Last update: Oct 2026

Cost of Living Comparison Between College Park, MD and New York, NY

For one person, living is cheaper in College Park, MD: $3,394 a month against $4,950 in New York, NY, rent and utilities included – about $18,700 less a year. Rent and utilities account for most of the difference.

163

Cost of Living Index in College Park, MD
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College Park, MD Living Index
239

Cost of Living Index in New York, NY
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New York, NY Living Index

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College Park, MD

🇺🇸 United States

$3,394

/mo nomad

New York, NY

🇺🇸 United States

$4,950

/mo nomad

Monthly Cost of Living

How much you'll spend in College Park, MD and in New York, NY

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in College Park, MD and in New York, NY actually costs, broken down by who's living it.

A single person spends $3,394 per month in College Park, MD vs $4,950 in New York, NY, rent included.

College Park, MD $3,394
New York, NY $4,950

A couple spends around $4,584 per month in College Park, MD vs $7,265 in New York, NY, rent included.

College Park, MD $4,584
New York, NY $7,265

A family of three spends $5,774 per month in College Park, MD vs $9,581 in New York, NY, rent included.

College Park, MD $5,774
New York, NY $9,581

College Park, MD is about 31% cheaper than New York, NY, and outside of rent the biggest gap is in groceries.

Both College Park, MD and New York, NY sit above the global median – College Park, MD by 151%, New York, NY by 267%.

Meal at Budget Restaurant

$15.76 $15.76

$24.65 $24.65

-36.06%

Three-Course Dinner for Two, Mid-Range

$70.7 $70.7

$122 $122

-41.80%

Fast Food Meal (McDonalds, etc)

$9.84 $9.84

$13.91 $13.91

-29.26%

Cappuccino

$4.51 $4.51

$6.59 $6.59

-31.56%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.68 $2.68

$3.84 $3.84

-30.21%

Water (0.33 liter bottle)

$1.79 $1.79

$2.87 $2.87

-37.63%

Local Beer (0.5 liter draught)

$6.33 $6.33

$7.79 $7.79

-18.74%

Imported Beer (0.33 liter bottle)

$6.03 $6.03

$9.85 $9.85

-38.78%

Milk (1 liter)

$0.87 $0.87

$1.38 $1.38

-36.96%

White Bread (500g)

$2.49 $2.49

$4.68 $4.68

-46.79%

Rice (white) (1kg)

$5.47 $5.47

$7.54 $7.54

-27.45%

Eggs

$1.98 $1.98

$5.93 $5.93

-66.61%

Local Cheese (1kg)

$6.46 $6.46

$18.83 $18.83

-65.69%

Chicken Fillets (1kg)

$6.46 $6.46

$17.36 $17.36

-62.79%

Beef Round Steak (1kg)

$20.53 $20.53

$18.51 $18.51

10.91%

Apples (1kg)

$6.73 $6.73

$6.74 $6.74

-0.15%

Banana (1kg)

$1.27 $1.27

$2.09 $2.09

-39.23%

Oranges (1kg)

$7.18 $7.18

$6.07 $6.07

18.29%

Tomato (1kg)

$5.57 $5.57

$6.74 $6.74

-17.36%

Potato (1kg)

$5.06 $5.06

$4.05 $4.05

24.94%

Onion (1kg)

$3.29 $3.29

$4.37 $4.37

-24.71%

Lettuce (1 head)

$0.98 $0.98

$2.89 $2.89

-66.09%

Water (1.5 liter bottle)

$3.22 $3.22

$2.60 $2.60

23.85%

Cigarettes 20 Pack (Marlboro, Camel)

$9.25 $9.25

$18.72 $18.72

-50.59%

Wine (Bottle)

$11.81 $11.81

$20.06 $20.06

-41.13%

Local Beer (0.5 liter bottle)

$1.68 $1.68

$3.25 $3.25

-48.31%

Imported Beer (0.33 liter bottle)

$3.79 $3.79

$3.73 $3.73

1.61%

One-way Ticket (Public Transport)

$2.96 $2.96

$3.06 $3.06

-3.27%

Public Transport Monthly Pass (Regular Price)

$140 $140

Taxi Start (Normal Tariff)

$4.11 $4.11

$3.04 $3.04

35.20%

Taxi (Normal Tariff) (1km)

$2.06 $2.06

$2.15 $2.15

-4.19%

Taxi 1hour Waiting (Normal Tariff)

$25.02 $25.02

$41.82 $41.82

-40.17%

Gasoline (1 liter)

$0.94 $0.94

$1.12 $1.12

-16.07%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.6K $36.6K

$35.5K $35.5K

3.11%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$24.9K $24.9K

$26.0K $26.0K

-4.54%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$244 $244

$219 $219

11.47%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$49.20 $49.20

$73.2 $73.2

-32.78%

Internet (50+ Mbps, Unlimited Data)

$68.0 $68.0

$72.0 $72.0

-5.49%

Gym Membership (Monthly)

$39.30 $39.30

$123 $123

-67.97%

Tennis Court (1 Hour on Weekend)

$67.7 $67.7

Cinema Ticket

$14.96 $14.96

$22.85 $22.85

-34.53%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$2,026 $2,026

$3,333 $3,333

-39.21%

International Primary School, 1 Child (Yearly)

$60.0K $60.0K

Jeans (Levis 501 Or Similar)

$47.60 $47.60

$75.2 $75.2

-36.69%

Summer Dress (H&M, Zara, etc)

$33.13 $33.13

$52.4 $52.4

-36.76%

Sport Shoes (Adidas, Nike)

$118 $118

$122 $122

-2.62%

Men's Leather Business Shoes

$137 $137

$133 $133

2.83%

1-bedroom Apartment, City Center (Monthly)

$2,293 $2,293

$4,389 $4,389

-47.75%

1-bedroom Apartment, Outside City Center (Monthly)

$2,136 $2,136

$3,130 $3,130

-31.74%

3-bedroom Apartment, City Center (Monthly)

$3,864 $3,864

$8,918 $8,918

-56.67%

3-bedroom Apartment, Outside City Center (Monthly)

$3,065 $3,065

$5,354 $5,354

-42.74%

Buy Apartment in City Center (m2)

$19.4K $19.4K

Buy Apartment Outside City Center (m2)

$6,806 $6,806

Average Monthly Net Salary (After Tax)

$6,294 $6,294

$5,343 $5,343

17.81%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.23

6.82

-8.65%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for College Park, MD: October 12, 2026

Last update for New York, NY: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

College Park, MD

$2.1K 62.9%

New York, NY

$3.1K 63.2% 46.5% $994

Groceries & Markets

College Park, MD

$378 11.2%

New York, NY

$545 11% 44% $167

Monthly Utilities & Internet

College Park, MD

$361 10.7%

New York, NY

$364 7.4% 0.8% $2.8

Eating Out

College Park, MD

$271 8%

New York, NY

$404 8.2% 48.7% $132

Clothing & Footwear

College Park, MD

$151 4.5%

New York, NY

$172 3.5% 13.8% $21

Sport & Entertainment

College Park, MD

$69 2%

New York, NY

$168 3.4% 143% $99

Getting Around

College Park, MD

$26 * 0.8%

New York, NY

$167 3.4% 535% $140

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $2,293 in College Park, MD versus $4,389 in New York, NY. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 18% higher in College Park, MD, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $71.0 in College Park, MD versus $122 in New York, NY. Monthly groceries follow the same trend: $378 vs $545 – making College Park, MD the more affordable choice for daily food spending.

Good to know

🇺🇸 College Park, MD

🇺🇸 New York, NY

🕒 Local time

12:45 12:45 PM

Same time as College Park, MD

🌤 Weather

👥 Population

34,740

8,804,190

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.889 EUR

Exchange rates and currency converter

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College Park, MD New York, NY 300 km

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College Park, MD
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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

College Park, MD vs New York, NY: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $3,394 in College Park, MD, $4,950 in New York, NY – roughly 46% apart. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $5,091 per month in College Park, MD and $7,424 in New York, NY. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in College Park, MD, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $3,394 in College Park, MD and $4,950 in New York, NY. That's a gap of about 46%.

Kindergarten costs $2,026 per month in College Park, MD and $3,333 in New York, NY. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 is a stretch for both – monthly costs hit $3,394 in College Park, MD and $4,950 in New York, NY. You'll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. New York, NY has an edge in some lifestyle areas, with costs from $3,394 in College Park, MD to $4,950 in New York, NY. Climate, culture, job market, and personal taste all factor in.

If budget matters most, go with College Park, MD. If higher salaries, better infrastructure, or specific career opportunities are the priority, New York, NY makes more sense. Both are solid long-term options with distinct trade-offs.