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Texas vs New York

A comprehensive side-by-side comparison of cost of living, wages, taxes, and housing between Texas and New York. Updated for 2026.

Quick Summary

Texas is 54.3% cheaper to live in than New York. However, New York has a higher median household income ($74,314 vs $67,321). Average rent for a 1-bedroom is $1,100/mo in Texas vs $1,750/mo in New York.

Cost of Living Index

93.9

Texas

148.2

New York

36.6% lower in Texas

Minimum Wage ($/hr)

$7.25

Texas

$17

New York

57.4% lower in Texas

Median Household Income

$67,321

Texas

$74,314

New York

9.4% lower in Texas

Average 1BR Rent ($/mo)

$1,100

Texas

$1,750

New York

37.1% lower in Texas

State Sales Tax Rate

6.25%

Texas

4.00%

New York

56.3% higher in Texas

Frequently Asked Questions

Is Texas or New York cheaper to live in?expand_more

Texas has a lower cost of living index (93.9 vs 148.2), making it approximately 36.6% cheaper than New York overall.

What is the minimum wage difference between Texas and New York?expand_more

Texas has a minimum wage of $7.25/hr while New York has $17/hr. The difference is $9.75/hr.

Which state has higher median income: Texas or New York?expand_more

New York has a higher median household income at $74,314, compared to $67,321 in Texas.

Explore Individual States

Texas

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New York

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