Last update: Oct 2026

Cost of Living Comparison Between Mount Laurel, NJ and New York, NY

For one person, living is cheaper in Mount Laurel, NJ: $2,546 a month against $4,938 in New York, NY, rent and utilities included – about $28,700 less a year. Rent and utilities account for most of the difference.

123

Cost of Living Index in Mount Laurel, NJ
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Mount Laurel, NJ Living Index
239

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

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Mount Laurel, NJ

🇺🇸 United States

$2,546

/mo nomad

New York, NY

🇺🇸 United States

$4,938

/mo nomad

Monthly Cost of Living

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

A single person spends $2,546 per month in Mount Laurel, NJ vs $4,938 in New York, NY, rent included.

Mount Laurel, NJ $2,546
New York, NY $4,938

A couple spends around $3,715 per month in Mount Laurel, NJ vs $7,273 in New York, NY, rent included.

Mount Laurel, NJ $3,715
New York, NY $7,273

A family of three spends $4,885 per month in Mount Laurel, NJ vs $9,608 in New York, NY, rent included.

Mount Laurel, NJ $4,885
New York, NY $9,608

Mount Laurel, NJ is about 48% cheaper than New York, NY, and outside of rent the biggest gap is in groceries.

Both Mount Laurel, NJ and New York, NY sit above the global median – Mount Laurel, NJ by 88%, New York, NY by 264%.

Meal at Budget Restaurant

$17.17 $17.17

$24.99 $24.99

-31.29%

Three-Course Dinner for Two, Mid-Range

$81.2 $81.2

$120 $120

-32.51%

Fast Food Meal (McDonalds, etc)

$11.78 $11.78

$13.74 $13.74

-14.26%

Cappuccino

$5.17 $5.17

$6.60 $6.60

-21.67%

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

$3.05 $3.05

$3.82 $3.82

-20.16%

Water (0.33 liter bottle)

$1.94 $1.94

$2.87 $2.87

-32.40%

Local Beer (0.5 liter draught)

$3.02 $3.02

$7.95 $7.95

-62.01%

Imported Beer (0.33 liter bottle)

$5.87 $5.87

$10.06 $10.06

-41.65%

Milk (1 liter)

$1.46 $1.46

$1.37 $1.37

6.57%

White Bread (500g)

$2.81 $2.81

$4.75 $4.75

-40.84%

Rice (white) (1kg)

$5.43 $5.43

$7.69 $7.69

-29.39%

Eggs

$3.95 $3.95

$5.87 $5.87

-32.71%

Local Cheese (1kg)

$12.28 $12.28

$19.25 $19.25

-36.21%

Chicken Fillets (1kg)

$6.56 $6.56

$17.83 $17.83

-63.21%

Beef Round Steak (1kg)

$13.33 $13.33

$19.03 $19.03

-29.95%

Apples (1kg)

$5.66 $5.66

$6.69 $6.69

-15.40%

Banana (1kg)

$1.61 $1.61

$2.29 $2.29

-29.69%

Oranges (1kg)

$4.34 $4.34

$6.41 $6.41

-32.29%

Tomato (1kg)

$4.46 $4.46

$6.75 $6.75

-33.93%

Potato (1kg)

$2.23 $2.23

$3.93 $3.93

-43.26%

Onion (1kg)

$3.14 $3.14

$4.52 $4.52

-30.53%

Lettuce (1 head)

$2.38 $2.38

$2.79 $2.79

-14.70%

Water (1.5 liter bottle)

$2.37 $2.37

$2.51 $2.51

-5.58%

Cigarettes 20 Pack (Marlboro, Camel)

$11.68 $11.68

$18.10 $18.10

-35.47%

Wine (Bottle)

$14.77 $14.77

$20.16 $20.16

-26.74%

Local Beer (0.5 liter bottle)

$2.43 $2.43

$3.26 $3.26

-25.46%

Imported Beer (0.33 liter bottle)

$4.46 $4.46

$3.75 $3.75

18.93%

One-way Ticket (Public Transport)

$2.14 $2.14

$2.92 $2.92

-26.71%

Public Transport Monthly Pass (Regular Price)

$143 $143

Taxi Start (Normal Tariff)

$2.77 $2.77

$3.06 $3.06

-9.48%

Taxi (Normal Tariff) (1km)

$1.52 $1.52

$2.16 $2.16

-29.63%

Taxi 1hour Waiting (Normal Tariff)

$23.84 $23.84

$41.33 $41.33

-42.32%

Gasoline (1 liter)

$1.10 $1.10

$1.12 $1.12

-1.79%

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

$32.5K $32.5K

$33.1K $33.1K

-1.89%

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

$26.6K $26.6K

$25.7K $25.7K

3.32%

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

$212 $212

$219 $219

-3.29%

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

$63.0 $63.0

$75.3 $75.3

-16.31%

Internet (50+ Mbps, Unlimited Data)

$64.8 $64.8

$70.5 $70.5

-8.11%

Gym Membership (Monthly)

$38.85 $38.85

$116 $116

-66.36%

Tennis Court (1 Hour on Weekend)

$67.6 $67.6

Cinema Ticket

$15.47 $15.47

$21.37 $21.37

-27.61%

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

$2,268 $2,268

$3,432 $3,432

-33.91%

International Primary School, 1 Child (Yearly)

$41.8K $41.8K

$61.7K $61.7K

-32.22%

Jeans (Levis 501 Or Similar)

$48.83 $48.83

$74.9 $74.9

-34.79%

Summer Dress (H&M, Zara, etc)

$47.01 $47.01

$52.1 $52.1

-9.84%

Sport Shoes (Adidas, Nike)

$105 $105

$117 $117

-10.25%

Men's Leather Business Shoes

$142 $142

$135 $135

5.56%

1-bedroom Apartment, City Center (Monthly)

$1,569 $1,569

$4,347 $4,347

-63.91%

1-bedroom Apartment, Outside City Center (Monthly)

$1,312 $1,312

$3,117 $3,117

-57.89%

3-bedroom Apartment, City Center (Monthly)

$2,461 $2,461

$9,110 $9,110

-72.98%

3-bedroom Apartment, Outside City Center (Monthly)

$2,148 $2,148

$5,379 $5,379

-60.07%

Buy Apartment in City Center (m2)

$3,099 $3,099

$19.3K $19.3K

-83.93%

Buy Apartment Outside City Center (m2)

$2,106 $2,106

$6,943 $6,943

-69.66%

Average Monthly Net Salary (After Tax)

$5,238 $5,238

20-Year Fixed Mortgage Interest Rate (Annual %)

6.62

6.85

-3.36%

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

Last update for Mount Laurel, NJ: October 18, 2026

Last update for New York, NY: October 17, 2026

Monthly budget structure

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

Accommodation & Living

Mount Laurel, NJ

$1.3K 51.6%

New York, NY

$3.1K 63.1% 138% $1.8K

Groceries & Markets

Mount Laurel, NJ

$369 14.5%

New York, NY

$552 11.2% 49.6% $183

Monthly Utilities & Internet

Mount Laurel, NJ

$340 13.4%

New York, NY

$365 7.4% 7.4% $25

Eating Out

Mount Laurel, NJ

$282 11.1%

New York, NY

$407 8.2% 44.5% $125

Clothing & Footwear

Mount Laurel, NJ

$154 6.1%

New York, NY

$170 3.5% 10.4% $16

Sport & Entertainment

Mount Laurel, NJ

$70 2.7%

New York, NY

$158 3.2% 127% $88

Getting Around

Mount Laurel, NJ

$19 * 0.7%

New York, NY

$168 3.4% 788% $149

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

Cost Breakdown

A central one-bedroom costs $1,569 in Mount Laurel, NJ versus $4,347 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.

A mid-range dinner for two costs $81.0 in Mount Laurel, NJ versus $120 in New York, NY. Monthly groceries follow the same trend: $369 vs $552 – making Mount Laurel, NJ the more affordable choice for daily food spending.

Good to know

🇺🇸 Mount Laurel, NJ

🇺🇸 New York, NY

🕒 Local time

21:24 9:24 PM

Same time as Mount Laurel, NJ

🌤 Weather

👥 Population

40,326

8,804,190

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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Mount Laurel, NJ New York, NY 99 km

From you

Mount Laurel, NJ
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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

Mount Laurel, NJ vs New York, NY: Cost of Living - Frequently Asked Questions

Yes – New York, NY is pricier by about 94%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $3,819 per month in Mount Laurel, NJ and $7,407 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 Mount Laurel, NJ, 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 $2,546 in Mount Laurel, NJ and $4,938 in New York, NY. That's a gap of about 94%.

Kindergarten costs $2,268 per month in Mount Laurel, NJ and $3,432 in New York, NY. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $2,546 in Mount Laurel, NJ and $4,938 in New York, NY. You'll need shared housing and careful budgeting no matter which city you pick.

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

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Mount Laurel, NJ. 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.