Cost of living in New York
What it costs to live in New York today, and what changes if you move. Pick a destination below for a full side-by-side on housing, tax and everyday prices. Moving to New York instead?
New York at a glance
- Median home value
- $423,800
- Median rent
- $1,621/mo
- Median household income
- $85,974
- State income tax
- Up to 10.90%
- Property tax
- 1.55% of value
- State sales tax
- 4.00%
Medians for the state, not a particular home or household.
Run this with your own numbers
Estimates only, not advice. Housing and income figures come from the U.S. Census Bureau's American Community Survey (2024); price levels from the Bureau of Economic Analysis (2024); tax rates are for the 2026 tax year, compiled from state revenue departments and the Tax Foundation. Every figure is a median or average for the state and will not match any particular household.