Cost of Living Guide
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City comparison

Cost of living in New York vs Valencia

One person needs about €4,270 a month in New York and €1,489 in Valencia, rent included — Valencia is 65% cheaper overall.

🇺🇸
New York
United States · 8.3M pop
vs
🇪🇸
Valencia
Spain · 800K pop
Monthly rent (1BR)
€3,200€950
70% cheaper
Groceries / mo
€480€265
45% cheaper
Eating out (meal)
€25€12
52% cheaper
Internet (100mbps)
€60€30
50% cheaper
Avg salary (tech)
€8,200€2,200
73% lower
Coworking / mo
€420€140
67% cheaper
New YorkValencia
Rent€3,200€950
Groceries€480€265
Transport€120€50
Utilities€210€98

🇺🇸 New York

Extreme on both sides of the ledger: top-of-market pay, top-of-market burn rate.

Monthly budget: €4,270

Sources: US BLS + Census ACS, CPI-U (NY area) & ACS median gross rent (2024) · 502 community reports

🇪🇸 Valencia

Flat, cyclable and cheap for a coastal capital-grade city with real infrastructure.

Monthly budget: €1,489

Sources: INE Spain + Eurostat, HICP & provincial rent index (2025) · 198 community reports

Should you move to New York or Valencia?

On salary, New York pays more for tech roles (€8,200 versus €2,200 a month), so the money left over after costs is €3,930 in New York at the top end.

Rent drives most of the gap: €3,200 in New York against €950 in Valencia. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores New York at 61 and Valencia at 79 — see the full nomad index and our data methodology.

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