New York or Los Angeles, which one for living? which one to visit? which one for studying? which one is cheaper? which one has lower taxation?
Choosing a place to live in can be difficult, especially if it’s between such great cities like NY and LA.
Living factors vary from person to person. In this article, we will compare the weather, job market, living expenses and, education.
The weather in NYC and LA
New York is located in New York State on the east coast while Los Angeles sits in California on the west coast.
New York is mostly snowy/rainy and on average the temperature is around 18-23°F (-7 to -5°C).
On the other hand, Los Angeles has mild winters with occasional rain and the average temperature is around 68-48 °F (20-9 °C).
If you don’t mind to wear some extra layers during the cold season, you can compare other factors.
They both have pretty warm summers but the main difference is that Southern California’s forests are burning almost every summer which is not the most ideal weather for those who have asthma or any kind of breathing difficulties.
California has the highest income tax rate among all of the states in America with 13.3%, while New York state has 8.82%.
The unemployment rate for both cities is around 4.3%.
Although it seems like a cliche, Los Angeles is the best if you are interested in the film industry but don’t expect to become the next Grammy nominee in a year. It usually takes years to be seen. Of course, there are some exceptions to this but as they say, “No pain, no gain!”
New York is the right place for business savvies. There are tons of opportunities in stock market-related companies but it doesn’t mean that you cannot find an art-based job, theaters like West Broadway are known internationally.
Living expenses is one of the most important factors to consider.
Imagine Matt is making $90K a year and pays $45K for a one bedroom apartment in a city. His brother is making $75K and pays $20k for an identical place in another city. Who’s richer in this situation? The second one!
Although the salaries in New York on average are better than Los Angeles, living in New York is in fact more expensive.
Renting price in NY is more than 38% more expensive compared to LA.
A one bedroom apartment in Downtown NY is approximately $3200 while the same apartment in downtown LA is about $2200.
Even grocery prices are 40% more expensive.
But if you get paid $4500 in LA, you’ll get $5500 in NY.
Overall, living in New York is about %25 more than Los Angeles.
Living expenses for students are much higher in New York but it has a better public transportation system compared to Los Angeles. It’d be more likely for students in LA to buy a car.
It would be based on personal preferences where to choose as your studying destination.