New York, NY vs Des Moines, IA
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Des Moines and New York more than any other line item — $184,000 versus $752,000 for a typical home, a 76% spread. State income-tax burden also tilts toward Des Moines — a top rate of 5.7% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$183,700 ✓
Zillow Home Value
$812,534
$204,843
Median Gross Rent
$1,779/mo
$1,054/mo ✓
Owner Occupied %
32.8%
60.5%
Price-to-Rent Ratio
35.2x
14.5x
Median Household Income
$79,713 ✓
$63,966
Per Capita Income
$50,776
$36,459
Unemployment Rate
7.7%
5.8% ✓
Poverty Rate
17.4%
14.9%
Avg Commute (min)
44.8 min
21.2 min
Drove Alone %
21.9%
72.3%
Public Transit %
45.5%
1.1%
Work From Home %
15.0%
11.4%
State Income Tax
10.9%
5.7%
Total Sales Tax
8.5%
6.9% ✓
Property Tax Rate
1.7%
1.6%
Bachelor's Degree %
23.6%
19.9%
Median Age
38
34.6
Avg High Temp
62.6°F
60.5°F
Annual Precipitation
49.5"
36.5"
Annual Snowfall
29.8"
36.5"
New York, NY 1 wins
- ✓Median Household Income
Des Moines, IA 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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