New York vs London Salary Comparison
Based on estimated tax, rent and core living costs, a salary that feels comfortable in New York may need to be higher or lower in London to deliver the same Breathing Room. Cushy Index compares both cities using take-home pay, rent pressure, common expenses and lifestyle assumptions. Use the Salary Swap tool below to calculate your personalised equivalent, or enter both salaries to compare two real offers.
Key estimate: $150k in New York is roughly £124k in London to match after-tax monthly breathing room (static modeled FX) (directional estimate).
Main caveat: rent is usually the biggest swing factor, and household type, employer benefits and modeled exchange rates can change the winner — treat every figure as a directional estimate.
Salary Swap
Compare two cities by after-tax breathing room. Leave the target salary blank to calculate the equivalent salary automatically, or enter a target salary to compare two real offers.
Leave blank to calculate the equivalent salary automatically. Enter a target salary to compare two real offers.
New York vs London: estimated comparison
Directional estimates for a single employee renting a one-bedroom outside the centre at each city's median gross salary. Monetary values are in local currency; Cushy Index and rent pressure are currency-neutral.
| Metric | New York | London |
|---|---|---|
| Estimated median gross | $72k/yr | £40k/yr |
| Estimated net income | $4,633/mo | £2,693/mo |
| Rent used (1-bed, outside centre) | $2,500/mo | £1,600/mo |
| Rent pressure (% of net) | 54% | 59% |
| Breathing Room (est.) | $83/mo | -£182/mo |
| Cushy Index (0–100) | 34 | 29 |
Rent shock: New York vs London
Rent is usually the single biggest driver of the comparison. Benchmarks in local currency; Rent Pain Score (rent as a share of net income) is currency-neutral.
| Rent benchmark | New York | London |
|---|---|---|
| 1-bed apartment, city centre | $3,500/mo | £2,200/mo |
| 1-bed apartment, outside centre | $2,500/mo | £1,600/mo |
| Rent Pain Score at local median (single) | 54% | 59% |
Breathing Room comparison (estimated)
Breathing Room = estimated net income minus rent and core monthly costs, at each city's median gross salary. Values are in each city's local currency, so compare the pattern rather than the raw numbers.
| Household | New York | London |
|---|---|---|
| Single professional | $83/mo | -£182/mo |
| Couple (one earner) | -$1,217/mo | -£1,002/mo |
| Family (two children) | -$6,617/mo | -£4,252/mo |
Winner by profile (estimated)
| Profile | Better fit | Why |
|---|---|---|
| Single professional | New York | Higher overall Cushy Index at the local median (34 vs 29 Cushy Index) |
| Couple | New York | Higher Cushy Index for a dual-cost household (19 vs 17 Cushy Index) |
| Family | New York | Higher Cushy Index once family costs are included (15 vs 14 Cushy Index) |
| Rent affordability at local median | New York | Lower rent pressure at each city’s modeled local median (54% vs 59%) |
“Better fit” reflects the higher estimated Cushy Index (or lower rent pressure) at the local median. Your own result depends on salary, household and rent — use the tool above.
Best for & biggest caveat
New York is often the better fit for: single professional, couple, family, rent affordability at local median.
London is often the better fit for: no profile at the local median in this estimate.
Biggest caveat: Rent is the biggest swing factor (54% of net in New York vs 59% in London at the local median). Household type, employer benefits and modeled exchange rates can change the winner — treat every figure as a directional estimate.
Equivalent salary: New York → London (estimated)
The estimated London gross salary that delivers similar after-tax monthly breathing room to each New York salary. Directional estimates, rounded — your result depends on household, rent and benefits.
| New York salary | Equivalent in London | Basis |
|---|---|---|
| $100k in New York | ≈ £70k in London | to match after-tax monthly breathing room (static modeled FX) |
| $150k in New York | ≈ £124k in London | to match after-tax monthly breathing room (static modeled FX) |
| $200k in New York | ≈ £174k in London | to match after-tax monthly breathing room (static modeled FX) |
FAQ
What salary in London equals $150k in New York?
As a directional estimate, $150k in New York is roughly £124k in London to match after-tax monthly breathing room (static modeled FX). This depends on rent, household and benefits — use the tool above for your own numbers.
What salary in London equals a New York salary?
It depends on the difference in tax, rent and core living costs between New York and London. Cushy Index estimates the London salary that delivers similar after-tax breathing room to your New York salary. Use the tool above for a personalised, directional estimate.
Is London more expensive than New York after tax?
That depends on take-home pay and rent in each city. The comparison above estimates net pay, rent pressure and core costs side by side so you can see which city leaves more money after essentials.
Which city has a better Cushy Index?
The Cushy Index combines Local Pay Rank, Rent Pain Score and Breathing Room. The winner depends on your salary and household — the tool shows the Cushy Index for both cities at your numbers.
How does rent change the comparison?
Rent is usually the single biggest driver. A higher gross salary in one city can be cancelled out by higher rent, which is why Cushy Index weighs rent pressure heavily rather than comparing gross pay alone.
Is New York or London better for salary?
New York gross salaries are usually higher for comparable roles, but US federal, state and city taxes plus very high rent take a large share. London salaries are lower but so are some costs. The equivalence table above estimates the salary needed in each city for a similar lifestyle position.
What salary do you need in New York to match a London salary?
As a directional estimate, matching a professional London lifestyle in New York usually requires a substantially higher gross salary, driven mostly by Manhattan-level rents. Run your own numbers through the tool above for a personalised estimate.
New York vs London: key takeaways
- $150k in New York is roughly £124k in London to match after-tax monthly breathing room (static modeled FX) — a directional estimate, not a quote.
- New York is often the better fit for: single professional, couple, family, rent affordability at local median. London is often the better fit for: no profile at the local median in this estimate (estimated at each city's median salary).
- Rent usually decides the winner: the estimated Rent Pain Score at the local median is 54% in New York vs 59% in London.
- Every figure is an estimated benchmark — household type, employer benefits, actual rent and exchange rates can change the result. Use the tool above for your own numbers.
Popular salary checks
Methodology & Data Sources
Tax calculations
Simplified country models with mixed reference years. UK employee parameters checked for 2026/27. See Sources for scope and limitations.
Income percentiles
Modeled distributions. Exact original source rows and populations are not established; these are not measured personal ranks.
Cost of living
Legacy city-cost assumptions with unresolved observation dates and source rows. Actual costs vary by neighbourhood.
Cushy Index formula
Composite of income percentile (25%), rent burden (20%), breathing room (20%), savings (15%), city efficiency (10%), resilience (10%).
Read the five-city net-income report and rent sensitivity. Source register. Data sources & assumptions: simplified 2026 country tax assumptions, city-level rent and living-cost benchmarks, and estimated income-rank thresholds. Last updated: July 2026.
Explore both cities
More city comparisons
Modeled estimate. Actual results vary. Use this for general guidance, not as professional tax or legal advice.