New York and Los Angeles in numbers: how is the cost of living different

New York and Los Angeles are cities of dreamers and artists, where energy is in full swing and food is famous throughout the world. As the country's two largest cities, these are where millennials congregate. Where do New York and Los Angeles start when it comes to real life in these cities?

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The labor market in both cities is well developed and stable. But New York beats Los Angeles in average annual income by about $3: $57 versus $782. The most common areas of employment in both cities are retail and medical work, he writes. CNBC.

Different works are concentrated in different parts of the country. New Yorkers are more likely than residents of other cities to become transport workers and fashion designers. Public transit drivers and subway train operators earn $74 a year in the city, fashion designers make $850 a year, and transit and railroad police officers make $94 a year.

In Los Angeles, there is a high concentration of makeup artists and media production workers. A make-up artist (make-up specialist) earns $ 81 110 per year, employees in charge of media equipment receive $ 84 720 per year, and film and video editors earn $ 115 160 per year.

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Both cities are known for their high housing prices. The average rent for a studio apartment in New York is $2400, while in Los Angeles it is $2661. But in the case of one-bedroom apartments, the difference is significant in favor of Los Angeles - renting such apartments in this city will cost $2448, while in New York it will cost $3157. If you're going to rent a two-bedroom apartment, it would cost $2472 in New York and $2799 in Los Angeles.

The average home price in New York is $619, and in Los Angeles it is $000.

When you say “Los Angeles,” the first thing that comes to mind is traffic jams. In the City of Angels, only 9,8% of residents use public transport, while 77,9% drive, and the average commute takes 30,9 minutes.

In New York, everything is different - 56,5% of residents use public transport, 26,6% drive cars, and the trip to work takes about 40,8 minutes.

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The cost of a metro ticket in Los Angeles is $ 100 per month, gas costs $ 3,68 per gallon (3,78 liters), a Uber ride 5 miles (8 km) will cost $ 10,11. In New York, you can buy a monthly pass for $ 121, gasoline costs $ 3,03 per gallon, and Uber will take you the same distance for $ 22,98.

It is interesting to study the prices of food and entertainment. The basic check after visiting the supermarket for food will be $48,84 in New York and $37,31 in Los Angeles. Dining out and entertainment are somewhat more expensive in the Big Apple, here are examples: a pint (473 ml) of local beer will cost $7 in New York and $6 in Los Angeles; movie tickets are $16 and $15, and a meal at a restaurant is $20 and $15, respectively.

According to surveys, Los Angeles bypasses New York in terms of life comfort and well-being, better physical health, financial security, and an optimistic outlook for the future. In New York, it is better to make a career due to high earnings. But Los Angeles wins the cost of living and the balance between work and other areas of life.

So, if you're looking for a better pizza experience, New York might be for you. And if your priority is beautiful sunsets, move to Los Angeles.

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