CostIndexUSA

New York, NY vs Olympia, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
New York
112.6
overall index
$3,225/mo rent
More AffordableWA
Olympia
103.7
overall index
$2,025/mo rent

Olympia is moderately cheaper than New York — 7.9% lower overall cost of living.

To match an $80,000 salary in New York, you would need $73,700 in Olympia. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing21.5%
New York
148.6
Olympia
116.7
🛒 Groceries4.8%
New York
110.3
Olympia
105
🚗 Transportation6.0%
New York
111.1
Olympia
104.4
🏥 Healthcare6.0%
New York
100.5
Olympia
94.5
Utilities27.8%
New York
127
Olympia
91.7

Salary Equivalency Calculator

Enter your current salary in New York to see what you'd need to earn in Olympia to maintain the same purchasing power.

$
Equivalent salary in Olympia, WA
$73,700
$6,300 less needed in Olympia

Formula: salary × (103.7 ÷ 112.6) = salary × 0.9210. Based on BEA Regional Price Parities.

Housing Market

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

New York has 21.5% lower housing costs compared to Olympia.

Income & Job Market

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

New York, NY
2.5×income-to-rent ratio

59% of income left after rent (median)

Olympia, WA
3.8×income-to-rent ratio

74% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.