Last update: Nov 2026

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

For one person, living is cheaper in Cherry Hill, NJ: $3,208 a month against $4,906 in New York, NY, rent and utilities included – about $20,400 less a year. Rent and utilities account for most of the difference.

234

Cost of Living Index in New York, NY
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New York, NY Living Index
154

Cost of Living Index in Cherry Hill, NJ
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Cherry Hill, NJ Living Index

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New York, NY

🇺🇸 United States

$4,906

/mo nomad

Cherry Hill, NJ

🇺🇸 United States

$3,208

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Cherry Hill, NJ

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 Cherry Hill, NJ actually costs, broken down by who's living it.

A single person spends $4,906 per month in New York, NY vs $3,208 in Cherry Hill, NJ, rent included.

New York, NY $4,906
Cherry Hill, NJ $3,208

A couple spends around $7,273 per month in New York, NY vs $4,874 in Cherry Hill, NJ, rent included.

New York, NY $7,273
Cherry Hill, NJ $4,874

A family of three spends $9,641 per month in New York, NY vs $6,539 in Cherry Hill, NJ, rent included.

New York, NY $9,641
Cherry Hill, NJ $6,539

New York, NY costs about 53% more than Cherry Hill, NJ, and outside of rent the biggest gap is in groceries.

Both New York, NY and Cherry Hill, NJ sit above the global median – New York, NY by 263%, Cherry Hill, NJ by 137%.

Meal at Budget Restaurant

$26.93 $26.93

$22.95 $22.95

17.34%

Three-Course Dinner for Two, Mid-Range

$117 $117

$88.6 $88.6

31.89%

Fast Food Meal (McDonalds, etc)

$14.60 $14.60

$12.21 $12.21

19.57%

Cappuccino

$6.54 $6.54

$5.15 $5.15

26.99%

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

$3.86 $3.86

$2.88 $2.88

34.03%

Water (0.33 liter bottle)

$2.95 $2.95

$2.30 $2.30

28.26%

Local Beer (0.5 liter draught)

$8.08 $8.08

$5.93 $5.93

36.26%

Imported Beer (0.33 liter bottle)

$9.85 $9.85

$8.06 $8.06

22.21%

Milk (1 liter)

$1.31 $1.31

$1.44 $1.44

-9.03%

White Bread (500g)

$4.97 $4.97

$4.28 $4.28

16.12%

Rice (white) (1kg)

$7.70 $7.70

$7.14 $7.14

7.84%

Eggs

$6.09 $6.09

$6.29 $6.29

-3.18%

Local Cheese (1kg)

$19.55 $19.55

$12.27 $12.27

59.33%

Chicken Fillets (1kg)

$17.59 $17.59

$15.51 $15.51

13.41%

Beef Round Steak (1kg)

$20.26 $20.26

$18.39 $18.39

10.17%

Apples (1kg)

$6.99 $6.99

$5.70 $5.70

22.63%

Banana (1kg)

$2.21 $2.21

$1.57 $1.57

40.76%

Oranges (1kg)

$6.72 $6.72

$5.33 $5.33

26.08%

Tomato (1kg)

$7.12 $7.12

$5.61 $5.61

26.92%

Potato (1kg)

$4.61 $4.61

$4.11 $4.11

12.17%

Onion (1kg)

$4.78 $4.78

$4.89 $4.89

-2.25%

Lettuce (1 head)

$2.87 $2.87

$2.52 $2.52

13.89%

Water (1.5 liter bottle)

$2.69 $2.69

$2.46 $2.46

9.35%

Cigarettes 20 Pack (Marlboro, Camel)

$19.14 $19.14

$11.65 $11.65

64.29%

Wine (Bottle)

$19.63 $19.63

$17.05 $17.05

15.13%

Local Beer (0.5 liter bottle)

$3.32 $3.32

$2.42 $2.42

37.19%

Imported Beer (0.33 liter bottle)

$4.19 $4.19

$4.52 $4.52

-7.30%

One-way Ticket (Public Transport)

$3.02 $3.02

$6.15 $6.15

-50.89%

Public Transport Monthly Pass (Regular Price)

$139 $139

$182 $182

-23.43%

Taxi Start (Normal Tariff)

$3.04 $3.04

$2.63 $2.63

15.59%

Taxi (Normal Tariff) (1km)

$2.20 $2.20

$1.81 $1.81

21.55%

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

$26.22 $26.22

57.63%

Gasoline (1 liter)

$1.13 $1.13

$1.11 $1.11

1.80%

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

$34.5K $34.5K

$31.1K $31.1K

10.62%

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

$25.8K $25.8K

$25.5K $25.5K

1.52%

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

$232 $232

$227 $227

2.14%

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

$71.0 $71.0

$59.9 $59.9

18.56%

Internet (50+ Mbps, Unlimited Data)

$67.7 $67.7

$61.0 $61.0

10.83%

Gym Membership (Monthly)

$115 $115

$51.7 $51.7

122.98%

Tennis Court (1 Hour on Weekend)

$76.8 $76.8

Cinema Ticket

$22.41 $22.41

$15.09 $15.09

48.51%

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

$3,606 $3,606

$2,076 $2,076

73.65%

International Primary School, 1 Child (Yearly)

$68.7K $68.7K

$44.6K $44.6K

53.92%

Jeans (Levis 501 Or Similar)

$79.3 $79.3

$50.8 $50.8

56.00%

Summer Dress (H&M, Zara, etc)

$51.4 $51.4

$43.72 $43.72

17.57%

Sport Shoes (Adidas, Nike)

$121 $121

$106 $106

14.22%

Men's Leather Business Shoes

$140 $140

$118 $118

19.15%

1-bedroom Apartment, City Center (Monthly)

$4,555 $4,555

$2,063 $2,063

120.75%

1-bedroom Apartment, Outside City Center (Monthly)

$3,040 $3,040

$1,583 $1,583

92.03%

3-bedroom Apartment, City Center (Monthly)

$9,742 $9,742

$3,248 $3,248

199.92%

3-bedroom Apartment, Outside City Center (Monthly)

$5,331 $5,331

$2,936 $2,936

81.59%

Buy Apartment in City Center (m2)

$18.2K $18.2K

Buy Apartment Outside City Center (m2)

$6,685 $6,685

Average Monthly Net Salary (After Tax)

$5,096 $5,096

$5,018 $5,018

1.56%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.89

6.78

1.62%

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

Last update for New York, NY: November 1, 2026

Last update for Cherry Hill, NJ: November 1, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3K 62%

Cherry Hill, NJ

$1.6K 49.4% 47.9% $1.5K

Groceries & Markets

New York, NY

$567 11.6%

Cherry Hill, NJ

$485 15.1% 14.6% $83

Eating Out

New York, NY

$425 8.7%

Cherry Hill, NJ

$348 10.9% 18% $77

Monthly Utilities & Internet

New York, NY

$371 7.6%

Cherry Hill, NJ

$348 10.9% 6.1% $23

Clothing & Footwear

New York, NY

$176 3.6%

Cherry Hill, NJ

$143 4.5% 18.8% $33

Getting Around

New York, NY

$165 3.4%

Cherry Hill, NJ

$218 6.8% 31.9% $53

Sport & Entertainment

New York, NY

$160 3.3%

Cherry Hill, NJ

$82 2.6% 48.9% $78

Cost Breakdown

A central one-bedroom costs $4,555 in New York, NY versus $2,063 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.

A mid-range dinner for two costs $117 in New York, NY versus $89 in Cherry Hill, NJ. Monthly groceries follow the same trend: $567 vs $485 – making Cherry Hill, NJ the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇺🇸 Cherry Hill, NJ

🕒 Local time

14:51 2:51 PM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

71,586

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.888 EUR

Exchange rates and currency converter

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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

New York, NY vs Cherry Hill, NJ: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,906 in New York, NY, $3,208 in Cherry Hill, NJ – Cherry Hill, NJ comes out roughly 35% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $7,358 per month in New York, NY and $4,812 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: a one-bedroom in the center costs $2,063 there versus $4,555 in New York, NY.

A mid-range dinner for two costs $117 in New York, NY and $89 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 $4,906 in New York, NY and $3,208 in Cherry Hill, NJ. That makes Cherry Hill, NJ about 35% cheaper.

$3,000 is a stretch for both – monthly costs hit $4,906 in New York, NY and $3,208 in Cherry Hill, NJ. You’ll need shared housing and careful budgeting no matter which city you pick.

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