Is  LA cheaper than NYC?

If you dream of fulfilling the American dream surely among your options are two of the most cosmopolitan and important cities in the U.S., here we will tell you Is LA cheaper than NYC?

Both Los Angeles and New York are cities that almost everyone knows, for this reason there are many people who want to live in one of these cities, especially for its developed labor market, coupled with this, the most popular Hollywood series and movies are filmed in both cities, so it is not difficult to imagine walking through its wide streets while enjoying its lively atmosphere and cultural diversity.

But before making a hasty decision it is necessary to find out which city is more convenient for you, that’s why we will tell you Is LA cheaper than NYC ?

Here’s everything you need to know about Is LA cheaper than NYC

There are few people who do not know Los Angeles and New York and both cities are iconic in the American culture and more precisely in the Hollywood show business.

Many people might consider both cities to be chaotic and big, however, when you get used to their hustle and bustle, you could live the best experiences. Here are the details about Is LA cheaper than NYC?

How much does it cost to live in Los Angeles

Los Angeles is one of the most iconic cities in the United States and at the same time, because it is a big metropolis it is quite expensive, here we leave you an approximate of what you have to spend if you live in Los Angeles:

Lodging

In LA, the price of real estate is quite expensive, especially in the most prestigious areas such as Bel Air and Beverly Hills, and these areas have houses that cost more than 1 million dollars.

On the other hand, the rental prices in middle class areas are in 1600 dollars, if you want to save money we recommend you to rent a room, which has an approximate cost of 1000 dollars per month.

Services

In addition to the rent, you will have to pay for basic utilities, which cost approximately $150 per month.

Food

For food you will spend around 250 dollars, while if you go to a restaurant the food can cost between 12 to 50 dollars.

Transportation

Transportation in this city is also expensive and every major area is far away from each other. The cost of the subway or bus is 1.5 dollars, you can buy a monthly pass, which costs 75 dollars per month.

If you want to know which city in Los Angeles is more expensive this will interest you: Is Bel Air safer than Beverly Hills? 

How much does it cost to live in New York?

Many people want to live in the Big Apple, but it is one of the most expensive cities in the country, and if you are wondering, Is LA cheaper than NYC? Well, New York is even more expensive than Los Angeles, here we will specify the cost of living in New York:

Lodging

The first thing you should know is that renting an apartment in New York is not easy, because it is necessary to prove that your annual income is 40 or 45 times the rental price of the property you are looking to rent. And this way they make sure that you will be able to afford the place, besides, you will have to pay three months in advance, one month security deposit and the first month’s rent.

A studio in New York can cost 2500 dollars a month if you are in Manhattan, while a one-bedroom apartment is between 3000 to 4000 dollars, in Brooklyn studios are usually in 2000 dollars and if you prefer to share a house due to the high prices you will have to pay approximately 1200 to 1500 dollars for a room in a shared apartment in areas such as Brooklyn and Queens.

Services

In addition to renting housing, you will have to pay for basic utilities such as gas and electricity which usually cost $100 to $200 per month, while a telephone rental is between $40 to $80 and if you want internet access you will have to spend $120.

If you want to know everything about Los Angeles, this will interest you:What part of LA is wealthy? 

Transportation

To move around in New York it is necessary to acquire a MetroCard, this is a card that lasts 30 days and has a cost of 132 dollars.

Food

Food is expensive, however, it can be more or less expensive depending on the area where you are, for example in Manhattan supermarkets are more expensive than in other areas of the city. The weekly estimate is $100 to $150 per person.

Here is everything you need to know about: What city has the cheapest rent in Los Angeles? 

So to the question Is LA cheaper than NYC? The answer is yes, Los Angeles is a less expensive city than New York.