{"id":13158,"date":"2014-06-29T08:58:44","date_gmt":"2014-06-29T07:58:44","guid":{"rendered":"https:\/\/www.france-hotel-guide.com\/en\/blog\/?p=13158"},"modified":"2022-01-13T11:57:48","modified_gmt":"2022-01-13T10:57:48","slug":"paris-or-new-york-most-expensive","status":"publish","type":"post","link":"https:\/\/www.france-hotel-guide.com\/en\/blog\/paris-or-new-york-most-expensive\/","title":{"rendered":"Paris or New York : Which City Is the Most Expensive?"},"content":{"rendered":"<p><em>Paris and New York are two famous cities in which 2 million and 8 million people live respectively. But \u201cfamous city\u201d also means \u201cexpensive life\u201d. So, of Paris and New York, which city needs the biggest budget to live? We have investigated and pulled a lot of data.<br \/>\n<\/em><\/p>\n<p>Warning: the numbers indicated in this post are the result of a thorough research and check. The purpose was not to inflate the prices of one city or the other, but to compare them as objectively as possible.<\/p>\n<figure id=\"attachment_13161\" aria-describedby=\"caption-attachment-13161\" style=\"width: 610px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-13161\" src=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Paris_NewYork.png\" alt=\"\" width=\"620\" height=\"390\" srcset=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Paris_NewYork.png 620w, https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Paris_NewYork-475x299.png 475w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption id=\"caption-attachment-13161\" class=\"wp-caption-text\">Left: view of the Eiffel Tower. Right: Manhattan viewed from the sky<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<h2>Housing<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13162\" src=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/De\u0301me\u0301nagement.jpeg\" alt=\"\" width=\"620\" height=\"930\" srcset=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/De\u0301me\u0301nagement.jpeg 620w, https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/De\u0301me\u0301nagement-317x475.jpeg 317w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/p>\n<p>Housing is expensive in both cities, both for purchase and for rental. Let\u2019s look at the prices in detail.<\/p>\n<p>&nbsp;<\/p>\n<h3>Purchase<\/h3>\n<p>The average price per square meter is now 11,068\u20ac in Paris and 13,382\u20ac (15,574$) in New York.<\/p>\n<p>For purchase, <strong>the price per square meter is 17% more expensive in New York than it is in Paris<\/strong>.<\/p>\n<p>The most expensive districts in Paris are the 1st (13,313\u20ac\/m2), the 6th (15,617\u20ac\/m2) and the 7th (13,442\u20ac\/m2) arrondissements, and the cheapest ones are the 13th (9,246\u20ac\/m2), the 18th (9,904\u20ac\/m2), the 19th (9,402\u20ac\/m2) and the 20th (9,282\u20ac\/m2).<\/p>\n<p>In New York, the highest prices are in the districts of Tribeca (17,184\u20ac\/m2) and Soho (18,902\u20ac\/m2), and the lowest ones are in Harlem (8,592\u20ac\/m2) and Washington Heights (5,524\u20ac\/m2).<\/p>\n<table>\n<tbody>\n<tr>\n<td><b>MOST EXPENSIVE DISTRICT<\/b><\/td>\n<td><b>Paris 6th<\/b><\/td>\n<td><b>New York Tribeca<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Studio<\/b><\/td>\n<td><span style=\"font-weight: 400;\">744,375 \u20ac<\/span><\/td>\n<td><span style=\"font-weight: 400;\">762,625 \u20ac<br \/>\n<\/span><span style=\"font-weight: 400;\">(887,599 $)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>1 bedroom<\/b><\/td>\n<td><span style=\"font-weight: 400;\">1,005,000 \u20ac<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,181,113 \u20ac<br \/>\n<\/span><span style=\"font-weight: 400;\">(1,374,666 $)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>3 bedroom<\/b><\/td>\n<td><span style=\"font-weight: 400;\">2,418,333 \u20ac<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3,113,167 \u20ac<br \/>\n<\/span><span style=\"font-weight: 400;\">(3,623,333 $)<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>AVERAGE PRICE<\/b><\/td>\n<td><span style=\"font-weight: 400;\">1,389,236 \u20ac<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1,685,635 \u20ac<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On average and <strong>regarding the most expensive districts only, housing for purchase is 17.5% more expensive in New York<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>CHEAPEST DISTRICT<\/strong><\/td>\n<td><strong>Paris 13th<\/strong><\/td>\n<td><strong>New York Harlem<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Studio<\/strong><\/td>\n<td>305,116 \u20ac<\/td>\n<td>381,055 \u20ac<br \/>\n(443,500 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>1 bedroom<\/strong><\/td>\n<td>424,150 \u20ac<\/td>\n<td>459,528 \u20ac<br \/>\n(534,822 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>3 bedroom<\/strong><\/td>\n<td>950,700 \u20ac<\/td>\n<td>1,005,550 \u20ac<br \/>\n(1,170,333 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE PRICE<\/strong><\/td>\n<td>559,988 \u20ac<\/td>\n<td>615,377 \u20ac<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On average, the cheapest district of New York (Harlem) is 9% more expensive than the cheapest district of Paris (the 13th arrondissement).<\/p>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>On average, flats cost 13.25% more for sale in New York than in Paris. Prices start around 300,000\u20ac for a studio in Paris against 380,000\u20ac in New York, and go up to 2,400,000\u20ac for a 4-room apartment in Paris against 3,000,000\u20ac in New York.<\/strong><\/p><\/blockquote>\n<p>PS: the data indicated in the chart has been collected on the two following real estate websites :<\/p>\n<p>In Paris: <a href=\"https:\/\/www.seloger.com\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.seloger.com\/<\/a><\/p>\n<p>In New York: <a href=\"https:\/\/nycasas.com\/index.php\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/nycasas.com\/francais\/index.php<\/a><\/p>\n<p>&nbsp;<\/p>\n<h3>Rental<\/h3>\n<p>Regarding rental housing, the following chart draws up a list of the average flat rents (for a studio, a 2-room flat and a 4-room flat) found on the aforementioned rental websites.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>MOST EXPENSIVE DISTRICT<\/strong><\/td>\n<td><strong>Paris 6th<\/strong><\/td>\n<td><strong>New York Tribeca<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Studio<\/strong><\/td>\n<td>1,232 \u20ac\/month<\/td>\n<td>4,639 \u20ac\/month<br \/>\n(5,400 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>1 bedroom<\/strong><\/td>\n<td>2,258 \u20ac\/month<\/td>\n<td>5,739 \u20ac\/month<br \/>\n(6,680 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>3 bedroom<\/strong><\/td>\n<td>5,265 \u20ac\/month<\/td>\n<td>10,820 \u20ac\/month<br \/>\n(12,594 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE RENT<\/strong><\/td>\n<td>2,918 \u20ac\/month<\/td>\n<td>7,066 \u20ac\/month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Rental apartments in <strong>the most expensive districts are 58% more expensive in New York than in Paris<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>CHEAPEST DISTRICT<\/strong><\/td>\n<td><strong>Paris 13th<\/strong><\/td>\n<td><strong>New York Tribeca<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Studio<\/strong><\/td>\n<td>950 \u20ac\/month<\/td>\n<td>1,302 \u20ac\/month*<br \/>\n(1 516 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>1 bedroom<\/strong><\/td>\n<td>1,472 \u20ac\/month<\/td>\n<td>1,773 \u20ac\/month*<br \/>\n(2,064 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>3 bedroom<\/strong><\/td>\n<td>2,555 \u20ac\/month<\/td>\n<td>2,638 \u20ac\/month*<br \/>\n(3,071 $)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE RENT<\/strong><\/td>\n<td>1,659 \u20ac\/month<\/td>\n<td>1,904 \u20ac\/month<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><small>*The data was collected on <a href=\"https:\/\/blog-immobilier.eu\/2020\/11\/04\/prix-m2-new-york\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/blog-immobilier.eu\/2020\/11\/04\/prix-m2-new-york\/<\/a> (website in French)<\/small><\/p>\n<p>Rents in the cheapest districts of <strong>New York are 13% higher than in the ones of Paris<\/strong>.<\/p>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>On average, rents are 35% more expensive in New York than in Paris. Rents are around \u20ac950 per month in Paris for a studio in Paris and \u20ac1,300 per month in New York and go up to \u20ac5,265 in Paris for a 3-room apartment and \u20ac10,820 in New York.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h2>Transport<\/h2>\n<figure id=\"attachment_13163\" aria-describedby=\"caption-attachment-13163\" style=\"width: 610px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-13163\" src=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Metro-PAris_NY.jpeg\" alt=\"\" width=\"620\" height=\"406\" srcset=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Metro-PAris_NY.jpeg 620w, https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Metro-PAris_NY-475x311.jpeg 475w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><figcaption id=\"caption-attachment-13163\" class=\"wp-caption-text\">Left: Parisian metro entrance. Right: New York metro entrance<\/figcaption><\/figure>\n<p>Paris and New York both have good transit links.<\/p>\n<p>Whether by subway, bus, taxi or hybrid bikes, everything was set up to make people\u2019s life easier, at any hour of day and night.<\/p>\n<p>&nbsp;<\/p>\n<h3>Public transportation<\/h3>\n<p>Both in Paris and New York, a single ticket gives you access to a range of means of transportation, including subways and buses.<\/p>\n<p>In the following chart, you will find the prices of subway and bus lines.<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>One-trip ticket<\/strong><\/td>\n<td>1.90\u20ac<\/td>\n<td>2.58\u20ac<br \/>\n(3$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Weekly subscription <\/strong><\/td>\n<td>22.80\u20ac<\/td>\n<td>27.50\u20ac<br \/>\n(32$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Annual subscription<\/strong><\/td>\n<td>75.20\u20ac<\/td>\n<td>104\u20ac<br \/>\n(121$)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE PRICE<\/strong><\/td>\n<td>33\u20ac<\/td>\n<td>44.5\u20ac<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>Public transportation is 26% more expensive in New York than in Paris.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3>Private transportation<\/h3>\n<p>Many taxis and hybrid bikes give you access to secure and quiet rides both in NYC and Paris.<\/p>\n<p>The following chart compares prices per kilometer and the basic fee in both cities.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>TAXI PRICES<\/strong><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Basic fee<br \/>\n<\/strong><strong>(+ city tax in Manhattan)<\/strong><\/td>\n<td>2.60 \u20ac<\/td>\n<td>2.15\u20ac + 0.43\u20ac<br \/>\n(2.50$ + 0.50$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Daytime fare<\/strong><\/td>\n<td>1.09\u20ac\/km<\/td>\n<td>1.34\u20ac\/km<br \/>\n(1.56$\/km)<\/td>\n<\/tr>\n<tr>\n<td><strong>Nighttime fare<\/strong><\/td>\n<td>1.38\u20ac\/km<\/td>\n<td>+0.43\u20ac\/min<br \/>\n(+0.50$\/min)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4>A few examples<\/h4>\n<p>Here is a clarification for the following charts: they indicate the fares for different trips in Paris and New York, first in taxi and then in Uber (in the second chart).<\/p>\n<p>Warning: the prices can vary depending on the hour of the day (or night), the traffic and the standing and waiting time.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>TAXI (daytime and off rush hour)<\/strong><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>5km trip<\/strong><\/p>\n<p>(Gare Montparnasse \u2192 Arc de Triomphe)<\/p>\n<p>(Grand Central Terminal \u2192 Museum of the City of New York)<\/td>\n<td>8.05 \u20ac<\/td>\n<td>9.28\u20ac<br \/>\n(10.8$)<\/td>\n<\/tr>\n<tr>\n<td><strong>8km trip<\/strong><\/p>\n<p>(Panth\u00e9on \u2192 Sacr\u00e9 C\u0153ur)<\/p>\n<p>(Times Square \u2192 Brooklyn Heights)<\/td>\n<td>11.32 \u20ac<\/td>\n<td>13.3\u20ac<br \/>\n(15.48$)<\/td>\n<\/tr>\n<tr>\n<td><strong>30km trip, from the airports<\/strong>**<\/p>\n<p>(CDG \u2192 Paris)<\/p>\n<p>(JFK \u2192 Manhattan)<\/td>\n<td>E roughly 60\u20ac<\/td>\n<td>90.40\u20ac<br \/>\n(105.21$)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE FARE<\/strong><\/td>\n<td>26.5 \u20ac<\/td>\n<td>37.6\u20ac<br \/>\n(43.7$)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Taxi fares in New York are 29.5% more expensive<\/strong> than in Paris.<\/p>\n<p><small>**Trips from the airports are fixed and are thus not calculated with the kilometer rate indicated in the first chart.<\/small><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>UBER<\/strong><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>5km trip<\/strong><\/td>\n<td>12.56 \u20ac<\/td>\n<td>10.35\u20ac<br \/>\n(12.05$)<\/td>\n<\/tr>\n<tr>\n<td><strong>8km trip<\/strong><\/td>\n<td>21.19 \u20ac<\/td>\n<td>20.08\u20ac<br \/>\n(23.37$)<\/td>\n<\/tr>\n<tr>\n<td><strong>30km trip from the airports<\/strong><\/td>\n<td>59.26 \u20ac<\/td>\n<td>56.06\u20ac<br \/>\n(65.25$)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE FARE<\/strong><\/td>\n<td>31 \u20ac<\/td>\n<td>28.83\u20ac<br \/>\n(33.55$)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Regarding Uber fares, <strong>Paris is 7% more expensive than New York<\/strong>.<\/p>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>Basic fees are equivalent in Paris and New York (around 2.60\u20ac), while kilometer rates by day and by night are 29.5% more expensive in New York on average. However, Uber fares are 7% cheaper in New York than in Paris.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h2>Supermarkets<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13164\" src=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Supermarche\u0301.jpeg\" alt=\"\" width=\"620\" height=\"413\" srcset=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Supermarche\u0301.jpeg 620w, https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Supermarche\u0301-475x316.jpeg 475w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/p>\n<p>While calculating the cost of living in a specific city, the price of products in supermarkets is essential data.<\/p>\n<p>To give you the big idea, the following chart compares the prices of different products from two more or less equivalent brands: Auchan in Paris and Target in New York.<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Auchan (Paris)<\/strong><\/td>\n<td><strong>Target (New York)<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>6 apples<\/strong><\/td>\n<td>3.29 \u20ac<\/td>\n<td>9.78\u20ac (11.38$)<\/td>\n<\/tr>\n<tr>\n<td><strong>6 eggs<\/strong><\/td>\n<td>1.45 \u20ac<\/td>\n<td>0.85\u20ac (0.99$)<\/td>\n<\/tr>\n<tr>\n<td><strong>500g of minced meat<\/strong><\/td>\n<td>6.90 \u20ac<\/td>\n<td>5.68\u20ac (6.61$)<\/td>\n<\/tr>\n<tr>\n<td><strong>400g of frozen fish<\/strong><\/td>\n<td>3.15 \u20ac<\/td>\n<td>9.50\u20ac (11.06$)<\/td>\n<\/tr>\n<tr>\n<td><strong>500g of rice<\/strong><\/td>\n<td>1.05 \u20ac<\/td>\n<td>0.68\u20ac (0.79$)<\/td>\n<\/tr>\n<tr>\n<td><strong>500g of pasta<\/strong><\/td>\n<td>0.89 \u20ac<\/td>\n<td>1.11\u20ac (1.29$)<\/td>\n<\/tr>\n<tr>\n<td><strong>500g of soft bread<\/strong><\/td>\n<td>1.00 \u20ac<\/td>\n<td>1.02\u20ac (1.19$)<\/td>\n<\/tr>\n<tr>\n<td><strong>1kg of flour<\/strong><\/td>\n<td>0.98 \u20ac<\/td>\n<td>1.97\u20ac (2.29$)<\/td>\n<\/tr>\n<tr>\n<td><strong>1,5 L of orange juice<\/strong><\/td>\n<td>2.19 \u20ac<\/td>\n<td>3.18\u20ac (3.70$)<\/td>\n<\/tr>\n<tr>\n<td><strong>6\u00d71 L of water<\/strong><\/td>\n<td>2.75 \u20ac<\/td>\n<td>7.79\u20ac (8.99$)<\/td>\n<\/tr>\n<tr>\n<td><strong>1 bottle of red wine<\/strong><\/td>\n<td>3.99 \u20ac<\/td>\n<td>4.30\u20ac (5.00$)<\/td>\n<\/tr>\n<tr>\n<td><strong>750ml of dish soap<\/strong><\/td>\n<td>1.39 \u20ac<\/td>\n<td>3.27\u20ac (3.81$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Garnier shampoo<\/strong><\/td>\n<td>3.79 \u20ac<\/td>\n<td>3.43\u20ac (3.99$)<\/td>\n<\/tr>\n<tr>\n<td><strong>TOTAL<\/strong><\/td>\n<td>32.82 \u20ac<\/td>\n<td>54.64\u20ac (63.06$)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Even though all the products are not necessarily more expensive in New York, those which actually are more expensive cost <strong>40% more than the same products in Paris<\/strong>.<\/p>\n<p>You can also read: <a href=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/supermarkets-paris\/\" target=\"_blank\" rel=\"noopener\">Our comparison of prices in supermarkets in Paris<\/a><\/p>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>The price of the same shopping cart of staple products in supermarkets is 40% higher in New York than it is in Paris.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h2>Bars and restaurants<\/h2>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13165\" src=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Restaurant-1.jpeg\" alt=\"\" width=\"620\" height=\"413\" srcset=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Restaurant-1.jpeg 620w, https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Restaurant-1-475x316.jpeg 475w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/h3>\n<h3>Restaurants<\/h3>\n<p>In Paris as in New York, restaurants can be found in every street corner. From fast-food restaurants to starred restaurants and including foreign food restaurants: there is something to suit all tastes.<\/p>\n<p>The following chart indicates the average prices in different restaurants, calculated with the average price of the dishes of the menu (or the set menus if indicated so).<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>McDonald\u2019s (menu)<\/strong><\/td>\n<td>8.6 \u20ac<\/td>\n<td>8.06\u20ac (9.38$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Subway (subs15)<\/strong><\/td>\n<td>6 \u20ac<\/td>\n<td>3.69\u20ac (4.3$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Indian restaurant<\/strong><\/td>\n<td>10 \u20ac<\/td>\n<td>15.5\u20ac (18$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Sushi restaurant (menu)<\/strong><\/td>\n<td>12.50 \u20ac<\/td>\n<td>34\u20ac (40$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Pizzeria<\/strong><\/td>\n<td>15 \u20ac<\/td>\n<td>16\u20ac (18.6$)<\/td>\n<\/tr>\n<tr>\n<td><strong>French cuisine (aveerage quality)<\/strong><\/td>\n<td>17 \u20ac<\/td>\n<td>26\u20ac (30.2$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Mexican restaurants<\/strong><\/td>\n<td>12.4 \u20ac<\/td>\n<td>17\u20ac (20$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Star restaurants (menu)<\/strong><\/td>\n<td>128 \u20ac<\/td>\n<td>136.5\u20ac (158.8$)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>New York restaurants are 18.7% more expensive than Parisian restaurants. Yet, fast-food brands are cheaper in the American city than in the French capital.<\/strong><\/p>\n<p>Moreover, it should be kept in mind that service is not included in the menu prices. It is expected for customers to add a 15 to 20% tip to the bill.<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h3>Bars<\/h3>\n<p>Going out with friends, partying, having a drink on a terrace to relax&#8230; bars are an essential place of city life.<\/p>\n<p>But what of the prices in the two big megalopolises?<\/p>\n<p>As it is the case everywhere, prices in bars, pubs and caf\u00e9s vary depending on the city district in which you are.<\/p>\n<p>The following chart indicates the average prices of different beverages to drink in bars, caf\u00e9s and pubs.<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Beer (pint)<\/strong><\/td>\n<td>6.70 \u20ac<\/td>\n<td>6.72\u20ac (7.76$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Espresso coffee<\/strong><\/td>\n<td>2.64 \u20ac<\/td>\n<td>2.64\u20ac (3,05$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Coke<\/strong><\/td>\n<td>4.50 \u20ac<\/td>\n<td>2.60\u20ac (3$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Mojito<\/strong><\/td>\n<td>12 \u20ac<\/td>\n<td>10.40\u20ac (12$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Signature Cocktail <\/strong><\/td>\n<td>14 \u20ac<\/td>\n<td>14.73\u20ac (17$)<\/td>\n<\/tr>\n<tr>\n<td><strong>AVERAGE PRICE<\/strong><\/td>\n<td>8 \u20ac<\/td>\n<td>7.4 \u20ac<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>On average, drinks in bars are 7.5% more expensive in Paris than in New York.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h2>Hotels<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13166\" src=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Chambre-dhotel.jpeg\" alt=\"\" width=\"620\" height=\"415\" srcset=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Chambre-dhotel.jpeg 620w, https:\/\/www.france-hotel-guide.com\/en\/blog\/wp-content\/uploads\/Chambre-dhotel-475x318.jpeg 475w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/p>\n<p>In every big city, many hotels offer rooms for different prices and standards.<\/p>\n<p>The following chart indicates the prices for one night in a full flat for two people on Airbnb, one bed in a youth hostel and a double room in 2-star, 3-star, 4-star and 5-star hotels.<\/p>\n<p>This research is limited to within Paris and Manhattan, without distinction between different districts.<\/p>\n<table>\n<tbody>\n<tr>\n<td><\/td>\n<td><strong>Paris<\/strong><\/td>\n<td><strong>New York<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Airbnb<\/strong><\/td>\n<td>180\u20ac\/night<\/td>\n<td>227\u20ac\/night (261$)<\/td>\n<\/tr>\n<tr>\n<td><strong>Youth hostel<\/strong><\/td>\n<td>40\u20ac\/night\/bed<\/td>\n<td>45\u20ac\/night\/bed (52$)<\/td>\n<\/tr>\n<tr>\n<td><strong>2* hotel<\/strong><\/td>\n<td>112\u20ac\/night<\/td>\n<td>132\u20ac\/night (152$)<\/td>\n<\/tr>\n<tr>\n<td><strong>3* hotel<\/strong><\/td>\n<td>171\u20ac\/night<\/td>\n<td>255\u20ac\/night (294$)<\/td>\n<\/tr>\n<tr>\n<td><strong>4 hotel*<\/strong><\/td>\n<td>231\u20ac\/night<\/td>\n<td>308\u20ac\/night (355$)<\/td>\n<\/tr>\n<tr>\n<td><strong>5* hotel<\/strong><\/td>\n<td>577\u20ac\/night<\/td>\n<td>754\u20ac\/night (870$)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong>In short<\/strong><\/p>\n<p><strong>On average, one night in a hotel or an Airbnb, all categories combined, is 33.4% more expensive in New York than it is in Paris.<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<h2>In conclusion: is Paris or New York the most expensive city?<\/h2>\n<p><strong>On average, the cost of life appears to be 20% higher in New York than in Paris.<\/strong><\/p>\n<p><strong>In the cheapest districts, the Big Apple\u2019s prices are about 11% higher than in Paris, while in the most expensive districts the gap between the two cities widens. Indeed, prices in New York are 37.5% higher than in the French capital.<\/strong><\/p>\n<p>Except for Uber fares and drinks in bars, which are more expensive in Paris, the cost of living in New York is higher in every aspect.<\/p>\n<p>However, despite such a difference, <strong>life in Paris is still very expensive<\/strong>.<\/p>\n<p>One should make sure to have a substantial budget before going to live in any of these two cities.<\/p>\n<p>The data collected in this post is based on average numbers and is thus only roughly indicative. This information should be used cautiously.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paris and New York are two famous cities in which 2 million and 8 million people live respectively. But \u201cfamous city\u201d also means \u201cexpensive life\u201d. &#8230; <a title=\"Paris or New York : Which City Is the Most Expensive?\" class=\"read-more\" href=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/paris-or-new-york-most-expensive\/\" aria-label=\"Read more about Paris or New York : Which City Is the Most Expensive?\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":13161,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-13158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quirky-paris","infinite-scroll-item","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50","resize-featured-image"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Paris or New York : Which City Is the Most Expensive?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.france-hotel-guide.com\/en\/blog\/paris-or-new-york-most-expensive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Paris or New York : Which City Is the Most Expensive?\" \/>\n<meta property=\"og:description\" content=\"Paris and New York are two famous cities in which 2 million and 8 million people live respectively. 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