Last update: Oct 2026

Cost of Living Comparison Between Key West, FL and New York, NY

For one person, living costs are similar in Key West, FL and in New York, NY: $4,808 and $4,950 a month, rent and utilities included.

233

Cost of Living Index in Key West, FL
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Key West, FL Living Index
239

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

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Key West, FL

🇺🇸 United States

$4,808

/mo nomad

New York, NY

🇺🇸 United States

$4,950

/mo nomad

Monthly Cost of Living

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

A single person spends $4,808 per month in Key West, FL vs $4,950 in New York, NY, rent included.

Key West, FL $4,808
New York, NY $4,950

A couple spends around $7,043 per month in Key West, FL vs $7,265 in New York, NY, rent included.

Key West, FL $7,043
New York, NY $7,265

A family of three spends $9,278 per month in Key West, FL vs $9,581 in New York, NY, rent included.

Key West, FL $9,278
New York, NY $9,581

Key West, FL is about 3% cheaper than New York, NY, and outside of rent the biggest gap is in transport.

Both Key West, FL and New York, NY sit above the global median – Key West, FL by 256%, New York, NY by 267%.

Meal at Budget Restaurant

$22.31 $22.31

$24.65 $24.65

-9.49%

Three-Course Dinner for Two, Mid-Range

$98.3 $98.3

$122 $122

-19.11%

Fast Food Meal (McDonalds, etc)

$11.87 $11.87

$13.91 $13.91

-14.67%

Cappuccino

$4.56 $4.56

$6.59 $6.59

-30.80%

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

$2.26 $2.26

$3.84 $3.84

-41.15%

Water (0.33 liter bottle)

$1.90 $1.90

$2.87 $2.87

-33.80%

Local Beer (0.5 liter draught)

$5.85 $5.85

$7.79 $7.79

-24.90%

Imported Beer (0.33 liter bottle)

$6.84 $6.84

$9.85 $9.85

-30.56%

Milk (1 liter)

$0.99 $0.99

$1.38 $1.38

-28.26%

White Bread (500g)

$3.68 $3.68

$4.68 $4.68

-21.37%

Rice (white) (1kg)

$6.74 $6.74

$7.54 $7.54

-10.61%

Eggs

$5.16 $5.16

$5.93 $5.93

-12.98%

Local Cheese (1kg)

$11.61 $11.61

$18.83 $18.83

-38.34%

Chicken Fillets (1kg)

$13.34 $13.34

$17.36 $17.36

-23.16%

Beef Round Steak (1kg)

$23.97 $23.97

$18.51 $18.51

29.50%

Apples (1kg)

$4.81 $4.81

$6.74 $6.74

-28.64%

Banana (1kg)

$1.86 $1.86

$2.09 $2.09

-11.00%

Oranges (1kg)

$3.67 $3.67

$6.07 $6.07

-39.54%

Tomato (1kg)

$5.17 $5.17

$6.74 $6.74

-23.29%

Potato (1kg)

$5.93 $5.93

$4.05 $4.05

46.42%

Onion (1kg)

$3.33 $3.33

$4.37 $4.37

-23.80%

Lettuce (1 head)

$3.60 $3.60

$2.89 $2.89

24.57%

Water (1.5 liter bottle)

$2.65 $2.65

$2.60 $2.60

1.92%

Cigarettes 20 Pack (Marlboro, Camel)

$8.18 $8.18

$18.72 $18.72

-56.30%

Wine (Bottle)

$14.18 $14.18

$20.06 $20.06

-29.31%

Local Beer (0.5 liter bottle)

$1.99 $1.99

$3.25 $3.25

-38.77%

Imported Beer (0.33 liter bottle)

$2.38 $2.38

$3.73 $3.73

-36.19%

One-way Ticket (Public Transport)

$3.98 $3.98

$3.06 $3.06

30.07%

Public Transport Monthly Pass (Regular Price)

$140 $140

Taxi Start (Normal Tariff)

$3.90 $3.90

$3.04 $3.04

28.29%

Taxi (Normal Tariff) (1km)

$3.12 $3.12

$2.15 $2.15

45.12%

Taxi 1hour Waiting (Normal Tariff)

$30.20 $30.20

$41.82 $41.82

-27.79%

Gasoline (1 liter)

$0.91 $0.91

$1.12 $1.12

-18.75%

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

$36.5K $36.5K

$35.5K $35.5K

2.91%

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

$25.8K $25.8K

$26.0K $26.0K

-0.75%

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

$215 $215

$219 $219

-1.77%

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

$54.4 $54.4

$73.2 $73.2

-25.71%

Internet (50+ Mbps, Unlimited Data)

$73.3 $73.3

$72.0 $72.0

1.86%

Gym Membership (Monthly)

$79.6 $79.6

$123 $123

-35.12%

Tennis Court (1 Hour on Weekend)

$67.7 $67.7

Cinema Ticket

$14.05 $14.05

$22.85 $22.85

-38.51%

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

$1,090 $1,090

$3,333 $3,333

-67.30%

International Primary School, 1 Child (Yearly)

$20.7K $20.7K

$60.0K $60.0K

-65.46%

Jeans (Levis 501 Or Similar)

$47.58 $47.58

$75.2 $75.2

-36.72%

Summer Dress (H&M, Zara, etc)

$41.78 $41.78

$52.4 $52.4

-20.25%

Sport Shoes (Adidas, Nike)

$71.7 $71.7

$122 $122

-41.03%

Men's Leather Business Shoes

$69.1 $69.1

$133 $133

-48.10%

1-bedroom Apartment, City Center (Monthly)

$3,436 $3,436

$4,389 $4,389

-21.70%

1-bedroom Apartment, Outside City Center (Monthly)

$3,432 $3,432

$3,130 $3,130

9.67%

3-bedroom Apartment, City Center (Monthly)

$7,122 $7,122

$8,918 $8,918

-20.13%

3-bedroom Apartment, Outside City Center (Monthly)

$6,144 $6,144

$5,354 $5,354

14.76%

Buy Apartment in City Center (m2)

$9,644 $9,644

$19.4K $19.4K

-50.30%

Buy Apartment Outside City Center (m2)

$9,886 $9,886

$6,806 $6,806

45.25%

Average Monthly Net Salary (After Tax)

$5,967 $5,967

$5,343 $5,343

11.70%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.38

6.82

-6.45%

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

Last update for Key West, FL: October 13, 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

Key West, FL

$3.4K 71.4%

New York, NY

$3.1K 63.2% 8.8% $303

Groceries & Markets

Key West, FL

$457 9.5%

New York, NY

$545 11% 19.2% $88

Monthly Utilities & Internet

Key West, FL

$343 7.1%

New York, NY

$364 7.4% 6.2% $21

Eating Out

Key West, FL

$328 6.8%

New York, NY

$404 8.2% 22.9% $75

Sport & Entertainment

Key West, FL

$108 2.2%

New York, NY

$168 3.4% 56.4% $61

Clothing & Footwear

Key West, FL

$104 2.2%

New York, NY

$172 3.5% 66.1% $68

Getting Around

Key West, FL

$35 * 0.7%

New York, NY

$167 3.4% 370% $131

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

Cost Breakdown

A central one-bedroom costs $3,436 in Key West, FL 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 12% higher in Key West, FL, 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 $98.0 in Key West, FL versus $122 in New York, NY. Monthly groceries follow the same trend: $457 vs $545 – making Key West, FL the more affordable choice for daily food spending.

Good to know

🇺🇸 Key West, FL

🇺🇸 New York, NY

🕒 Local time

17:51 5:51 PM

Same time as Key West, FL

🌤 Weather

👥 Population

24,684

8,804,190

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

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Highest

Between locations

Key West, FL New York, NY 1,920 km ≈ 3 h nonstop flight

From you

Key West, FL
New York, NY

Distances are measured in a straight line. Your location is detected approximately.

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

Key West, FL vs New York, NY: Cost of Living - Frequently Asked Questions

Yes – New York, NY is pricier by about 3%, and outside of rent the gap shows up most in transport.

For a comfortable life, plan on about $7,211 per month in Key West, FL 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 Key West, FL, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

A mid-range dinner for two costs $98.0 in Key West, FL and $122 in New York, NY. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Groceries cost about 19% more in New York, NY, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

$4,000 is a stretch for both – monthly costs hit $4,808 in Key West, FL and $4,950 in New York, NY. You'll need shared housing and careful budgeting no matter which city you pick.

Families tend to lean toward Key West, FL – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

If budget matters most, go with Key West, FL. 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.