Median one-bedroom rent across the cities we track is $866 in Missouri versus $857 in New York. Overall, New York runs roughly 1% cheaper on rent than Missouri, its main day-to-day cost driver.
Median household income across tracked cities is $55,279 in Missouri and $48,050 in New York — about 13% higher in Missouri. 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
$866
$857
+1% in Missouri
Median Home Value
$185,100
$152,300
+18% in Missouri
Income (median across tracked cities)
Median Household Income
$55,279
$48,050
+13% in Missouri
Climate (median across tracked cities)
Avg Annual Temperature
56.3°F
48.3°F
+8.0°F in Missouri
Missouri vs New York — FAQ
- Is it cheaper to live in Missouri or New York?
- New York is cheaper on rent — its median one-bedroom of $857 runs about 1% below Missouri's $866, 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 $35,000 a year in Missouri versus $34,000 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 3/3 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.