New York, NY vs Dallas, TX

Cost of living comparison · 2023 Census ACS data

Quick Summary

New York is materially more expensive on housing — $752,000 for a typical home compared with $295,000 in Dallas, a gap of roughly 61%. Dallas also has no state income tax, while the other state tops out at 10.9% — a meaningful annual difference at higher income levels.

Median Home Value
$751,700
$295,300
Zillow Home Value
$812,534
$305,522
Median Gross Rent
$1,779/mo
$1,403/mo
Owner Occupied %
32.8%
42.4%
Price-to-Rent Ratio
35.2x
17.5x
Median Household Income
$79,713
$67,760
Per Capita Income
$50,776
$44,138
Unemployment Rate
7.7%
4.9%
Poverty Rate
17.4%
17.2%
Avg Commute (min)
44.8 min
28.4 min
Drove Alone %
21.9%
68.5%
Public Transit %
45.5%
2.3%
Work From Home %
15.0%
14.0%
State Income Tax
10.9%
None
Total Sales Tax
8.5%
8.2%
Property Tax Rate
1.7%
1.7%
Bachelor's Degree %
23.6%
22.9%
Median Age
38
33.4
Avg High Temp
62.6°F
77.9°F
Annual Precipitation
49.5"
38.3"
Annual Snowfall
29.8"
1.7"
  • Median Household Income
  • Median Home Value
  • Median Gross Rent
  • Total Sales Tax
  • Unemployment Rate

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