Is New York, NY cheaper than Springfield, MA?

Based on cost of living data, New York, NY is 53.4% more expensive than Springfield, MA. This translates to spending an extra $4004 per month.

What salary do I need in New York, NY to live like I do in Springfield, MA?

If you earn $150,000 in Springfield, MA, you'd need approximately $198,045.124 in New York, NY to maintain the same standard of living.

How does housing cost compare between Springfield, MA and New York, NY?

Housing in New York, NY is 119.1% more expensive than in Springfield, MA. For a two-bedroom apartment, rent is $3,590/month in New York, NY compared to $1,150/month in Springfield, MA.

How much can I save per month by moving from Springfield, MA to New York, NY?

Living in New York, NY costs approximately $4004 more per month than Springfield, MA, or $48045 more per year, based on a $150,000 salary.

Springfield, MA vs New York, NY: Cost of Living Comparison 2026

Tap to swap

Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Springfield, MA

Numbers update automatically as you type

You'd spend $4.0K/month more in New York, NY

$150.0K in your current city equals $198.0K in New York, NY

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↑ 53.4%

More expensive

Monthly Impact

$4,004

Extra cost

Annual Impact

$48.0K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Springfield, MA

Population:154K

Cost Index:

100

100 = national average

Median Home:$294K

New York, NY

Population:8337K

Cost Index:

153

(53% above avg)

Median Home:$1.05M

Springfield, MA

The Bay State

154K

Population

State Tax

Yes

Located in Massachusetts, this city has a population of 154K residents.

New York, NY

The Empire State

8.3M

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Most populous city in the US
•Major global financial center
•World-renowned cultural hub

Major Industries

FinanceReal EstateTechnologyMedia

Cost Breakdown by Category

Annual spending: Springfield, MA vs New York, NY

Category	Springfield, MA	New York, NY	Difference	Change
Housing	$3,490/mo	$7,648/mo	↑ $4,158more	119.1%
Other	$1,341/mo	$2,034/mo	↑ $693more	51.6%
Transportation	$1,346/mo	$1,602/mo	↑ $257more	19.1%
Groceries	$925/mo	$1,165/mo	↑ $240more	25.9%
Healthcare	$637/mo	$688/mo	↑ $50.28more	7.9%
All Utilities	$614/mo	$600/mo	↓ $13.75less	2.2%

Housing

↑ 119.1%

Springfield, MA

$3,490

New York, NY

$7,648

Difference

$4,158

Other

↑ 51.6%

Springfield, MA

$1,341

New York, NY

$2,034

Difference

$693

Transportation

↑ 19.1%

Springfield, MA

$1,346

New York, NY

$1,602

Difference

$257

Groceries

↑ 25.9%

Springfield, MA

$925

New York, NY

$1,165

Difference

$240

Healthcare

↑ 7.9%

Springfield, MA

$637

New York, NY

$688

Difference

$50.28

All Utilities

↓ 2.2%

Springfield, MA

$614

New York, NY

$600

Difference

$13.75

less

🏛️ Local Income Taxes

New York, NY: NYC Income Tax$5,689/yr (3.8%)

Springfield, MA has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$809

To$3,120

↑ $2,311

1 Bed

From$915

To$3,270

↑ $2,355

2 Bed

From$1,150

To$3,590

↑ $2,440

3 Bed

From$1,409

To$4,500

↑ $3,091

Springfield, MAZIP-level data

1BR range: $1,240–$1,630/mo

New York, NYZIP-level data

1BR range: $2,260–$3,990/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$8,353

Monthly in Springfield, MA

$13,737

Monthly in New York, NY

$5,384

Difference

Home Values

Springfield

New York

$294K

Median Value

$1.05M

↑ +2.5%

YoY Change

↓ -0.1%

↑ +45.5%

5-Year Change

↓ -5.9%

$137K - $323K

Price Range

$471K - $3.49M

Homes in New York are 257% more expensive than Springfield

Calculate payment - Springfield Calculate payment - New York

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $2.0K

More taxes

Monthly Difference

$170

Less take-home

Effective Rate Diff

1.4%

Rate difference

Springfield, MA

Federal Income Tax

Effective: 18.9%

$25.5K

Massachusetts State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

New York, NY

Federal Income Tax

Effective: 18.9%

$25.5K

New York State Tax

Effective: 6.4%

$9.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.0%

$46.6K

Take-Home Pay

$8,620/month

$103.4K

Additional Tax Information

Springfield, MA Tax Rates

Sales Tax:6.3%

Property Tax:1.2%

New York, NY Tax Rates

Sales Tax:8.8%

Property Tax:1.2%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.