Salary Breakdown for New York City

The median individual income in New York City is $47,389 per year, which works out to approximately $3,949/month or $22.78/hour for full-time workers. The median household income is $70,663.

Cost of Living Adjusted Salary

New York City's cost of living index is 187 (national average = 100). The median salary of $47,389 in New York City has the purchasing power of approximately $25,342 at the national average cost of living. The high cost of living in New York City means you need a significantly higher salary to maintain the same standard of living as cheaper cities.

Top Employers in New York City

  • NYC Government
  • JPMorgan Chase
  • Mount Sinai Health

Major Industries in New York City

  • Finance
  • Media
  • Technology

How New York City Compares to New York

See the full statewide salary data, tax rates, and more details on our average salary in New York page. Thinking about starting a business? Check our LLC guide for New York.

Cost of Living in New York City

See a detailed breakdown of housing, groceries, utilities, and more on our cost of living in New York City page.

Calculate Your Take-Home Pay

Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay and estimate your take-home pay after taxes.