Paris Is 40% Cheaper Than New York To Live In, but Getting Through the Door Costs Americans €825,000

Paris costs about 40% less than New York including rent, but American buyers in the French capital have an average property budget of €825,000 (Credit: Image Studio/Pexels)

Paris is roughly 40% cheaper than New York on Numbeo's combined cost-of-living-and-rent measure, according to data updated in September 2026. Excluding rent, the gap narrows to about 21%, while rents themselves are around 62% cheaper in Paris.

That advantage comes with lower local earnings. Average monthly net pay in Paris is about 31% lower than in New York in the same comparison.