Rent
1% cheaper
Los Angeles rent is 1% cheaper than New York
New York
$2,910/mo
Los Angeles
Winner$2,903/mo
What this means for your life
Typical rent runs $2,903 a month in Los Angeles versus $2,910 in New York, so Los Angeles is 1% cheaper. The monthly spread is about $7, or $84 a year: noticeable, but rent alone should not pick the city. Use this as a tie-breaker after you compare income, schools, and crime, unless you are already stretching every dollar.