Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Belo Horizonte

For one person, living is cheaper in Belo Horizonte: $984 a month against $5,142 in New York, NY, rent and utilities included – about $49,900 less a year. Rent and utilities account for most of the difference.

245

Cost of Living Index in New York, NY
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New York, NY Living Index
47

Cost of Living Index in Belo Horizonte
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Belo Horizonte Living Index

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New York, NY

🇺🇸 United States

$5,142

/mo nomad

Belo Horizonte

🇧🇷 Brazil

$984

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Belo Horizonte

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

Monthly costs for one person with rent: $5,142 in New York, NY versus $984 in Belo Horizonte.

New York, NY $5,142
Belo Horizonte $984

Estimated couple costs with rent: $7,455 in New York, NY versus $1,589 in Belo Horizonte.

New York, NY $7,455
Belo Horizonte $1,589

Monthly costs for a family of three with rent: $9,767 in New York, NY versus $2,193 in Belo Horizonte.

New York, NY $9,767
Belo Horizonte $2,193

Living in New York, NY is roughly 423% more expensive than in Belo Horizonte, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: New York, NY is 284% above, Belo Horizonte is 27% below.

Meal at Budget Restaurant

$26.46 $26.46

$5.90 R$29.46

348.47%

Three-Course Dinner for Two, Mid-Range

$119 $119

$37.35 R$186

217.88%

Fast Food Meal (McDonalds, etc)

$14.43 $14.43

$8.86 R$44.22

62.87%

Cappuccino

$6.55 $6.55

$2.27 R$11.36

188.55%

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

$3.84 $3.84

$1.43 R$7.13

168.53%

Water (0.33 liter bottle)

$3.00 $3.00

$0.81 R$4.05

270.37%

Local Beer (0.5 liter draught)

$8.27 $8.27

$2.12 R$10.60

290.09%

Imported Beer (0.33 liter bottle)

$10.05 $10.05

$3.67 R$18.32

173.84%

Milk (1 liter)

$1.31 $1.31

$0.95 R$4.72

37.89%

White Bread (500g)

$4.90 $4.90

$1.82 R$9.09

169.23%

Rice (white) (1kg)

$7.16 $7.16

$2.08 R$10.39

244.23%

Eggs

$5.92 $5.92

$2.22 R$11.07

166.67%

Local Cheese (1kg)

$19.06 $19.06

$9.91 R$49.47

92.33%

Chicken Fillets (1kg)

$17.38 $17.38

$4.33 R$21.63

301.39%

Beef Round Steak (1kg)

$18.94 $18.94

$7.63 R$38.10

148.23%

Apples (1kg)

$6.96 $6.96

$1.93 R$9.66

260.62%

Banana (1kg)

$2.08 $2.08

$1.15 R$5.75

80.87%

Oranges (1kg)

$6.10 $6.10

$1.20 R$5.98

408.33%

Tomato (1kg)

$6.95 $6.95

$1.65 R$8.23

321.21%

Potato (1kg)

$3.98 $3.98

$1.15 R$5.74

246.09%

Onion (1kg)

$4.44 $4.44

$0.97 R$4.86

357.73%

Lettuce (1 head)

$2.81 $2.81

$0.85 R$4.23

230.59%

Water (1.5 liter bottle)

$2.51 $2.51

$0.92 R$4.58

172.83%

Cigarettes 20 Pack (Marlboro, Camel)

$19.27 $19.27

$2.47 R$12.33

680.16%

Wine (Bottle)

$19.67 $19.67

$8.23 R$41.09

139.00%

Local Beer (0.5 liter bottle)

$3.08 $3.08

$1.43 R$7.15

115.38%

Imported Beer (0.33 liter bottle)

$3.68 $3.68

$2.74 R$13.68

34.31%

One-way Ticket (Public Transport)

$3.02 $3.02

$1.25 R$6.26

141.60%

Public Transport Monthly Pass (Regular Price)

$140 $140

$68.0 R$339

105.24%

Taxi Start (Normal Tariff)

$3.07 $3.07

$1.02 R$5.10

200.98%

Taxi (Normal Tariff) (1km)

$2.13 $2.13

$0.77 R$3.84

176.62%

Taxi 1hour Waiting (Normal Tariff)

$41.21 $41.21

$6.32 R$31.53

552.06%

Gasoline (1 liter)

$1.11 $1.11

$1.32 R$6.58

-15.91%

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

$35.0K $35.0K

$24.0K R$119.9K

45.71%

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

$25.4K $25.4K

$32.5K R$162.1K

-21.79%

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

$217 $217

$76.1 R$380

185.83%

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

$74.0 $74.0

$10.33 R$51.6

616.55%

Internet (50+ Mbps, Unlimited Data)

$72.5 $72.5

$21.02 R$105

244.81%

Gym Membership (Monthly)

$120 $120

$28.07 R$140

329.11%

Tennis Court (1 Hour on Weekend)

$66.9 $66.9

$46.30 R$231

44.47%

Cinema Ticket

$22.32 $22.32

$7.90 R$39.41

182.53%

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

$3,425 $3,425

$459 R$2,292

645.93%

International Primary School, 1 Child (Yearly)

$61.2K $61.2K

$13.8K R$69.0K

342.65%

Jeans (Levis 501 Or Similar)

$76.3 $76.3

$62.0 R$309

23.12%

Summer Dress (H&M, Zara, etc)

$55.5 $55.5

$48.86 R$244

13.49%

Sport Shoes (Adidas, Nike)

$119 $119

$97.6 R$487

22.16%

Men's Leather Business Shoes

$131 $131

$71.5 R$357

82.58%

1-bedroom Apartment, City Center (Monthly)

$4,506 $4,506

$590 R$2,945

663.73%

1-bedroom Apartment, Outside City Center (Monthly)

$3,155 $3,155

$292 R$1,456

981.68%

3-bedroom Apartment, City Center (Monthly)

$8,817 $8,817

$890 R$4,440

891.23%

3-bedroom Apartment, Outside City Center (Monthly)

$5,532 $5,532

$591 R$2,950

836.11%

Buy Apartment in City Center (m2)

$19.4K $19.4K

$2,358 R$11.8K

721.98%

Buy Apartment Outside City Center (m2)

$6,754 $6,754

$1,121 R$5,598

502.23%

Average Monthly Net Salary (After Tax)

$5,290 $5,290

$613 R$3,062

762.25%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.82

11.25

-39.38%

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

Last update for New York, NY: October 3, 2026

Last update for Belo Horizonte: October 4, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.2K 63.2%

Belo Horizonte

$292 30% 90.8% $2.9K

Groceries & Markets

New York, NY

$546 11%

Belo Horizonte

$198 20.3% 63.8% $348

Eating Out

New York, NY

$422 8.5%

Belo Horizonte

$128 13.2% 69.7% $294

Monthly Utilities & Internet

New York, NY

$364 7.3%

Belo Horizonte

$107 11.1% 70.5% $257

Clothing & Footwear

New York, NY

$172 3.4%

Belo Horizonte

$126 13% 26.6% $46

Getting Around

New York, NY

$165 3.3%

Belo Horizonte

$78 8% 52.9% $87

Sport & Entertainment

New York, NY

$165 3.3%

Belo Horizonte

$44 4.5% 73.4% $121

Cost Breakdown

A one-bedroom apartment in the center runs $4,506 in New York, NY and $590 in Belo Horizonte. Housing cost is often the main lever when comparing two cities.

New York, NY pays 762% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $119 in New York, NY vs $37.00 in Belo Horizonte for a mid-range dinner for two. Groceries echo the gap at $546 vs $198 per month, with Belo Horizonte cheaper across the board.

Good to know

🇺🇸 New York, NY

🇧🇷 Belo Horizonte

🕒 Local time

05:54 5:54 AM

06:54 6:54 AM

1 h ahead of New York, NY

🌤 Weather

👥 Population

8,804,190

2,315,560

💱 Currency

United States Dollar USD $

Brazilian Real BRL R$

📈 Exchange rate

1 USD = 0.892 EUR

1 BRL = 0.2 USD

1 BRL = 0.179 EUR

Exchange rates and currency converter

BRL, EUR to USD – United States Dollar Converter

🇧🇷 Brazilian Real (R$)

🇺🇸 United States Dollar ($)

United States Dollar exchange rates as of October 10, 2026: 1 EUR = 1.12 USD (1 USD = 0.892 EUR).

Brazilian Real exchange rates as of October 10, 2026: 1 USD = 4.99 BRL (1 BRL = 0.2 USD). 1 EUR = 5.59 BRL (1 BRL = 0.179 EUR).

BRL to USD in detail →

On the map

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Between locations

New York, NY Belo Horizonte 7,420 km ≈ 10 h nonstop flight

From you

New York, NY
Belo Horizonte

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

New York, NY vs Belo Horizonte: Cost of Living - Frequently Asked Questions

New York, NY and Belo Horizonte differ by about 423% in total monthly costs ($5,142 vs $984 including rent). Belo Horizonte is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 762% higher in New York, NY, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $4,506 in New York, NY versus $590 in Belo Horizonte. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $3,425 in New York, NY versus $459 in Belo Horizonte. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 176% higher in New York, NY. For households that cook at home regularly, that difference adds up over a month.

At $984 in Belo Horizonte versus $5,142 in New York, NY, a $2,000 budget is realistic in Belo Horizonte but tight or insufficient in New York, NY. The gap between the two cities makes Belo Horizonte the clear choice for anyone on this budget.

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.

Expats usually find Belo Horizonte gentler on the wallet – expenses run 423% less than in New York, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.