Is LA more expensive than NYC?

Although NYC and LA are high-cost states, the cost of living is generally higher in NYC compared to LA. Salary.com places a 27.9% difference between both cities because a $9,000 standard of living in New York is equal to $6,200 standard of living in Los Angeles.



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You would need around 7,301.6$ (5,994.3£) in London to maintain the same standard of life that you can have with 7,900.0$ in Los Angeles, CA (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare the cost of living and assume net earnings (after income tax).

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Of the 2,604 billionaires in the world, 105 of them live in New York City. That puts New York ahead of any other city around the globe and even ahead of almost every country, with the exception of China and Germany, data firm Wealth-X reports in its 2019 Billionaire Census.

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