on performance on state achievement tests. And it adds up. At different times of the year you can get local produce for low prices at roadside stands or farmers markets. You may be tempted to unpack everything when you arrive, but make sure you take a break from unpacking to spend time playing and relaxing with your child. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. The quality of life index is an average of several different indices, including purchasing power, safety, health care, cost of living, property price-to-income ratio, traffic commute time, pollution and climate. So how do we make money? Compare the cost of living in Seattle, WA vs. New York (Manhattan), NY and see how far your salary will go to maintain your standard of living. Privacy Policy. Theres also maintenance, upgrades, taxes and fees to take into account when deciding where to live. Private school data was obtained from the Department of Education, and average private tuition was compiled by averaging tuition across randomly selected schools in each city. This allows riders to pay for the bus, Link light rail trains, the Sounder train, the Seattle streetcar and the King County water taxi. Terms of Use and Seattle's median home price is $851,400, which is about 192% higher than the national average of $291,700. While renting may often be better than buying in the Seattle area, it isn't necessarily cheap. To ship furniture from Seattle to New York City with a mover will cost between $1,763 to $7,436. Seattle comes in eigth. Pricing for various packages can vary a lot even in the same location. The calculations are based on the total cost of energy, food, healthcare, housing and transportation, among other factors. All financial products, shopping products and services are presented without warranty. That comes out to about $130 per month for adults who commute each way to work. According to the latest BLS data, consumers average over $7,000 per year on food expenses. The median rent for a 1-bedroom in both Seattle and New York is higher than Zillows nationwide rent index, which was last recorded at$1,311 per month. Monthly bus pass costs were obtained from the individual websites of the public transit system for each city. To maintain your standard of living in New York (Manhattan), NY, you'll need a household income of: The cost of living is 59% higher in New York (Manhattan), NY, See New York (Manhattan)s complete City Life page. Price collection by city is conducted in strict conformance with standard specifications at specified times. Americans spend nearly the same amount each year on entertainment as they do on health insurance, according to the BLS. Get your true budget and find a home with ease. According to the BLS, transportation is the second-largest expense consumers have.For some, these costs include taking public transportation. Disclaimer: NerdWallet strives to keep its information accurate and up to date. Once you understand what they cover, they'll look less overwhelming. These prices were last updated on May 01, 2023. The average rent in Seattle is $2,334, regardless of the number of bedrooms. The cost of living in New York, New York is essentially the same as Seattle, Washington. Get free guidance on changes you can make to afford more home, without spending more. This is the tax that you will pay on things that you buy. This price can vary a lot if the distance is greater and depending on how much is being moved. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. vs. $2881. Because the price of goods and services varies from one city to the next, calculating the cost of living will determine how affordable it is to live in a certain area. For others, it involves driving your car, and that means factoring in car repairs, gas, tolls and parking. For example, the cost of living in San Francisco is twice that of Boise, Idaho. Plan on packing a special bag to take with you with those items that you will need first.