How Much House You Get in Every State for the Cost of a New York Apartment
Despite what television shows would have you believe — looking at you, “Sex and the City,” “Seinfeld” and “Friends” — a typical New York apartment is neither spacious nor cheap. In fact, the median monthly rent price for a one-bedroom apartment in the Empire State is $2,450 — and that only gets you a measly 652 square feet.
To figure out the amount of house New Yorkers could be getting elsewhere in the U.S. for the same price, GOBankingRates used July 2019 housing data from Zillow, dividing the rent of a New York apartment by the price per square foot of single-family residences in each state. The states were then ranked from the smallest amount of square footage one can get for the price of a New York apartment to the largest amount.
Now, you might be thinking, “But who would give up living in New York? The hustle and bustle! The excitement!” And you’re right; you really can’t put a price on the sound of the 7 train jarring you awake each morning. There’s no numerical value for the overgrown rat that periodically emerges from the sewers to fight your chihuahua. And what about your bi-weekly run-in with old Pickpocket Steve? Sure, he’s attempted to steal your identity multiple times, but that’s part of the charm of the Big Apple, right?
Well, considering the fact that 47 of the 49 states on this list offer homes with 1,200 square feet or more of enviable space for about $2.5K a month, you might just consider leaving Steve behind. Or, heck, bring him with you. There’s enough space.
Last updated: Jan. 28, 2020
49. Massachusetts
Median rent list price per square foot: $2.70
What you can get for the cost of a New York apartment: 906.43 square feet
48. Hawaii
Median rent list price per square foot: $2.46
What you can get for the cost of a New York apartment: 994.63 square feet
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47. California
Median rent list price per square foot: $2.04
What you can get for the cost of a New York apartment: 1,201.22 square feet
46. Rhode Island
Median rent list price per square foot: $1.56
What you can get for the cost of a New York apartment: 1,575.52 square feet
45. Colorado
Median rent list price per square foot: $1.55
What you can get for the cost of a New York apartment: 1,578.19 square feet
44. New Jersey
Median rent list price per square foot: $1.52
What you can get for the cost of a New York apartment: 1,614.06 square feet
43. Maine
Median rent list price per square foot: $1.43
What you can get for the cost of a New York apartment: 1,715.00 square feet
42. Washington
Median rent list price per square foot: $1.41
What you can get for the cost of a New York apartment: 1,742.22 square feet
41. Connecticut
Median rent list price per square foot: $1.41
What you can get for the cost of a New York apartment: 1,742.77 square feet
40. New Hampshire
Median rent list price per square foot: $1.40
What you can get for the cost of a New York apartment: 1,751.15 square feet
39. Vermont
Median rent list price per square foot: $1.37
What you can get for the cost of a New York apartment: 1,788.92 square feet
38. Florida
Median rent list price per square foot: $1.36
What you can get for the cost of a New York apartment: 1,807.30 square feet
37. Maryland
Median rent list price per square foot: $1.34
What you can get for the cost of a New York apartment: 1,832.73 square feet
36. Illinois
Median rent list price per square foot: $1.31
What you can get for the cost of a New York apartment: 1,864.94 square feet
35. Oregon
Median rent list price per square foot: $1.27
What you can get for the cost of a New York apartment: 1,932.73 square feet
34. Minnesota
Median rent list price per square foot: $1.27
What you can get for the cost of a New York apartment: 1,935.42 square feet
33. Alaska
Median rent list price per square foot: $1.22
What you can get for the cost of a New York apartment: 2,004.55 square feet
32. Virginia
Median rent list price per square foot: $1.17
What you can get for the cost of a New York apartment: 2,100.10 square feet
31. Montana
Median rent list price per square foot: $1.13
What you can get for the cost of a New York apartment: 2,163.84 square feet
30. Pennsylvania
Median rent list price per square foot: $1.10
What you can get for the cost of a New York apartment: 2,227.27 square feet
29. Utah
Median rent list price per square foot: $1.09
What you can get for the cost of a New York apartment: 2,245.83 square feet
28. Nebraska
Median rent list price per square foot: $1.05
What you can get for the cost of a New York apartment: 2,330.31 square feet
27. Arizona
Median rent list price per square foot: $1.03
What you can get for the cost of a New York apartment: 2,372.42 square feet
26. Wyoming
Median rent list price per square foot: $1.02
What you can get for the cost of a New York apartment: 2,398.27 square feet
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25. Nevada
Median rent list price per square foot: $1.01
What you can get for the cost of a New York apartment: 2,415.75 square feet
24. Idaho
Median rent list price per square foot: $1.01
What you can get for the cost of a New York apartment: 2,423.46 square feet
23. Michigan
Median rent list price per square foot: $1.01
What you can get for the cost of a New York apartment: 2,431.89 square feet
22. Wisconsin
Median rent list price per square foot: $1.00
What you can get for the cost of a New York apartment: 2,438.24 square feet
21. Iowa
Median rent list price per square foot: $0.99
What you can get for the cost of a New York apartment: 2,463.69 square feet
20. North Dakota
Median rent list price per square foot: $0.98
What you can get for the cost of a New York apartment: 2,487.85 square feet
19. Texas
Median rent list price per square foot: $0.96
What you can get for the cost of a New York apartment: 2,539.36 square feet
18. Delaware
Median rent list price per square foot: $0.96
What you can get for the cost of a New York apartment: 2,558.89 square feet
17. South Dakota
Median rent list price per square foot: $0.96
What you can get for the cost of a New York apartment: 2,558.89 square feet
16. South Carolina
Median rent list price per square foot: $0.95
What you can get for the cost of a New York apartment: 2,587.20 square feet
15. Louisiana
Median rent list price per square foot: $0.93
What you can get for the cost of a New York apartment: 2,638.15 square feet
14. Tennessee
Median rent list price per square foot: $0.92
What you can get for the cost of a New York apartment: 2,658.25 square feet
13. Missouri
Median rent list price per square foot: $0.91
What you can get for the cost of a New York apartment: 2,689.41 square feet
12. New Mexico
Median rent list price per square foot: $0.91
What you can get for the cost of a New York apartment: 2,693.53 square feet
11. Ohio
Median rent list price per square foot: $0.90
What you can get for the cost of a New York apartment: 2,713.20 square feet
10. Kentucky
Median rent list price per square foot: $0.90
What you can get for the cost of a New York apartment: 2,718.21 square feet
9. Kansas
Median rent list price per square foot: $0.89
What you can get for the cost of a New York apartment: 2,751.64 square feet
8. North Carolina
Median rent list price per square foot: $0.87
What you can get for the cost of a New York apartment: 2,810.81 square feet
7. Georgia
Median rent list price per square foot: $0.86
What you can get for the cost of a New York apartment: 2,861.69 square feet
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6. Indiana
Median rent list price per square foot: $0.82
What you can get for the cost of a New York apartment: 2,980.52 square feet
5. Oklahoma
Median rent list price per square foot: $0.81
What you can get for the cost of a New York apartment: 3,006.45 square feet
4. Mississippi
Median rent list price per square foot: $0.79
What you can get for the cost of a New York apartment: 3,090.34 square feet
3. West Virginia
Median rent list price per square foot: $0.79
What you can get for the cost of a New York apartment: 3,097.55 square feet
2. Arkansas
Median rent list price per square foot: $0.78
What you can get for the cost of a New York apartment: 3,142.77 square feet
1. Alabama
Median rent list price per square foot: $0.74
What you can get for the cost of a New York apartment: 3,316.50 square feet
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Methodology: GOBankingRates used July 2019 housing data from Zillow to determine how much house you get in every U.S. state for the cost of a New York apartment. First, GOBankingRates found the (1) median monthly rent for a New York City apartment in July 2019 ($2,450) from Zillow’s city 1-bedroom median rent data. GOBankingRates then found each state’s (2) median rent per square foot for a single-family residence, condo, and co-op from Zillow. Factor one was then divided by factor two to calculate (3) the amount of square footage an individual can get for the price of monthly rent for a New York City apartment. All data was collected and is up to date as of Aug. 26, 2019.
This article originally appeared on GOBankingRates.com: How Much House You Get in Every State for the Cost of a New York Apartment