Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Key West, FL

For one person, living costs are similar in New York, NY and in Key West, FL: $4,941 and $4,854 a month, rent and utilities included.

239

Cost of Living Index in New York, NY
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New York, NY Living Index
230

Cost of Living Index in Key West, FL
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Key West, FL Living Index

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New York, NY

🇺🇸 United States

$4,941

/mo nomad

Key West, FL

🇺🇸 United States

$4,854

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Key West, FL

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 Key West, FL actually costs, broken down by who's living it.

A single person spends $4,941 per month in New York, NY vs $4,854 in Key West, FL, rent included.

New York, NY $4,941
Key West, FL $4,854

A couple spends around $7,225 per month in New York, NY vs $7,044 in Key West, FL, rent included.

New York, NY $7,225
Key West, FL $7,044

A family of three spends $9,509 per month in New York, NY vs $9,234 in Key West, FL, rent included.

New York, NY $9,509
Key West, FL $9,234

New York, NY and Key West, FL have comparable living costs – the differences are in the details.

Both New York, NY and Key West, FL sit above the global median – New York, NY by 263%, Key West, FL by 257%.

Meal at Budget Restaurant

$28.55 $28.55

$21.78 $21.78

31.08%

Three-Course Dinner for Two, Mid-Range

$118 $118

$101 $101

17.42%

Fast Food Meal (McDonalds, etc)

$15.04 $15.04

$12.08 $12.08

24.50%

Cappuccino

$6.53 $6.53

$4.70 $4.70

38.94%

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

$3.96 $3.96

$2.34 $2.34

69.23%

Water (0.33 liter bottle)

$3.01 $3.01

$2.00 $2.00

50.50%

Local Beer (0.5 liter draught)

$8.16 $8.16

$5.92 $5.92

37.84%

Imported Beer (0.33 liter bottle)

$9.84 $9.84

$6.80 $6.80

44.71%

Milk (1 liter)

$1.37 $1.37

$1.04 $1.04

31.73%

White Bread (500g)

$4.97 $4.97

$3.76 $3.76

32.18%

Rice (white) (1kg)

$7.81 $7.81

$6.57 $6.57

18.87%

Eggs

$5.97 $5.97

$5.42 $5.42

10.15%

Local Cheese (1kg)

$18.91 $18.91

$11.69 $11.69

61.76%

Chicken Fillets (1kg)

$18.04 $18.04

$13.64 $13.64

32.26%

Beef Round Steak (1kg)

$19.05 $19.05

$23.55 $23.55

-19.11%

Apples (1kg)

$6.76 $6.76

$4.96 $4.96

36.29%

Banana (1kg)

$2.27 $2.27

$1.89 $1.89

20.11%

Oranges (1kg)

$6.83 $6.83

$3.72 $3.72

83.60%

Tomato (1kg)

$7.09 $7.09

$5.03 $5.03

40.95%

Potato (1kg)

$4.22 $4.22

$5.89 $5.89

-28.35%

Onion (1kg)

$4.65 $4.65

$3.40 $3.40

36.76%

Lettuce (1 head)

$2.87 $2.87

$3.41 $3.41

-15.84%

Water (1.5 liter bottle)

$2.60 $2.60

$2.57 $2.57

1.17%

Cigarettes 20 Pack (Marlboro, Camel)

$18.77 $18.77

$8.18 $8.18

129.46%

Wine (Bottle)

$20.13 $20.13

$14.03 $14.03

43.48%

Local Beer (0.5 liter bottle)

$3.45 $3.45

$1.93 $1.93

78.76%

Imported Beer (0.33 liter bottle)

$4.02 $4.02

$2.28 $2.28

76.32%

One-way Ticket (Public Transport)

$2.91 $2.91

$4.04 $4.04

-27.97%

Public Transport Monthly Pass (Regular Price)

$139 $139

Taxi Start (Normal Tariff)

$3.08 $3.08

$4.06 $4.06

-24.14%

Taxi (Normal Tariff) (1km)

$2.12 $2.12

$3.05 $3.05

-30.49%

Taxi 1hour Waiting (Normal Tariff)

$41.96 $41.96

$30.13 $30.13

39.26%

Gasoline (1 liter)

$1.17 $1.17

$0.90 $0.90

30.00%

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

$34.5K $34.5K

-0.20%

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

$25.9K $25.9K

$25.6K $25.6K

1.04%

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

$219 $219

$216 $216

1.43%

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

$74.2 $74.2

$52.6 $52.6

41.17%

Internet (50+ Mbps, Unlimited Data)

$70.2 $70.2

$75.0 $75.0

-6.34%

Gym Membership (Monthly)

$112 $112

$80.1 $80.1

39.69%

Tennis Court (1 Hour on Weekend)

$74.9 $74.9

Cinema Ticket

$22.14 $22.14

$13.92 $13.92

59.05%

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

$3,558 $3,558

$1,069 $1,069

232.65%

International Primary School, 1 Child (Yearly)

$62.2K $62.2K

$21.3K $21.3K

191.38%

Jeans (Levis 501 Or Similar)

$75.6 $75.6

$47.45 $47.45

59.35%

Summer Dress (H&M, Zara, etc)

$51.2 $51.2

$42.08 $42.08

21.67%

Sport Shoes (Adidas, Nike)

$123 $123

$72.6 $72.6

69.62%

Men's Leather Business Shoes

$140 $140

$67.4 $67.4

107.33%

1-bedroom Apartment, City Center (Monthly)

$4,499 $4,499

$3,413 $3,413

31.81%

1-bedroom Apartment, Outside City Center (Monthly)

$3,078 $3,078

$3,478 $3,478

-11.50%

3-bedroom Apartment, City Center (Monthly)

$9,447 $9,447

$7,139 $7,139

32.33%

3-bedroom Apartment, Outside City Center (Monthly)

$5,190 $5,190

$6,089 $6,089

-14.76%

Buy Apartment in City Center (m2)

$18.1K $18.1K

$9,569 $9,569

89.23%

Buy Apartment Outside City Center (m2)

$6,693 $6,693

$9,439 $9,439

-29.09%

Average Monthly Net Salary (After Tax)

$5,220 $5,220

$5,899 $5,899

-11.50%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.86

6.38

7.52%

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 Key West, FL: 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%

Key West, FL

$3.5K 71.7% 13% $400

Groceries & Markets

New York, NY

$563 11.4%

Key West, FL

$457 9.4% 18.8% $106

Eating Out

New York, NY

$440 8.9%

Key West, FL

$327 6.8% 25.6% $113

Monthly Utilities & Internet

New York, NY

$364 7.4%

Key West, FL

$344 7.1% 5.5% $20

Clothing & Footwear

New York, NY

$175 3.6%

Key West, FL

$103 2.1% 41.1% $72

Getting Around

New York, NY

$164 3.3%

Key West, FL

$36 * 0.7% 78.4% $129

Sport & Entertainment

New York, NY

$156 3.2%

Key West, FL

$108 2.2% 30.9% $48

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 $3,413 in Key West, FL. 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 13% higher in Key West, FL. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $118 in New York, NY versus $101 in Key West, FL. Monthly groceries follow the same trend: $563 vs $457 – making Key West, FL the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇺🇸 Key West, FL

🕒 Local time

11:04 11:04 AM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

24,684

💱 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 Key West, FL 1,920 km ≈ 3 h nonstop flight

From you

New York, NY
Key West, FL

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 Key West, FL: Cost of Living - Frequently Asked Questions

For a comfortable life, plan on about $7,412 per month in New York, NY and $7,281 in Key West, FL. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Key West, FL, especially for central apartments: a one-bedroom in the center costs $3,413 there versus $4,499 in New York, NY.

A mid-range dinner for two costs $118 in New York, NY and $101 in Key West, FL. That’s a good indicator of the overall restaurant and café pricing gap between the two cities.

Kindergarten costs $3,558 per month in New York, NY and $1,069 in Key West, FL. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$4,000 is a stretch for both – monthly costs hit $4,941 in New York, NY and $4,854 in Key West, FL. You’ll need shared housing and careful budgeting no matter which city you pick.

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