New York, NY vs Washington, DC
Cost of living comparison · 2023 Census ACS data
Quick Summary
New York and Washington sit close to each other across the headline cost-of-living indicators — typical homes within 4% of each other, median incomes within 25%. The relocation math comes down to non-housing factors: taxes, commute, climate, and personal preference.
Median Home Value
$751,700
$724,600 ✓
Zillow Home Value
$812,534
$574,016
Median Gross Rent
$1,779/mo ✓
$1,900/mo
Owner Occupied %
32.8%
41.1%
Price-to-Rent Ratio
35.2x
31.8x
Median Household Income
$79,713
$106,287 ✓
Per Capita Income
$50,776
$75,253
Unemployment Rate
7.7%
6.5% ✓
Poverty Rate
17.4%
14.5%
Avg Commute (min)
44.8 min
33.0 min
Drove Alone %
21.9%
28.1%
Public Transit %
45.5%
22.3%
Work From Home %
15.0%
29.4%
State Income Tax
10.9%
10.8%
Total Sales Tax
8.5%
6.0% ✓
Property Tax Rate
1.7%
0.6%
Bachelor's Degree %
23.6%
26.1%
Median Age
38
34.9
Avg High Temp
62.6°F
67.8°F
Annual Precipitation
49.5"
41.8"
Annual Snowfall
29.8"
13.7"
New York, NY 1 wins
- ✓Median Gross Rent
Washington, DC 4 wins
- ✓Median Home Value
- ✓Total Sales Tax
- ✓Median Household Income
- ✓Unemployment Rate
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