Last update: Oct 2026

Cost of Living Comparison Between Edison, NJ and New York, NY

For one person, living is cheaper in Edison, NJ: $3,122 a month against $4,941 in New York, NY, rent and utilities included – about $21,800 less a year. Rent and utilities account for most of the difference.

Edison, NJ, United States
New York, NY, United States
Edison, NJ
🇺🇸 United States
$3,122
/mo nomad
New York, NY
🇺🇸 United States
$4,941
/mo nomad
Monthly Cost of Living

How much you'll spend in Edison, NJ 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 Edison, NJ and in New York, NY actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,122 in Edison, NJ versus $4,941 in New York, NY.

  • Edison, NJ $3,122
  • New York, NY $4,941

Estimated couple costs with rent: $4,397 in Edison, NJ versus $7,225 in New York, NY.

  • Edison, NJ $4,397
  • New York, NY $7,225

Monthly costs for a family of three with rent: $5,671 in Edison, NJ versus $9,509 in New York, NY.

  • Edison, NJ $5,671
  • New York, NY $9,509

Living in Edison, NJ costs roughly 37% less than in New York, NY, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Edison, NJ 129% above, New York, NY 263% above.

Currency
🍽 Eating Out
Edison, NJ
New York, NY
Difference
Meal at Budget Restaurant
$18.26 $18.26
$28.55 $28.55
-36.04%
Three-Course Dinner for Two, Mid-Range
$59.8 $59.8
$118 $118
-49.56%
Fast Food Meal (McDonalds, etc)
$9.17 $9.17
$15.04 $15.04
-39.03%
Cappuccino
$4.08 $4.08
$6.53 $6.53
-37.52%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.03 $1.03
$3.96 $3.96
-73.99%
Water (0.33 liter bottle)
$0.98 $0.98
$3.01 $3.01
-67.44%
Local Beer (0.5 liter draught)
$3.44 $3.44
$8.16 $8.16
-57.84%
Imported Beer (0.33 liter bottle)
$6.82 $6.82
$9.84 $9.84
-30.69%
🛒 Groceries & Markets
Edison, NJ
New York, NY
Difference
Milk (1 liter)
$1.00 $1.00
$1.37 $1.37
-27.01%
White Bread (500g)
$3.22 $3.22
$4.97 $4.97
-35.21%
Rice (white) (1kg)
$6.14 $6.14
$7.81 $7.81
-21.38%
Eggs
$2.54 $2.54
$5.97 $5.97
-57.45%
Local Cheese (1kg)
$13.49 $13.49
$18.91 $18.91
-28.66%
Chicken Fillets (1kg)
$10.34 $10.34
$18.04 $18.04
-42.68%
Beef Round Steak (1kg)
$19.70 $19.70
$19.05 $19.05
3.41%
Apples (1kg)
$5.93 $5.93
$6.76 $6.76
-12.28%
Banana (1kg)
$1.54 $1.54
$2.27 $2.27
-32.16%
Oranges (1kg)
$4.32 $4.32
$6.83 $6.83
-36.75%
Tomato (1kg)
$5.40 $5.40
$7.09 $7.09
-23.84%
Potato (1kg)
$3.01 $3.01
$4.22 $4.22
-28.67%
Onion (1kg)
$3.11 $3.11
$4.65 $4.65
-33.12%
Lettuce (1 head)
$3.10 $3.10
$2.87 $2.87
8.01%
Water (1.5 liter bottle)
$1.96 $1.96
$2.60 $2.60
-24.62%
Cigarettes 20 Pack (Marlboro, Camel)
$10.05 $10.05
$18.77 $18.77
-46.46%
Wine (Bottle)
$14.72 $14.72
$20.13 $20.13
-26.88%
Local Beer (0.5 liter bottle)
$1.76 $1.76
$3.45 $3.45
-48.99%
Imported Beer (0.33 liter bottle)
$3.54 $3.54
$4.02 $4.02
-11.94%
🚌 Getting Around
Edison, NJ
New York, NY
Difference
One-way Ticket (Public Transport)
$5.84 $5.84
$2.91 $2.91
100.69%
Public Transport Monthly Pass (Regular Price)
$199 $199
$139 $139
43.02%
Taxi Start (Normal Tariff)
$3.05 $3.05
$3.08 $3.08
-0.97%
Taxi (Normal Tariff) (1km)
$0.91 $0.91
$2.12 $2.12
-57.08%
Taxi 1hour Waiting (Normal Tariff)
$42.35 $42.35
$41.96 $41.96
0.93%
Gasoline (1 liter)
$0.90 $0.90
$1.17 $1.17
-23.08%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$27.5K $27.5K
$34.5K $34.5K
-20.35%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.4K $26.4K
$25.9K $25.9K
1.96%
🧾 Monthly Utilities & Internet
Edison, NJ
New York, NY
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$170 $170
$219 $219
-22.35%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$51.4 $51.4
$74.2 $74.2
-30.82%
Internet (50+ Mbps, Unlimited Data)
$50.6 $50.6
$70.2 $70.2
-27.93%
🎉 Sport & Entertainment
Edison, NJ
New York, NY
Difference
Gym Membership (Monthly)
$21.98 $21.98
$112 $112
-80.37%
Tennis Court (1 Hour on Weekend)
-
$74.9 $74.9
-
Cinema Ticket
$14.98 $14.98
$22.14 $22.14
-32.34%
🧸 Childcare & Education
Edison, NJ
New York, NY
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,006 $2,006
$3,558 $3,558
-43.62%
International Primary School, 1 Child (Yearly)
$15.8K $15.8K
$62.2K $62.2K
-74.60%
👕👟 Clothing & Footwear
Edison, NJ
New York, NY
Difference
Jeans (Levis 501 Or Similar)
$50.8 $50.8
$75.6 $75.6
-32.79%
Summer Dress (H&M, Zara, etc)
$80.2 $80.2
$51.2 $51.2
56.66%
Sport Shoes (Adidas, Nike)
$61.1 $61.1
$123 $123
-50.39%
Men's Leather Business Shoes
$88.5 $88.5
$140 $140
-36.69%
🏠 Accommodation & Living
Edison, NJ
New York, NY
Difference
1-bedroom Apartment, City Center (Monthly)
$2,171 $2,171
$4,499 $4,499
-51.74%
1-bedroom Apartment, Outside City Center (Monthly)
$1,772 $1,772
$3,078 $3,078
-42.43%
3-bedroom Apartment, City Center (Monthly)
$3,129 $3,129
$9,447 $9,447
-66.88%
3-bedroom Apartment, Outside City Center (Monthly)
$2,722 $2,722
$5,190 $5,190
-47.54%
Buy Apartment in City Center (m2)
-
$18.1K $18.1K
-
Buy Apartment Outside City Center (m2)
-
$6,693 $6,693
-
💵 Salaries & Financials
Edison, NJ
New York, NY
Difference
Average Monthly Net Salary (After Tax)
$6,960 $6,960
$5,220 $5,220
33.33%
20-Year Fixed Mortgage Interest Rate (Annual %)
6.42
6.86
-6.41%

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

Last update for Edison, NJ: October 24, 2026

Last update for New York, NY: October 26, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Edison, NJ
$1.8K
New York, NY
$3.1K 73.7% $1.3K
Groceries & Markets
Edison, NJ
$408
New York, NY
$563 38% $155
Monthly Utilities & Internet
Edison, NJ
$272
New York, NY
$364 33.6% $92
Eating Out
Edison, NJ
$261
New York, NY
$440 68.4% $179
Getting Around
Edison, NJ
$230
New York, NY
$164 28.5% $65
Clothing & Footwear
Edison, NJ
$126
New York, NY
$175 38.9% $49
Sport & Entertainment
Edison, NJ
$52
New York, NY
$156 201% $104

Cost Breakdown

A one-bedroom apartment in the center runs $2,171 in Edison, NJ and $4,499 in New York, NY. Housing cost is often the main lever when comparing two cities.

Edison, NJ pays 33% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $60 in Edison, NJ vs $118 in New York, NY for a mid-range dinner for two. Groceries echo the gap at $408 vs $563 per month, with Edison, NJ cheaper across the board.

Good to know
🇺🇸 Edison, NJ
🇺🇸 New York, NY
🕒 Local time
15:34 3:34 PM
15:34 3:34 PM
Same time as Edison, NJ
🌤 Weather
👥 Population
107,588
8,804,190
Exchange rates and currency converter

EUR to USD – United States Dollar Converter

United States Dollar exchange rates as of October 28, 2026: 1 EUR = 1.11 USD (1 USD = 0.898 EUR).

On the map
Between locations
  • Edison, NJ New York, NY 23 km
From you
  • Edison, NJ
  • New York, NY

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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
Edison, NJ vs New York, NY: Cost of Living - Frequently Asked Questions
What is the total cost difference between living in Edison, NJ and in New York, NY?
Total monthly costs including rent come to $3,122 in Edison, NJ and $4,941 in New York, NY, so Edison, NJ is about 37% cheaper – a gap that matters a lot on a fixed or modest income.
Which city pays better: Edison, NJ or New York, NY?
Average pay runs 33% higher in Edison, NJ, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.
How do apartment prices compare in Edison, NJ and in New York, NY?
Rent for a central apartment: $2,171 in Edison, NJ versus $4,499 in New York, NY. Housing is usually the single largest factor when comparing overall living costs between the two.
How do commuting costs compare in Edison, NJ and in New York, NY?
A monthly transit pass in New York, NY runs roughly 30% less than in Edison, NJ. The price difference matters if you commute daily and watch your budget.
What is the difference in childcare costs between Edison, NJ and New York, NY?
Childcare runs $2,006 in Edison, NJ versus $3,558 in New York, NY. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.
Which city is feasible on a $3,000 budget?
Both cities are expensive relative to $3,000. Edison, NJ is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.
How does quality of life compare between Edison, NJ and New York, NY?
Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

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