New York, NY vs El Paso, TX
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate El Paso and New York more than any other line item — $172,000 versus $752,000 for a typical home, a 77% spread. El Paso 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
$171,700 ✓
Zillow Home Value
$812,534
$231,885
Median Gross Rent
$1,779/mo
$1,041/mo ✓
Owner Occupied %
32.8%
60.2%
Price-to-Rent Ratio
35.2x
13.7x
Median Household Income
$79,713 ✓
$58,734
Per Capita Income
$50,776
$28,942
Unemployment Rate
7.7%
6.2% ✓
Poverty Rate
17.4%
18.4%
Avg Commute (min)
44.8 min
25.2 min
Drove Alone %
21.9%
76.5%
Public Transit %
45.5%
1.1%
Work From Home %
15.0%
7.8%
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%
18.3%
Median Age
38
34.1
Avg High Temp
62.6°F
78.6°F
Annual Precipitation
49.5"
8.8"
Annual Snowfall
29.8"
2.8"
New York, NY 1 wins
- ✓Median Household Income
El Paso, TX 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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