Alliance for Pandemic Preparedness

June 2, 2021

Economic Burden of Lives Lost Due to COVID-19 in New York State

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  • The average years of potential life lost due to the COVID-19 pandemic was 12.72 and 15.13 years in New York State and New York City, respectively, according to an analysis of state and local health department data from February 2020 to March 2021 and Social Security administrative data on life expectancies. Corresponding economic burden due to years of life lost based on the value of a statistical life year ($240,676) was $120- and $90-billion for New York State and New York City, respectively. Economic burden was highest in Queens and Brooklyn.

Lui et al. (June 1, 2021). Economic Burden of Lives Lost Due to COVID-19 in New York State. Journal of Comparative Effectiveness Research. https://doi.org/10.2217/cer-2021-0086