New York, NY vs Fayetteville, NC
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Fayetteville runs $172,000 versus $752,000 in New York, a 77% gap that dominates most relocation math. State income-tax burden also tilts toward Fayetteville — a top rate of 4.5% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$171,900 ✓
Zillow Home Value
$812,534
$222,765
Median Gross Rent
$1,779/mo
$1,179/mo ✓
Owner Occupied %
32.8%
46.5%
Price-to-Rent Ratio
35.2x
12.2x
Median Household Income
$79,713 ✓
$56,395
Per Capita Income
$50,776
$31,467
Unemployment Rate
7.7% ✓
8.2%
Poverty Rate
17.4%
18.1%
Avg Commute (min)
44.8 min
20.7 min
Drove Alone %
21.9%
74.2%
Public Transit %
45.5%
0.6%
Work From Home %
15.0%
6.6%
State Income Tax
10.9%
4.5%
Total Sales Tax
8.5%
7.0% ✓
Property Tax Rate
1.7%
0.8%
Bachelor's Degree %
23.6%
18.6%
Median Age
38
30.7
Avg High Temp
62.6°F
73.6°F
Annual Precipitation
49.5"
44.6"
Annual Snowfall
29.8"
—
New York, NY 2 wins
- ✓Median Household Income
- ✓Unemployment Rate
Fayetteville, NC 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
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