Cost of LivingUpdated 2026-03-23

New York, New York

In New York, New York, a gallon of regular gas costs $3.85 as of 2026-03-23 — $0.40 above the national average of $3.45. The average monthly rent for all unit types is $3,500, compared to the national average of $1,900. Grocery inflation is running at 2.58% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. New York's cost-of-living index of 138 puts it above the national average of 100.

StatesNew YorkNew York

Key Numbers

Gas (Regular)

$3.85

National: $3.45

3.0%vs. 2022
AAA Gas Prices

Avg Rent (All)

$3,500

National: $1,900

14.0%vs. 2022

Grocery Inflation

2.58%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$15.50

Combo meal

4.0%YoY

Electricity

21.8¢/kWh

~$196/mo avg bill

34.6%vs national avg
EIA Residential

Car Insurance

$248/mo

$2,980/yr state avg

38.6%vs national avg
Bankrate/NAIC

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Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$2.33$2.80$3.62$5.30$2.86+2960.0%
Milk (gallon)$4.61$4.98$4.98$5.18$5.34+630.0%
Ground Beef (lb)$4.95$6.14$6.51$6.77$6.91+39.6%
Bread (loaf)$2.90$3.95$4.18$4.48$4.62+1900.0%
Chicken Breast (lb)$4.92$5.22$5.38$5.54$5.60+2630.0%
Butter (lb)$5.27$5.90$6.26$6.45$6.58+24.9%
Bacon (lb)$8.65$9.44$10.01$10.31$10.62+22.8%
Cheddar Cheese (lb)$7.65$8.50$8.66$9.01$9.28+21.3%
Pasta (lb)$1.90$2.29$2.43$2.55$2.58+35.8%
Rice (5 lb)$5.27$6.18$6.49$6.49$6.49+23.1%
Coffee (12 oz)$11.10$13.32$14.53$15.41$15.71+41.5%
Orange Juice (64 oz)Citrus shortage$4.82$5.74$6.25$6.56$6.96+44.4%
Potatoes (5 lb)$5.12$5.48$5.64$5.69$5.75+12.3%
Apples (3 lb)$5.88$6.11$6.48$6.67$6.87+16.8%
Tomatoes (lb)$2.84$3.21$3.37$3.50$3.60+26.8%
Lettuce (head)$2.26$2.46$2.66$2.79$2.90+28.3%
Cooking Oil (48 oz)$6.83$8.37$9.13$9.31$9.50+39.1%
Yogurt (32 oz)$5.59$5.92$6.22$6.34$6.47+15.7%
Cereal (family size)$6.39$7.42$8.10$8.42$8.50+33.0%
Frozen Pizza$7.86$9.34$10.29$11.13$11.58+47.3%

Dining & Restaurants

Fast Food Meal

$15.50

Casual Dining

$50.49

Monthly Spend

$884.72

+3.96% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $15.96

$25.75

+61.3%

Wendy's

2022: $18.02

$27.81

+54.3%

Chipotle

2022: $19.31

$28.84

+49.4%

Starbucks

2022: $8.14

$11.30

+38.8%

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Average 1BR: $2,730/mo · 2BR: $4,130/mo

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