New York vs Savannah
New York, NY · Savannah, GA
Savannah is 47% cheaper than New York overall.
Home Price
New: $750,000
Savannah: $290,000
Monthly Rent
New: $3,600/mo
Savannah: $1,598/mo
COL Index
New: 187
Savannah: 100
Median Income
New: $76,607
Savannah: $57,000
Side-by-Side Comparison
Median Home Price
Monthly Rent (Median)
Median Household Income
Property Tax Rate
Cost of Living Index
100 = national average
Avg. Commute
Unemployment Rate
Median Age
What This Means For You
Buying Power
A $100,000 salary in New York has the same purchasing power as $53,476 in Savannah — based on each city's cost of living index.
Housing
Homes in Savannah cost 61% more (-$460,000 extra). Expect a larger mortgage and down payment.
Renting
Renting in Savannah saves you $2,002/month — $24,024 per year. Median rent: $3,600/mo in New York vs $1,598/mo in Savannah.
Property Taxes
On a median-priced home, New York owners pay roughly $12,750/year in property taxes vs $2,668/year in Savannah. That's a $10,082 annual difference.
Local Earnings
Median household income is $76,607 in New York and $57,000 in Savannah. Savannah residents earn 26% more — but remember to factor in cost of living.
Daily Commute
Average commute is 36 minutes in New York vs 24 minutes in Savannah. Over a year, that's 6000 extra minutes (100 hours) of commuting in New York.
Salary Equivalence
To maintain the same lifestyle when moving from New York to Savannah, here's the salary you'd need:
| Salary in New York | Equivalent in Savannah | Difference |
|---|---|---|
| $50,000 | $26,738 | -$23,262 |
| $75,000 | $40,107 | -$34,893 |
| $100,000 | $53,476 | -$46,524 |
| $150,000 | $80,214 | -$69,786 |
| $200,000 | $106,952 | -$93,048 |
* Calculated using cost of living indices (national average = 100). Does not account for state income tax differences.
Run the Numbers
Mortgage Calculator
See monthly payments for homes in either city
Rent vs Buy
Is it cheaper to rent or buy in these markets?
Cost of Living
Full cost of living comparison tool
Home Appreciation
Project future home value growth
Affordability Calculator
How much home can you afford?
Property Tax Calculator
Estimate taxes in New York or Savannah
New York Calculators
Savannah Calculators
Related Comparisons
New York vs Savannah: Common Questions
Is New York or Savannah cheaper to live in?
Based on cost of living indices, Savannah is cheaper overall. New York has a COL index of 187 while Savannah scores 100 (national average = 100).
How do home prices compare between New York and Savannah?
The median home price in New York is $750,000 vs $290,000 in Savannah — a difference of $460,000 (61%).
What salary do I need in Savannah to match my New York income?
Use the salary equivalence table above. For example, a $100K salary in New York is equivalent to $53,476 in Savannah in terms of purchasing power.
Which city has lower property taxes?
Savannah has a lower property tax rate (0.92% vs 1.7%). On a median-priced home, that means paying $2,668/year vs $12,750/year.
Cost of living data sourced from Council for Community and Economic Research (C2ER) Cost of Living Index, U.S. Census Bureau American Community Survey, and Zillow Research. Tax rates from Tax Foundation and state revenue agencies. Last updated: March 2025.