F
123%
Overall NAT. AVG.
27%
Goods & Services NAT. AVG.
367%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Murray Hill New York New York
Cost of living223169117
Goods & Services127127108
Groceries113113102
Health care121121103
Housing467288145
Transportation115115105
Utilities102102100
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Cost Of Living Quick Facts

  • The cost of living in Murray Hill is 91% higher than the New York average
  • The cost of living in Murray Hill is 123% higher than the national average
  • Murray Hill housing is 367% higher than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Murray Hill

30 km
20 mi
Murray Hill Your current location Population: 10,008 F Mott Haven Neighborhood: 5.2mi / 8.4km away Population: 51,253 A High Bridge Neighborhood: 6.5mi / 10.4km away Population: 39,263 A Hunts Point Neighborhood: 6.5mi / 10.5km away Population: 11,425 A- University Heights Neighborhood: 8.7mi / 14.0km away Population: 53,395 A- Morris Heights Neighborhood: 7.8mi / 12.5km away Population: 43,069 B+ Fordham Neighborhood: 8.9mi / 14.3km away Population: 48,002 B+ Bedford Park Neighborhood: 9.8mi / 15.8km away Population: 55,901 B+ Tremont Neighborhood: 8.2mi / 13.2km away Population: 55,743 B Washington Heights Neighborhood: 7.2mi / 11.5km away Population: 170,572 B- South Bronx Neighborhood: 6.7mi / 10.8km away Population: 94,230 B- Hamilton Heights Neighborhood: 5.3mi / 8.5km away Population: 48,477 C+ Kings Bridge Neighborhood: 9.9mi / 15.9km away Population: 36,668 C Mount Pleasant Neighborhood: 10.0mi / 16.1km away Population: 7,187 D+ East Harlem Neighborhood: 4.0mi / 6.4km away Population: 121,147 D Inwood Neighborhood: 8.7mi / 14.0km away Population: 40,035 D Soundview Neighborhood: 7.6mi / 12.3km away Population: 84,966 D Flatbush Neighborhood: 6.0mi / 9.7km away Population: 129,617 D- Lower East Side Neighborhood: 2.3mi / 3.7km away Population: 79,738 D- Parkchester Neighborhood: 9.4mi / 15.1km away Population: 40,838 F Country Club Neighborhood: 11.2mi / 18.1km away Population: 7,843 F North Broadway Neighborhood: 9.7mi / 15.7km away Population: 10,921 F North Ironbound Neighborhood: 9.4mi / 15.2km away Population: 43,436 F Williams Bridge Neighborhood: 10.0mi / 16.2km away Population: 56,005 F Greenville Neighborhood: 6.8mi / 10.9km away Population: 48,963 F Brownsville Neighborhood: 7.6mi / 12.3km away Population: 47,457 F
See all the best places to live around Murray Hill

Compare New York, NY Cost of Living

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      Salary Calculator

          This is how much you would need to earn in
          Price difference in compared to
          Cost of living index
          Goods & Services index
          Groceries index
          Health care index
          Housing index
          Transportation index
          Utilities index

          Median Income & Debt-To-Income Ratio

          Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
          Household$148,759$12,397$3,471$4,463

          New York Sales Tax

          State General Sales Tax With Max Surtax
          New York 4% 8.875%

          New York Income Tax

          State Income Tax (Low) Income Tax (High)
          New York 4% 10.9%

          Goods & Services

          Item New York National avg. Difference
          Haircut $34.94$24.2644.0%
          Beauty Salon $64.07$45.5640.6%
          Toothpaste $3.96$3.707.0%
          Shampoo $1.69$1.2832.3%
          Movie $13.68$12.1312.8%
          Bowling $29.40$18.0063.3%

          Groceries

          Item New York National avg. Difference
          Ground Beef $5.87$5.840.6%
          Fried Chicken $1.46$1.576.9%
          Milk $4.97$4.676.3%
          Potatoes $5.21$4.935.7%
          Pizza $12.57$12.094.0%
          Beer $11.87$10.4114.0%

          Health Care

          Item New York National avg. Difference
          Optometrist $128.97$125.682.6%
          Doctor $162.24$135.7819.5%
          Dentist $149.64$113.2932.1%
          Ibuprofen $11.15$10.654.6%
          Lipitor $402.75$468.6014.1%

          Housing

          Item New York National avg. Difference
          Home Price $635,200.00$184,700.00243.9%
          Avg. Mortgage Payment $6,916.73$2,346.69194.7%
          Apartment Rent $1,489.00$949.0056.9%

          Transportation

          Item New York National avg. Difference
          Gasoline $3.55$3.462.5%
          Tire Balancing $86.43$59.9244.2%

          Utilities

          Item New York National avg. Difference
          All Electricity $201.27$193.993.8%
          Phone $200.67$192.254.4%
          Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

          Nearby cities with low cost of living

          City Population Cost of Living Index National Avg.
          East Orange, NJ64,65011111.1%
          Roselle, NJ21,69911212.0%
          Silver Lake CDP (Warren County), NJ32011313.2%
          Newark, NJ281,91711414.0%
          Paterson, NJ145,48411515.3%
          New York, NY8,379,55216969.4%

          Cities with similar population

          City Population Cost of Living Index National Avg.
          Los Angeles, CA3,973,27817271.6%
          Toronto, ON3,013,752n/a 
          Chicago, IL2,699,34711414.1%
          New York, NY8,379,55216969.4%
          Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.