Median one-bedroom rent across the cities we track is $1,031 in Missouri versus $1,705 in New York. Overall, Missouri runs roughly 40% cheaper on rent than New York, its main day-to-day cost driver.
Median household income across tracked cities is $67,449 in Missouri and $79,713 in New York — about 15% higher in New York. Missouri has a top state income tax rate of 4.70% and a 4.225% 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
4.225%
4%
+0.2 pp in Missouri
Income Tax (top rate)
4.70%
10.90%
+6.2 pp in New York
Housing (median across tracked cities)
Median 1BR Rent
$1,031
$1,705
+65% in New York
Median Home Value
$227,000
$751,700
+231% in New York
Income (median across tracked cities)
Median Household Income
$67,449
$79,713
+18% in New York
Climate (median across tracked cities)
Avg Annual Temperature
56.7°F
55.0°F
+1.7°F in Missouri
Missouri vs New York — FAQ
- Is it cheaper to live in Missouri or New York?
- Missouri is cheaper on rent — its median one-bedroom of $1,031 runs about 40% 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 Missouri 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 $41,000 a year in Missouri versus $68,000 in New York.
- Which has lower taxes, Missouri or New York?
- Missouri has a top state income tax rate of 4.70% and a 4.225% 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 Missouri/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.