Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Florence, KY

For one person, living is cheaper in Florence, KY: $2,275 a month against $4,941 in New York, NY, rent and utilities included – about $32,000 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
109

Cost of Living Index in Florence, KY
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Florence, KY Living Index

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New York, NY

🇺🇸 United States

$4,941

/mo nomad

Florence, KY

🇺🇸 United States

$2,275

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Florence, KY

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 Florence, KY actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,941 in New York, NY versus $2,275 in Florence, KY.

New York, NY $4,941
Florence, KY $2,275

Estimated couple costs with rent: $7,225 in New York, NY versus $3,341 in Florence, KY.

New York, NY $7,225
Florence, KY $3,341

Monthly costs for a family of three with rent: $9,509 in New York, NY versus $4,407 in Florence, KY.

New York, NY $9,509
Florence, KY $4,407

Living in New York, NY is roughly 117% more expensive than in Florence, KY, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: New York, NY 263% above, Florence, KY 67% above.

Meal at Budget Restaurant

$28.55 $28.55

$14.83 $14.83

92.52%

Three-Course Dinner for Two, Mid-Range

$118 $118

$72.4 $72.4

63.56%

Fast Food Meal (McDonalds, etc)

$15.04 $15.04

$9.63 $9.63

56.18%

Cappuccino

$6.53 $6.53

$5.01 $5.01

30.34%

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

$3.96 $3.96

$2.23 $2.23

77.58%

Water (0.33 liter bottle)

$3.01 $3.01

$1.70 $1.70

77.06%

Local Beer (0.5 liter draught)

$8.16 $8.16

$6.10 $6.10

33.77%

Imported Beer (0.33 liter bottle)

$9.84 $9.84

$7.09 $7.09

38.79%

Milk (1 liter)

$1.37 $1.37

$0.79 $0.79

73.42%

White Bread (500g)

$4.97 $4.97

$3.39 $3.39

46.61%

Rice (white) (1kg)

$7.81 $7.81

$4.01 $4.01

94.76%

Eggs

$5.97 $5.97

$3.53 $3.53

69.12%

Local Cheese (1kg)

$18.91 $18.91

$12.87 $12.87

46.93%

Chicken Fillets (1kg)

$18.04 $18.04

$11.80 $11.80

52.88%

Beef Round Steak (1kg)

$19.05 $19.05

$16.17 $16.17

17.81%

Apples (1kg)

$6.76 $6.76

$5.53 $5.53

22.24%

Banana (1kg)

$2.27 $2.27

$1.65 $1.65

37.58%

Oranges (1kg)

$6.83 $6.83

$4.68 $4.68

45.94%

Tomato (1kg)

$7.09 $7.09

$4.58 $4.58

54.80%

Potato (1kg)

$4.22 $4.22

$2.61 $2.61

61.69%

Onion (1kg)

$4.65 $4.65

$2.88 $2.88

61.46%

Lettuce (1 head)

$2.87 $2.87

$2.12 $2.12

35.38%

Water (1.5 liter bottle)

$2.60 $2.60

$1.86 $1.86

39.78%

Cigarettes 20 Pack (Marlboro, Camel)

$18.77 $18.77

$8.81 $8.81

113.05%

Wine (Bottle)

$20.13 $20.13

$15.76 $15.76

27.73%

Local Beer (0.5 liter bottle)

$3.45 $3.45

$2.07 $2.07

66.67%

Imported Beer (0.33 liter bottle)

$4.02 $4.02

$2.99 $2.99

34.45%

One-way Ticket (Public Transport)

$2.91 $2.91

$2.03 $2.03

43.35%

Public Transport Monthly Pass (Regular Price)

$139 $139

$65.9 $65.9

110.71%

Taxi Start (Normal Tariff)

$3.08 $3.08

$2.80 $2.80

10.00%

Taxi (Normal Tariff) (1km)

$2.12 $2.12

$1.27 $1.27

66.93%

Taxi 1hour Waiting (Normal Tariff)

$41.96 $41.96

$25.02 $25.02

67.71%

Gasoline (1 liter)

$1.17 $1.17

$0.99 $0.99

18.18%

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

$34.5K $34.5K

$33.6K $33.6K

2.74%

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

$25.9K $25.9K

$25.8K $25.8K

0.33%

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

$219 $219

$179 $179

22.67%

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

$74.2 $74.2

$58.2 $58.2

27.63%

Internet (50+ Mbps, Unlimited Data)

$70.2 $70.2

$67.6 $67.6

3.94%

Gym Membership (Monthly)

$112 $112

$17.18 $17.18

551.63%

Tennis Court (1 Hour on Weekend)

$74.9 $74.9

Cinema Ticket

$22.14 $22.14

$15.10 $15.10

46.62%

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

$3,558 $3,558

$1,238 $1,238

187.47%

International Primary School, 1 Child (Yearly)

$62.2K $62.2K

$16.1K $16.1K

286.39%

Jeans (Levis 501 Or Similar)

$75.6 $75.6

$50.8 $50.8

48.84%

Summer Dress (H&M, Zara, etc)

$51.2 $51.2

$45.09 $45.09

13.55%

Sport Shoes (Adidas, Nike)

$123 $123

$89.7 $89.7

37.38%

Men's Leather Business Shoes

$140 $140

$110 $110

27.40%

1-bedroom Apartment, City Center (Monthly)

$4,499 $4,499

$1,306 $1,306

244.36%

1-bedroom Apartment, Outside City Center (Monthly)

$3,078 $3,078

$1,050 $1,050

193.29%

3-bedroom Apartment, City Center (Monthly)

$9,447 $9,447

$2,024 $2,024

366.69%

3-bedroom Apartment, Outside City Center (Monthly)

$5,190 $5,190

$1,694 $1,694

206.32%

Buy Apartment in City Center (m2)

$18.1K $18.1K

$1,889 $1,889

858.50%

Buy Apartment Outside City Center (m2)

$6,693 $6,693

$1,242 $1,242

438.75%

Average Monthly Net Salary (After Tax)

$5,220 $5,220

$3,517 $3,517

48.41%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.86

6.59

4.10%

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 Florence, KY: 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%

Florence, KY

$1K 46.1% 65.9% $2K

Groceries & Markets

New York, NY

$563 11.4%

Florence, KY

$389 17.1% 30.9% $174

Eating Out

New York, NY

$440 8.9%

Florence, KY

$268 11.8% 39.1% $172

Monthly Utilities & Internet

New York, NY

$364 7.4%

Florence, KY

$305 13.4% 16.3% $59

Clothing & Footwear

New York, NY

$175 3.6%

Florence, KY

$133 5.8% 24.2% $43

Getting Around

New York, NY

$164 3.3%

Florence, KY

$83 3.7% 49.3% $81

Sport & Entertainment

New York, NY

$156 3.2%

Florence, KY

$47 2.1% 69.7% $109

Cost Breakdown

A one-bedroom apartment in the center runs $4,499 in New York, NY and $1,306 in Florence, KY. Housing cost is often the main lever when comparing two cities.

New York, NY pays 48% 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: $118 in New York, NY vs $72 in Florence, KY for a mid-range dinner for two. Groceries echo the gap at $563 vs $389 per month, with Florence, KY cheaper across the board.

Good to know

🇺🇸 New York, NY

🇺🇸 Florence, KY

🕒 Local time

19:11 7:11 PM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

40,184

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.896 EUR

Exchange rates and currency converter

On the map

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Between locations

New York, NY Florence, KY 910 km ≈ 1 h 45 min nonstop flight

From you

New York, NY
Florence, KY

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 Florence, KY: Cost of Living - Frequently Asked Questions

Florence, KY is about 54% cheaper overall, especially in groceries, eating out, and leisure. That difference adds up to real monthly savings that compound significantly over time.

Average pay runs 48% 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: $4,499 in New York, NY versus $1,306 in Florence, KY. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 45% higher in New York, NY. For households that cook at home regularly, that difference adds up over a month.

Dining out is cheaper in Florence, KY – a meal for two runs $72 versus $118 in New York, NY. If you eat out regularly, this makes a real dent in your monthly spending.

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 Florence, KY gentler on the wallet – expenses run 54% less than in New York, NY. Beyond cost, consider language, visa policies, and how big the international community is in each city.