How do LA and NYC compare when it comes to living expenses?
Obviously, the reasons for moving to either city listed above are key factors. However, when answering the question “should I move to LA or NYC?”, you have to take the cost of living and other related factors into consideration. Obviously, the staff here at NYC Movers & Packers cannot suggest where you should live. But we can provide the following cost of living information that may help make it easier to decide on one or the other:
- Average annual income is $54,400 in LA compared to $57,800 in NYC
- Average commute time is 30.9 minutes in LA compared to 40.8 minutes in NYC (Wait a minute. NYC is worse?)
- Average electricity cost is 13.03¢/KWh in LA and 23.21¢/KWh in NYC (over 10¢/KWh higher in the Big Apple)
- Average price of a suburban home is $700,000 in LA compared to $995,000 or more in NYC
- Average rent for a 1-bedroom apartment is $2,444 in LA compared to $2,550 in NYC
- Cost of public transportation in LA is about $100 per month compared to $127 per month in NYC (although LA is cheaper, you’ll probably need a vehicle)
Where the quality of life is concerned, the fact that Los Angeles enjoys 60 more sunny days per year than NYC means that living there is better for your health and well-being. However, the choice is yours and we’ll be with you every step of the way when you decide to relocate to LA or NYC.
How much does a long-distance move to LA or NYC cost?
Depending on where you currently live, one of the key factors that influence the cost of your move is the distance to either city. Additionally, there are other factors that could impact the cost of moving to NYC. In either case the distance, moving services required, number of movers needed, size of the move, and the time of year you’re moving will play a significant role in determining the cost. For an accurate in-home estimate, contact NYC Movers & Packers today.