Last update: Oct 2026

Cost of Living Comparison Between New York, NY and College Park, MD

For one person, living is cheaper in College Park, MD: $3,340 a month against $4,941 in New York, NY, rent and utilities included – about $19,200 less a year. Rent and utilities account for most of the difference.

239

Cost of Living Index in New York, NY
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New York, NY Living Index
162

Cost of Living Index in College Park, MD
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College Park, MD Living Index

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New York, NY

🇺🇸 United States

$4,941

/mo nomad

College Park, MD

🇺🇸 United States

$3,340

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in College Park, MD

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 College Park, MD actually costs, broken down by who's living it.

A single person spends $4,941 per month in New York, NY vs $3,340 in College Park, MD, rent included.

New York, NY $4,941
College Park, MD $3,340

A couple spends around $7,225 per month in New York, NY vs $4,574 in College Park, MD, rent included.

New York, NY $7,225
College Park, MD $4,574

A family of three spends $9,509 per month in New York, NY vs $5,807 in College Park, MD, rent included.

New York, NY $9,509
College Park, MD $5,807

New York, NY costs about 48% more than College Park, MD, and outside of rent the biggest gap is in groceries.

Both New York, NY and College Park, MD sit above the global median – New York, NY by 263%, College Park, MD by 145%.

Meal at Budget Restaurant

$28.55 $28.55

$15.75 $15.75

81.27%

Three-Course Dinner for Two, Mid-Range

$118 $118

$71.4 $71.4

65.92%

Fast Food Meal (McDonalds, etc)

$15.04 $15.04

$9.81 $9.81

53.31%

Cappuccino

$6.53 $6.53

$4.41 $4.41

48.07%

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

$3.96 $3.96

$2.69 $2.69

47.21%

Water (0.33 liter bottle)

$3.01 $3.01

$1.74 $1.74

72.99%

Local Beer (0.5 liter draught)

$8.16 $8.16

$6.31 $6.31

29.32%

Imported Beer (0.33 liter bottle)

$9.84 $9.84

$5.97 $5.97

64.82%

Milk (1 liter)

$1.37 $1.37

$0.84 $0.84

63.10%

White Bread (500g)

$4.97 $4.97

$2.50 $2.50

98.80%

Rice (white) (1kg)

$7.81 $7.81

$5.42 $5.42

44.10%

Eggs

$5.97 $5.97

$2.08 $2.08

187.02%

Local Cheese (1kg)

$18.91 $18.91

$6.38 $6.38

196.39%

Chicken Fillets (1kg)

$18.04 $18.04

$6.49 $6.49

177.97%

Beef Round Steak (1kg)

$19.05 $19.05

$19.86 $19.86

-4.08%

Apples (1kg)

$6.76 $6.76

$6.40 $6.40

5.62%

Banana (1kg)

$2.27 $2.27

$1.27 $1.27

78.74%

Oranges (1kg)

$6.83 $6.83

$7.43 $7.43

-8.08%

Tomato (1kg)

$7.09 $7.09

$5.50 $5.50

28.91%

Potato (1kg)

$4.22 $4.22

$4.90 $4.90

-13.88%

Onion (1kg)

$4.65 $4.65

$3.37 $3.37

37.98%

Lettuce (1 head)

$2.87 $2.87

$0.99 $0.99

189.90%

Water (1.5 liter bottle)

$2.60 $2.60

$3.12 $3.12

-16.67%

Cigarettes 20 Pack (Marlboro, Camel)

$18.77 $18.77

$9.66 $9.66

94.31%

Wine (Bottle)

$20.13 $20.13

$12.01 $12.01

67.61%

Local Beer (0.5 liter bottle)

$3.45 $3.45

$1.75 $1.75

97.14%

Imported Beer (0.33 liter bottle)

$4.02 $4.02

$3.67 $3.67

9.54%

One-way Ticket (Public Transport)

$2.91 $2.91

$3.06 $3.06

-4.90%

Public Transport Monthly Pass (Regular Price)

$139 $139

Taxi Start (Normal Tariff)

$3.08 $3.08

$4.07 $4.07

-24.32%

Taxi (Normal Tariff) (1km)

$2.12 $2.12

$1.97 $1.97

7.61%

Taxi 1hour Waiting (Normal Tariff)

$41.96 $41.96

$24.59 $24.59

70.64%

Gasoline (1 liter)

$1.17 $1.17

$0.98 $0.98

19.39%

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

$34.5K $34.5K

$29.8K $29.8K

15.54%

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

$25.9K $25.9K

$26.2K $26.2K

-1.31%

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

$219 $219

$240 $240

-8.47%

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

$74.2 $74.2

$50.3 $50.3

47.62%

Internet (50+ Mbps, Unlimited Data)

$70.2 $70.2

$68.6 $68.6

2.30%

Gym Membership (Monthly)

$112 $112

$39.41 $39.41

184.06%

Tennis Court (1 Hour on Weekend)

$74.9 $74.9

Cinema Ticket

$22.14 $22.14

$14.93 $14.93

48.29%

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

$3,558 $3,558

$2,016 $2,016

76.48%

International Primary School, 1 Child (Yearly)

$62.2K $62.2K

Jeans (Levis 501 Or Similar)

$75.6 $75.6

$47.66 $47.66

58.64%

Summer Dress (H&M, Zara, etc)

$51.2 $51.2

$32.48 $32.48

57.64%

Sport Shoes (Adidas, Nike)

$123 $123

$117 $117

5.08%

Men's Leather Business Shoes

$140 $140

$136 $136

3.12%

1-bedroom Apartment, City Center (Monthly)

$4,499 $4,499

$2,304 $2,304

95.31%

1-bedroom Apartment, Outside City Center (Monthly)

$3,078 $3,078

$2,093 $2,093

47.11%

3-bedroom Apartment, City Center (Monthly)

$9,447 $9,447

$3,930 $3,930

140.35%

3-bedroom Apartment, Outside City Center (Monthly)

$5,190 $5,190

$3,113 $3,113

66.71%

Buy Apartment in City Center (m2)

$18.1K $18.1K

Buy Apartment Outside City Center (m2)

$6,693 $6,693

Average Monthly Net Salary (After Tax)

$5,220 $5,220

$6,262 $6,262

-16.64%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.86

6.23

10.11%

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

Last update for New York, NY: October 26, 2026

Last update for College Park, MD: October 27, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.1K 62.3%

College Park, MD

$2.1K 62.7% 32% $986

Groceries & Markets

New York, NY

$563 11.4%

College Park, MD

$374 11.2% 33.5% $189

Eating Out

New York, NY

$440 8.9%

College Park, MD

$270 8.1% 38.8% $171

Monthly Utilities & Internet

New York, NY

$364 7.4%

College Park, MD

$359 10.7% 1.4% $5.2

Clothing & Footwear

New York, NY

$175 3.6%

College Park, MD

$150 4.5% 14.6% $26

Getting Around

New York, NY

$164 3.3%

College Park, MD

$26 * 0.8% 84.1% $138

Sport & Entertainment

New York, NY

$156 3.2%

College Park, MD

$69 2.1% 55.7% $87

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

Cost Breakdown

A central one-bedroom costs $4,499 in New York, NY versus $2,304 in College Park, MD. 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 20% higher in College Park, MD, 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 $118 in New York, NY versus $71 in College Park, MD. Monthly groceries follow the same trend: $563 vs $374 – making College Park, MD the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇺🇸 College Park, MD

🕒 Local time

23:31 11:31 PM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

34,740

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.898 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 College Park, MD: Cost of Living - Frequently Asked Questions

Monthly costs with rent: $4,941 in New York, NY, $3,340 in College Park, MD – College Park, MD comes out roughly 32% cheaper. Outside of rent, the biggest gap is in groceries.

For a comfortable life, plan on about $7,412 per month in New York, NY and $5,011 in College Park, MD. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in College Park, MD, especially for central apartments: a one-bedroom in the center costs $2,304 there versus $4,499 in New York, NY.

Monthly expenses with rent come to $4,941 in New York, NY and $3,340 in College Park, MD. That makes College Park, MD about 32% cheaper.

Kindergarten costs $3,558 per month in New York, NY and $2,016 in College Park, MD. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$3,000 is a stretch for both – monthly costs hit $4,941 in New York, NY and $3,340 in College Park, MD. You’ll need shared housing and careful budgeting no matter which city you pick.

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