Cost of Living in Brooklyn, NY
| Cost of Living in Brooklyn, NY | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 57% higher | 179% higher |
| Utilities (Monthly) | 13% higher | 16% higher |
| Food | 9% higher | 14% higher |
| Healthcare | 16% higher | 28% higher |
| Transportation | 3% higher | 11% higher |
| Goods & Services | 6% higher | 13% higher |
The cost of living in Brooklyn, NY is 27% higher than the state average and 61% higher than the national average. Brooklyn, NY housing is 179% more expensive than the U.S average, while utilities are about 16% pricier. When it comes to basic necessities such as food and clothing, groceries are around 14% pricier in Brooklyn, NY than in the rest of the country, while clothing costs around 13% more .
Healthcare services such as doctor check-ups and dentistry cost 28% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 13% pricier in Brooklyn, NY.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Brooklyn is $4,685, while home prices circle around $1,439,124.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Brooklyn, energy bills cost around $260.41 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $5.28 in Brooklyn, a dozen eggs go for around $4.54 and a pound of potatoes circles around $4.52.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Brooklyn, an optometry check-up costs around $162.94, while a dentist appointment is priced $175.50 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.30 in Brooklyn, while getting your tires balanced will run you about $86.44.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $49.37 here. Meanwhile, a pair of women's slacks will set you back around $37.51.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Brooklyn, you should budget around $17.02 a month. When it comes to personal services, a haircut usually goes for $31.14, while dry cleaning costs about $18.04.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Brooklyn, the median household income is $81,464.