Merced vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 117% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,856/year.
Rent by Unit Size
| Unit Size | Merced | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $696 | $1,531 | $835 |
| 1 Bedroom | $865 | $1,813 | $948 |
| 2 Bedrooms | $1,055 | $2,293 | $1,238 |
| 3 Bedrooms | $1,328 | $2,674 | $1,346 |
| 4 Bedrooms | $1,460 | $3,167 | $1,707 |
| Median Income | $60,958 | $124,777 | $63,819 |
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/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 Merced or New York-Newark-Jersey City cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,238/mo or $14,856/year more expensive in New York-Newark-Jersey City (117% higher).
What is the 2-bedroom rent in Merced vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Merced and New York-Newark-Jersey City?
The median household income in Merced is $60,958/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 Merced vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Merced is $696/mo. In New York-Newark-Jersey City it is $1,531/mo.