Last update: Oct 2026

Cost of Living Comparison Between New York, NY and Mount Laurel, NJ

For one person, living is cheaper in Mount Laurel, NJ: $2,546 a month against $4,938 in New York, NY, rent and utilities included – about $28,700 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
123

Cost of Living Index in Mount Laurel, NJ
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Mount Laurel, NJ Living Index

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New York, NY

🇺🇸 United States

$4,938

/mo nomad

Mount Laurel, NJ

🇺🇸 United States

$2,546

/mo nomad

Monthly Cost of Living

How much you'll spend in New York, NY and in Mount Laurel, 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 Mount Laurel, NJ actually costs, broken down by who's living it.

A single person spends $4,938 per month in New York, NY vs $2,546 in Mount Laurel, NJ, rent included.

New York, NY $4,938
Mount Laurel, NJ $2,546

A couple spends around $7,273 per month in New York, NY vs $3,715 in Mount Laurel, NJ, rent included.

New York, NY $7,273
Mount Laurel, NJ $3,715

A family of three spends $9,608 per month in New York, NY vs $4,885 in Mount Laurel, NJ, rent included.

New York, NY $9,608
Mount Laurel, NJ $4,885

New York, NY costs about 94% more than Mount Laurel, NJ, and outside of rent the biggest gap is in groceries.

Both New York, NY and Mount Laurel, NJ sit above the global median – New York, NY by 264%, Mount Laurel, NJ by 88%.

Meal at Budget Restaurant

$24.99 $24.99

$17.17 $17.17

45.54%

Three-Course Dinner for Two, Mid-Range

$120 $120

$81.2 $81.2

48.17%

Fast Food Meal (McDonalds, etc)

$13.74 $13.74

$11.78 $11.78

16.64%

Cappuccino

$6.60 $6.60

$5.17 $5.17

27.66%

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

$3.82 $3.82

$3.05 $3.05

25.25%

Water (0.33 liter bottle)

$2.87 $2.87

$1.94 $1.94

47.94%

Local Beer (0.5 liter draught)

$7.95 $7.95

$3.02 $3.02

163.25%

Imported Beer (0.33 liter bottle)

$10.06 $10.06

$5.87 $5.87

71.38%

Milk (1 liter)

$1.37 $1.37

$1.46 $1.46

-6.16%

White Bread (500g)

$4.75 $4.75

$2.81 $2.81

69.04%

Rice (white) (1kg)

$7.69 $7.69

$5.43 $5.43

41.62%

Eggs

$5.87 $5.87

$3.95 $3.95

48.61%

Local Cheese (1kg)

$19.25 $19.25

$12.28 $12.28

56.76%

Chicken Fillets (1kg)

$17.83 $17.83

$6.56 $6.56

171.80%

Beef Round Steak (1kg)

$19.03 $19.03

$13.33 $13.33

42.76%

Apples (1kg)

$6.69 $6.69

$5.66 $5.66

18.20%

Banana (1kg)

$2.29 $2.29

$1.61 $1.61

42.24%

Oranges (1kg)

$6.41 $6.41

$4.34 $4.34

47.70%

Tomato (1kg)

$6.75 $6.75

$4.46 $4.46

51.35%

Potato (1kg)

$3.93 $3.93

$2.23 $2.23

76.23%

Onion (1kg)

$4.52 $4.52

$3.14 $3.14

43.95%

Lettuce (1 head)

$2.79 $2.79

$2.38 $2.38

17.23%

Water (1.5 liter bottle)

$2.51 $2.51

$2.37 $2.37

5.91%

Cigarettes 20 Pack (Marlboro, Camel)

$18.10 $18.10

$11.68 $11.68

54.97%

Wine (Bottle)

$20.16 $20.16

$14.77 $14.77

36.49%

Local Beer (0.5 liter bottle)

$3.26 $3.26

$2.43 $2.43

34.16%

Imported Beer (0.33 liter bottle)

$3.75 $3.75

$4.46 $4.46

-15.92%

One-way Ticket (Public Transport)

$2.92 $2.92

$2.14 $2.14

36.45%

Public Transport Monthly Pass (Regular Price)

$143 $143

Taxi Start (Normal Tariff)

$3.06 $3.06

$2.77 $2.77

10.47%

Taxi (Normal Tariff) (1km)

$2.16 $2.16

$1.52 $1.52

42.11%

Taxi 1hour Waiting (Normal Tariff)

$41.33 $41.33

$23.84 $23.84

73.36%

Gasoline (1 liter)

$1.12 $1.12

$1.10 $1.10

1.82%

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

$33.1K $33.1K

$32.5K $32.5K

1.93%

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

$25.7K $25.7K

$26.6K $26.6K

-3.21%

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

$219 $219

$212 $212

3.40%

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

$75.3 $75.3

$63.0 $63.0

19.50%

Internet (50+ Mbps, Unlimited Data)

$70.5 $70.5

$64.8 $64.8

8.83%

Gym Membership (Monthly)

$116 $116

$38.85 $38.85

197.30%

Tennis Court (1 Hour on Weekend)

$67.6 $67.6

Cinema Ticket

$21.37 $21.37

$15.47 $15.47

38.14%

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

$3,432 $3,432

$2,268 $2,268

51.32%

International Primary School, 1 Child (Yearly)

$61.7K $61.7K

$41.8K $41.8K

47.53%

Jeans (Levis 501 Or Similar)

$74.9 $74.9

$48.83 $48.83

53.35%

Summer Dress (H&M, Zara, etc)

$52.1 $52.1

$47.01 $47.01

10.91%

Sport Shoes (Adidas, Nike)

$117 $117

$105 $105

11.42%

Men's Leather Business Shoes

$135 $135

$142 $142

-5.26%

1-bedroom Apartment, City Center (Monthly)

$4,347 $4,347

$1,569 $1,569

177.05%

1-bedroom Apartment, Outside City Center (Monthly)

$3,117 $3,117

$1,312 $1,312

137.49%

3-bedroom Apartment, City Center (Monthly)

$9,110 $9,110

$2,461 $2,461

270.15%

3-bedroom Apartment, Outside City Center (Monthly)

$5,379 $5,379

$2,148 $2,148

150.46%

Buy Apartment in City Center (m2)

$19.3K $19.3K

$3,099 $3,099

522.30%

Buy Apartment Outside City Center (m2)

$6,943 $6,943

$2,106 $2,106

229.63%

Average Monthly Net Salary (After Tax)

$5,238 $5,238

20-Year Fixed Mortgage Interest Rate (Annual %)

6.85

6.62

3.47%

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

Last update for New York, NY: October 17, 2026

Last update for Mount Laurel, NJ: October 18, 2026

Monthly budget structure

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

Accommodation & Living

New York, NY

$3.1K 63.1%

Mount Laurel, NJ

$1.3K 51.6% 57.9% $1.8K

Groceries & Markets

New York, NY

$552 11.2%

Mount Laurel, NJ

$369 14.5% 33.2% $183

Eating Out

New York, NY

$407 8.2%

Mount Laurel, NJ

$282 11.1% 30.8% $125

Monthly Utilities & Internet

New York, NY

$365 7.4%

Mount Laurel, NJ

$340 13.4% 6.9% $25

Clothing & Footwear

New York, NY

$170 3.5%

Mount Laurel, NJ

$154 6.1% 9.4% $16

Getting Around

New York, NY

$168 3.4%

Mount Laurel, NJ

$19 * 0.7% 88.7% $149

Sport & Entertainment

New York, NY

$158 3.2%

Mount Laurel, NJ

$70 2.7% 55.9% $88

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

Cost Breakdown

A central one-bedroom costs $4,347 in New York, NY versus $1,569 in Mount Laurel, 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 $120 in New York, NY versus $81.0 in Mount Laurel, NJ. Monthly groceries follow the same trend: $552 vs $369 – making Mount Laurel, NJ the more affordable choice for daily food spending.

Good to know

🇺🇸 New York, NY

🇺🇸 Mount Laurel, NJ

🕒 Local time

22:15 10:15 PM

Same time as New York, NY

🌤 Weather

👥 Population

8,804,190

40,326

💱 Currency

United States Dollar USD $

📈 Exchange rate

1 USD = 0.89 EUR

Exchange rates and currency converter

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New York, NY Mount Laurel, NJ 99 km

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New York, NY
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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 Mount Laurel, NJ: Cost of Living - Frequently Asked Questions

Yes – New York, NY is pricier by about 94%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $7,407 per month in New York, NY and $3,819 in Mount Laurel, NJ. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Mount Laurel, NJ, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $4,938 in New York, NY and $2,546 in Mount Laurel, NJ. That's a gap of about 94%.

Kindergarten costs $3,432 per month in New York, NY and $2,268 in Mount Laurel, NJ. For families with young kids, this one expense can tip the scales when choosing between the two cities.

$2,500 is a stretch for both – monthly costs hit $4,938 in New York, NY and $2,546 in Mount Laurel, NJ. You'll need shared housing and careful budgeting no matter which city you pick.

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

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 Mount Laurel, 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.