Cost of Living Comparison Between New York, NY and Cherry Hill, NJ Cost of Living Comparison Between New York, NY and Cherry Hill, NJ

Monthly Cost of Living

A single person spends $4,841 per month in New York, NY vs $3,139 in Cherry Hill, NJ, rent included.

A couple spends around $7,287 per month in New York, NY vs $4,778 in Cherry Hill, NJ, rent included.

A family of three spends $9,734 per month in New York, NY vs $6,418 in Cherry Hill, NJ, rent included.

New York, NY costs about 54% more than Cherry Hill, NJ, driven mainly by Sport & Entertainment.

Both New York, NY and Cherry Hill, NJ sit above the global median – New York, NY by 254%, Cherry Hill, NJ by 129%.

Meal at Budget Restaurant

$25.33 $25.33

$22.13 $22.13

14.46%

Three-Course Dinner for Two, Mid-Range

$142 $142

$81.1 $81.1

75.31%

Fast Food Meal (McDonalds, etc)

$13.78 $13.78

$12.23 $12.23

12.67%

Cappuccino

$6.19 $6.19

$5.08 $5.08

21.85%

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

$3.69 $3.69

$3.12 $3.12

18.27%

Water (0.33 liter bottle)

$2.96 $2.96

$2.31 $2.31

28.14%

Local Beer (0.5 liter draught)

$7.76 $7.76

$6.12 $6.12

26.80%

Imported Beer (0.33 liter bottle)

$10.14 $10.14

$7.87 $7.87

28.84%

Milk (1 liter)

$1.39 $1.39

$1.49 $1.49

-6.71%

White Bread (500g)

$4.59 $4.59

$4.49 $4.49

2.23%

Rice (white) (1kg)

$6.94 $6.94

$7.32 $7.32

-5.19%

Eggs

$5.79 $5.79

$6.22 $6.22

-6.91%

Local Cheese (1kg)

$17.32 $17.32

$12.28 $12.28

41.04%

Chicken Fillets (1kg)

$15.04 $15.04

$14.10 $14.10

6.67%

Beef Round Steak (1kg)

$18.02 $18.02

$17.47 $17.47

3.15%

Apples (1kg)

$6.29 $6.29

$5.90 $5.90

6.61%

Banana (1kg)

$2.13 $2.13

$1.65 $1.65

29.09%

Oranges (1kg)

$5.80 $5.80

$5.39 $5.39

7.61%

Tomato (1kg)

$6.28 $6.28

$5.15 $5.15

21.94%

Potato (1kg)

$3.39 $3.39

$3.71 $3.71

-8.63%

Onion (1kg)

$4.27 $4.27

$3.90 $3.90

9.49%

Lettuce (1 head)

$2.77 $2.77

$2.64 $2.64

4.92%

Water (1.5 liter bottle)

$2.56 $2.56

$2.46 $2.46

4.07%

Cigarettes 20 Pack (Marlboro, Camel)

$18.70 $18.70

$12.77 $12.77

46.44%

Wine (Bottle)

$20.30 $20.30

$18.84 $18.84

7.75%

Local Beer (0.5 liter bottle)

$3.15 $3.15

$2.38 $2.38

32.35%

Imported Beer (0.33 liter bottle)

$4.03 $4.03

$4.40 $4.40

-8.41%

One-way Ticket (Public Transport)

$2.97 $2.97

$6.05 $6.05

-50.91%

Public Transport Monthly Pass (Regular Price)

$138 $138

$179 $179

-22.80%

Taxi Start (Normal Tariff)

$3.09 $3.09

$2.62 $2.62

17.94%

Taxi (Normal Tariff) (1km)

$2.14 $2.14

$1.58 $1.58

35.44%

Taxi 1hour Waiting (Normal Tariff)

$41.56 $41.56

$24.47 $24.47

69.84%

Gasoline (1 liter)

$1.13 $1.13

$1.07 $1.07

5.61%

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

$35.4K $35.4K

$34.9K $34.9K

1.58%

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

$25.6K $25.6K

$24.8K $24.8K

3.27%

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

$236 $236

$214 $214

10.17%

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

$73.7 $73.7

$54.0 $54.0

36.56%

Internet (50+ Mbps, Unlimited Data)

$72.4 $72.4

$68.4 $68.4

5.86%

Gym Membership (Monthly)

$125 $125

$53.3 $53.3

134.83%

Tennis Court (1 Hour on Weekend)

$63.1 $63.1

Cinema Ticket

$23.37 $23.37

$15.73 $15.73

48.57%

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

$3,353 $3,353

$2,269 $2,269

47.76%

International Primary School, 1 Child (Yearly)

$61.0K $61.0K

$34.5K $34.5K

76.90%

Jeans (Levis 501 Or Similar)

$72.4 $72.4

$47.95 $47.95

51.05%

Summer Dress (H&M, Zara, etc)

$52.2 $52.2

$46.77 $46.77

11.52%

Sport Shoes (Adidas, Nike)

$116 $116

$102 $102

14.18%

Men's Leather Business Shoes

$124 $124

$119 $119

3.80%

1-bedroom Apartment, City Center (Monthly)

$4,438 $4,438

$2,040 $2,040

117.60%

1-bedroom Apartment, Outside City Center (Monthly)

$3,045 $3,045

$1,606 $1,606

89.65%

3-bedroom Apartment, City Center (Monthly)

$9,088 $9,088

$3,363 $3,363

170.21%

3-bedroom Apartment, Outside City Center (Monthly)

$5,404 $5,404

$2,917 $2,917

85.22%

Buy Apartment in City Center (m2)

$18.8K $18.8K

Buy Apartment Outside City Center (m2)

$6,500 $6,500

Average Monthly Net Salary (After Tax)

$5,258 $5,258

$4,995 $4,995

5.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

6.16

5.36%

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

Last update for New York, NY: September 12, 2026

Last update for Cherry Hill, NJ: September 13, 2026

Cost Breakdown

A central one-bedroom costs $4,438 in New York, NY versus $2,040 in Cherry Hill, NJ. 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 5% higher in New York, NY, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $142 in New York, NY versus $81.0 in Cherry Hill, NJ. Monthly groceries follow the same trend: $516 vs $478 – making Cherry Hill, NJ the more affordable choice for daily food spending.

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 Cherry Hill, NJ: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,841 in New York, NY, $3,139 in Cherry Hill, NJ – roughly 54% apart. New York, NY costs more across the board, with Sport & Entertainment showing the biggest gap.

For a comfortable life, plan on about $7,261 per month in New York, NY and $4,708 in Cherry Hill, NJ. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Cherry Hill, NJ, 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 $142 in New York, NY and $81.0 in Cherry Hill, NJ. That's a good indicator of the overall restaurant and café pricing gap between the two cities.

Monthly expenses with rent come to $4,841 in New York, NY and $3,139 in Cherry Hill, NJ. The difference isn't just one category – it shows up across housing, food, transport, and services.

$3,000 is a stretch for both – monthly costs hit $4,841 in New York, NY and $3,139 in Cherry Hill, NJ. 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 $3,139 in Cherry Hill, NJ to $4,841 in New York, NY. Climate, culture, job market, and personal taste all factor in.

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 Cherry Hill, 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.