Babylon, NY vs New City, NY
Babylon, NY and New City, NY have a very similar cost of living, with only a 0.5% difference in their overall index. Babylon scores 162 while New City scores 163 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Babylon is $2,359/month compared to $2,395/month in New City — a 2% difference. Interestingly, home values tell a different story: while Babylon has cheaper rent, New City actually has lower median home values ($618,500 vs $622,100).
Median household income in Babylon is $143,856 compared to $174,479 in New City (-17.6%). While New City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Babylon spend roughly 19.7% of their income on rent, more than the 16.5% in New City.
Climate-wise, both cities share similar average temperatures (53.4°F vs 52°F). New City receives more rainfall at 47.8" per year compared to 38.3" in Babylon.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)