Chico vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Chico is 117% cheaper for renters. A 2-bedroom rents for $1,059/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,808/year.
Rent by Unit Size
| Unit Size | Chico | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $698 | $1,531 | $833 |
| 1 Bedroom | $859 | $1,813 | $954 |
| 2 Bedrooms | $1,059 | $2,293 | $1,234 |
| 3 Bedrooms | $1,354 | $2,674 | $1,320 |
| 4 Bedrooms | $1,491 | $3,167 | $1,676 |
| Median Income | $66,884 | $124,777 | $57,893 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Chico or New York-Newark-Jersey City cheaper to rent in?
Chico is cheaper — a 2-bedroom Fair Market Rent is $1,059/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,234/mo or $14,808/year more expensive in New York-Newark-Jersey City (117% higher).
What is the 2-bedroom rent in Chico vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Chico and New York-Newark-Jersey City?
The median household income in Chico is $66,884/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Chico vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Chico is $698/mo. In New York-Newark-Jersey City it is $1,531/mo.