Nyc Cost Of Living Increase 2024. Area prices up 0.3 percent over the past month; The cost of living in new york city, ny is 41% higher than the state average and 77% higher than the national average.

The cost of living adjustment rose by 3.2 percent for 2024, the social security administration announced today. The city consists of five boroughs — manhattan, brooklyn, queens, the bronx and staten island — and the cost of living can vary significantly among them, even from.