New York, NY vs Fort Worth, TX
Cost of living comparison · 2023 Census ACS data
Quick Summary
The headline difference between these two markets is housing: a typical home in Fort Worth runs $277,000 versus $752,000 in New York, a 63% gap that dominates most relocation math. Fort Worth 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
$277,300 ✓
Zillow Home Value
$812,534
$295,821
Median Gross Rent
$1,779/mo
$1,412/mo ✓
Owner Occupied %
32.8%
56.8%
Price-to-Rent Ratio
35.2x
16.4x
Median Household Income
$79,713 ✓
$76,602
Per Capita Income
$50,776
$37,157
Unemployment Rate
7.7%
4.9% ✓
Poverty Rate
17.4%
12.9%
Avg Commute (min)
44.8 min
29.2 min
Drove Alone %
21.9%
72.9%
Public Transit %
45.5%
0.5%
Work From Home %
15.0%
12.9%
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%
20.6%
Median Age
38
33.4
Avg High Temp
62.6°F
78.2°F
Annual Precipitation
49.5"
—
Annual Snowfall
29.8"
—
New York, NY 1 wins
- ✓Median Household Income
Fort Worth, TX 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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