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City Comparison · 2026

Boston vs New York City

Salary, rent, taxes, and purchasing power compared

Purchasing Power

$100k in Boston = $110k in New York City

Metric
Boston
New York City
COL Index
1.93
2.13
1BR Monthly Rent
$2,900/mo
$3,500/mo
2BR Monthly Rent
$3,700/mo
$4,500/mo
State Income Tax
MA
NY
$100k Take-Home
$73,736
$73,522
$100k Effective Rate
26.26%
26.48%
$100k Savings Potential
$38,936
$31,522

After-Tax Income by Salary

Gross SalaryBoston
MA
New York City
NY
$60,000$47,248
$3,937/mo · 21.25% eff.
$47,420
$3,952/mo · 20.97% eff.
$100,000$73,736
$6,145/mo · 26.26% eff.
$73,522
$6,127/mo · 26.48% eff.
$150,000$105,778
$8,815/mo · 29.48% eff.
$104,939
$8,745/mo · 30.04% eff.

Frequently Asked Questions

Is Boston or New York City cheaper to live in?

Boston has a cost-of-living index of 1.93 while New York City is 2.13 (1.00 = US average). Boston is cheaper overall. 1BR rent in Boston is $2,900/month vs $3,500/month in New York City.

How much more do you need to earn in New York City vs Boston?

$100k in Boston = $110k in New York City. Cost of living in New York City is higher by 10.4%.

Which city has better after-tax income — Boston or New York City?

On a $100,000 salary, you take home $73,736 in MA (Boston) and $73,522 in NY (New York City). After accounting for rent, your annual savings potential is $38,936 in Boston vs $31,522 in New York City.