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30 & 90 Day Outlook

New York Inflation Rate 2026: Cost of Living & Forecast

In New York: Overall CPI is +3.0% YoY (rising), average rent is $2,385/mo (rising), electricity is 28.4¢/kWh (rising). See how New York compares to other states on the state inflation comparison page.

Data sourced from BLS, EIA, FRED, BEA, and Zillow. Updated daily and monthly.

Overall CPI
↑ +3.0% YoY
Gas
↓ null
Rent
↑ $2,385/mo
Electricity
↑ 28.4¢/kWh
Groceries
↑ +2.4% YoY
Medical
↑ +2.3% YoY

Frequently Asked Questions: New York Inflation

What is the New York inflation rate in 2026?

The New York inflation rate is +3.0% year-over-year as of 2026-03-01, based on the Consumer Price Index (CPI). The trend is currently rising.

Is inflation going down in New York?

Inflation in New York is currently rising at +3.0% year-over-year. The 30-day forecast suggests continued upward pressure.

What is the cost of living increase in New York?

The overall cost of living in New York is rising by +3.0% year-over-year in 2026, driven by groceries (+2.4%), rent ($2,385/mo), gas ($197.38/gal).

What is grocery price inflation in New York?

Grocery price inflation in New York is +2.4% year-over-year in 2026 and is currently rising.

What is rent inflation in New York in 2026?

Rent in New York averages $2,385 per month in 2026 (Zillow ZORI market-rate). Rent is rising year-over-year at +4.6%.

What is the inflation forecast for New York?

The New York inflation forecast shows +0.9% expected change over 30 days and +1.1% over 90 days. Confidence: high.

What does electricity cost in New York?

The residential electricity rate in New York is 28.4 cents per kilowatt-hour (¢/kWh) and is rising.

Browse Inflation Data by State

Track current inflation across six household categories (gas, groceries, electricity, rent, medical, and overall CPI) for every US state and DC. Data is pulled daily and monthly from the Bureau of Labor Statistics, Federal Reserve (FRED), Energy Information Administration, Bureau of Economic Analysis, and Zillow Research. Select your state below for current figures and 30/90-day directional forecasts.

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