Cost of living in New York, NY
What it costs to live in New York, NY 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, NY instead?
New York, NY at a glance
- Median home value
- $614,200
- Median rent
- $1,830/mo
- Median household income
- $99,155
- State income tax
- Up to 10.90%
- Property tax
- 1.63% of value
- State sales tax
- 4.00%
Medians for the metro area, 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 metro area and will not match any particular household.