Median one-bedroom rent across the cities we track is $1,073 in Maryland versus $1,705 in New York. Overall, Maryland runs roughly 37% cheaper on rent than New York, its main day-to-day cost driver.
Median household income across tracked cities is $59,623 in Maryland and $79,713 in New York — about 25% higher in New York. Maryland has a top state income tax rate of 6.50% and a 6% state sales tax; New York has a top state income tax rate of 10.90% and a 4% state sales tax.
State Taxes
Sales Tax
6%
4%
+2.0 pp in Maryland
Income Tax (top rate)
6.50%
10.90%
+4.4 pp in New York
Housing (median across tracked cities)
Median 1BR Rent
$1,073
$1,705
+59% in New York
Median Home Value
$219,300
$751,700
+243% in New York
Income (median across tracked cities)
Median Household Income
$59,623
$79,713
+34% in New York
Climate (median across tracked cities)
Avg Annual Temperature
61.4°F
55.0°F
+6.4°F in Maryland
Maryland vs New York — FAQ
- Is it cheaper to live in Maryland or New York?
- Maryland is cheaper on rent — its median one-bedroom of $1,073 runs about 37% below New York's $1,705, based on the cities we track in each state.
- How much more do you need to earn to live in Maryland than in New York?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $43,000 a year in Maryland versus $68,000 in New York.
- Which has lower taxes, Maryland or New York?
- Maryland has a top state income tax rate of 6.50% and a 6% state sales tax. New York has a top state income tax rate of 10.90% and a 4% state sales tax.
Housing, income, and climate are medians across the 1/1 cities we track in Maryland/New York — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.