Maryland vs New York
A tax calculator says the difference is $2,456 a year. Once you count what a dollar actually buys in each, Maryland is $4,017 ahead — $40,174 over 10 years.
Property tax is set by counties, not states. Inside Texas alone the rate varies six times over, so this is the single choice that changes the answer most.
Does it work everywhere in New York?
in what the money buys · $40,174 over 10 years
You need 6.7% more for the move to break even.
Who worked this out, and what it is built on
I build and maintain every comparison on this site — 1275 state pairs so far, on the same engine that runs the tax calculators for all 50 states and 3,143 counties. This is not a template with two names swapped into it: Maryland and New York are run through the actual rules of each place, and if the numbers say the move is not worth it, that is what the page says.
Four sources, and one deliberate refusal. Federal figures from the IRS revenue procedure. State rates read one state at a time off each state’s own department of revenue. County property tax from the US Census Bureau. Cost of living from the Bureau of Economic Analysis Regional Price Parities, 2024 — and not from Numbeo or any other crowd-sourced index, because those are filled in by users, publish no methodology, and cannot be cited. That single choice is most of why the cost-of-living numbers here differ from everybody else’s.
When I get something wrong I publish the correction with the date and what it cost — including the two mistakes on these pages I found myself. Data last verified September 1, 2026.
Where to go from here
Almost nobody is choosing between exactly two places. These are the questions that usually come next, with the answer already attached so you can see which is worth opening.
Other moves involving Maryland or New York
States that sit near New York on prices compared against Maryland, and the mirror of that. The comparison you would run next.
- Maryland vs New Jersey— Maryland by $3,966
- Maryland vs Washington— Washington by $6,265
- District of Columbia vs Maryland— District of Columbia by $119
- Massachusetts vs New York— Massachusetts by $5,344
- New Hampshire vs New York— New Hampshire by $7,609
- Connecticut vs New York— Connecticut by $4,914
Each state on its own
The full detail behind each half of the comparison above.
The counties that decide it
Property tax is set by county, and the spread inside one state beats most state pairs.
- Talbot County, Maryland— 0.66%, the cheapest
- Baltimore city, Maryland— 1.48%, the dearest
- Kings County, New York— 0.69%, the cheapest
- Orleans County, New York— 3.00%, the dearest
Similar in price to Maryland
States that sit next to Maryland on the price index — often the comparison people should have run.
- Washington— 107 on prices
- Massachusetts— 105.8 on prices
- New Hampshire— 104.2 on prices
- Connecticut— 103.6 on prices
- Every Maryland comparison— all 50
- Every New York comparison— all 50
- The nine states with no income tax— and what they charge instead
Maryland and New York cost almost exactly the same, so this one really is about tax
Most comparisons on this site end up decided by the price level rather than the tax code. This pair is the exception: Maryland indexes at 105 and New York at 107.9 on the Bureau of Economic Analysis price index — 2.9 points apart, which is close enough that the deflator barely changes anything.
So the tax difference survives into the answer almost intact. Take-home differs by $2,456 and purchasing power by $4,017 — Maryland ahead either way, which is unusual enough to be worth stating. When someone tells you tax rates decide where you should live, this is the shape of pair they are imagining — 281 of the 1,275, so a little over one in five.
Where the two sit nationally: New York is the 5th most expensive place to live of the 51 — the 50 states and the District of Columbia — and Maryland is 8th. Housing, the component that moves most, is 121.1 against 122.2.
Grey columns are what a year of Maryland and a year of New York are worth in the same money. The bars between them are each thing that changes, in the order it changes: green adds, amber takes away.
Where the money actually goes, line by line
Five separate taxes, and on this pair property tax is the biggest single difference — $4,969 against $476 for the income tax everybody quotes:
Federal income tax — $13,170 either way. Identical, because it is federal. Any comparison that shows a difference here is wrong.
FICA — $7,650 either way. Also federal, also identical.
State income tax — $4,384 in Maryland, $4,860 in New York. A difference of $476.
Property tax — $3,772 in Maryland, $8,741 in New York on a $400,000 home, at each state's median local rate. This is bigger than the income tax difference, and it runs the other way — which is the whole reason the headline number disappoints.
Local income tax — $2,989 in Maryland, $0 in New York. Maryland levies it in every one of its counties, so this is not optional and not a rounding error — it is the layer nearly every published comparison omits, and here it is worth $2,989 on its own. The figure above uses the median county; pick yours in the calculator and it moves.
Total: $31,965 in Maryland against $34,421 in New York — 32.0% and 34.4% of gross.
And New York housing costs 0.9% more
These two states cost almost the same to live in, which is why the tax difference survives into the answer. The index is the Bureau of Economic Analysis Regional Price Parity — official, published per state, 100 is the national average — and it is worth looking at the components even when the headline barely moves, because they can disagree with it.
Cheaper in New York than MarylandDearer in New York than Maryland
Each bar is how far apart Maryland and New York are on that component, and which way. Housing almost always runs several times wider than everything else — which is why a single blended index tells you very little.
All items — 105 in Maryland, 107.9 in New York. A gap of 2.9 points.
Housing — 121.1 against 122.2. A gap of 1.1 points, 0.4× the headline gap. This is what people mean when they say somewhere is expensive.
Goods — 102.5 against 107.3, 4.8 points apart — wide for goods: across all 1,275 state pairs the median goods gap is 2.7 points against 24.9 for housing, so on this pair the shopping basket genuinely differs and not just the rent.
Utilities — 110.9 against 134.4. 23.5 points, the second widest component after housing on this pair, and large enough to matter to anyone heating or cooling a big house.
Which half of this reaches you depends on whether you buy. Renting, the real difference between Maryland and New York is $491 a year — property tax comes out of your side entirely, and what is left is the price level. Buying a $400,000 home it is $4,017. So buying widens the gap by $3,526: the more house you own, the more this comparison is worth to you.
The number to take into a salary negotiation: $106,726
This is the question people are actually asking and almost nobody answers: what would I need to earn in New York to live exactly as well as I do on $100,000 in Maryland?
$106,726. That is 6.7% more than you earn now. Anything less than $106,726 and the move costs you money however it is presented.
The dashed line is the salary you earn now. The solid line is what matches it in New York. If the relationship were a simple multiplier the two would be parallel — they are not, because brackets, the Social Security ceiling and a property tax that does not move with income all bend it.
The obvious shortcut fails here, and by a measurable amount. Scaling your salary by the ratio of price levels — $100,000 × 107.9/105 — gives $102,762. The answer is $106,726, so the shortcut is $3,964 too low: brackets, the Social Security ceiling and a property tax that ignores income all bend the line the shortcut assumes is straight.
The figure belongs to the two states and your income. On $40,000 the match in New York is $46,272, 15.7% above what you earn; on $250,000 it is $255,345, 2.1% above. The relationship bends by 13.5% across that range.
"Maryland" and "New York" are not places you can compare
Every figure above uses each state's median local property tax rate — its counties in Maryland, its counties in New York — and that is a simplification the page should own rather than hide.
New York has 62 counties, and the effective property tax rate runs from 0.69% in Kings County to 3.0% in Orleans County — 4.4 times. On a $400,000 home that is a spread of $9,232 a year, without leaving the state.
62 counties. Each dot is one. The spread is 4.4 times from end to end, which is why a state average is not a number you can plan with.
Maryland has 24 counties, and the effective property tax rate runs from 0.66% in Talbot County to 1.48% in Baltimore city — 2.2 times. On a $400,000 home that is a spread of $3,268 a year, without leaving the state.
So the honest version of this question is not "Maryland or New York" but which county. Picking the cheapest county in New York against the dearest county in Maryland swings the property tax line by $3,151 a year; the reverse choice swings it $9,350 the other way. Against a headline difference of $4,017, the county is not a detail — it is most of the decision.
Local income tax behaves the same way and is already in the figures above: $2,989 in Maryland against $0 in New York at the median local rate. Choose your county and that line moves too — it is the layer with the widest spread inside a single state.
Over 10 years: $40,174
Nobody moves for one year, and almost no comparison prices the decision over the horizon on which it is actually made.
At $4,017 a year of real difference, 10 years in Maryland instead of New York is worth $40,174 in today's purchasing power — before compounding anything you might invest it in.
The line starts below zero because moving costs about $15,000 and lands entirely in year one. It takes until year 4 for the move to pay for itself. That is the figure a per-year comparison hides.
The first slice of it is not yours, though. Reckoning $15,000 for removal, fees and selling costs — this page's assumption, not a sourced figure — at $4,017 a year it takes 3.7 years to earn back, so a stay shorter than that loses money on a move the annual figure calls a win.
At three horizons: $12,052 over three years, $40,174 over 10, $120,523 over thirty — and the three-year figure does not clear the cost of getting there.
None of those figures contains the one variable that could overturn them: the same job rarely pays the same in Maryland and New York. That is what the $106,726 break-even above is for — it prices an offer instead of assuming the offer is identical.
The layer almost every comparison leaves out: $2,989 of local income tax
Eleven states let counties, cities or school districts levy their own income tax on top of the state one. Maryland is one of them, and it changes this comparison by $2,989 a year on $100,000.
$2,989 in Maryland against $0 in New York, at the median local rate. For scale, the state income tax difference between these two is $476 — so this "minor" layer is larger than the state difference everybody quotes.
It gets omitted because it is genuinely hard to assemble: the rates live in state comptroller files, municipal registers and school district schedules rather than in one table. We loaded them — Maryland's 24 counties, Indiana's 92, Ohio's municipalities and school districts, Pennsylvania's earned income taxes, Michigan's 24 cities, New York City's own brackets — which is why the figure above is a figure and not a caveat.
It is also the layer most sensitive to where exactly you land. Choose your county in the calculator and this line moves more than any other.
Where every number here comes from
Four sources, each read off the body that publishes it:
US Bureau of Economic Analysis — Regional Price Parities by State and Metro Area, 2024 (released 19 February 2026) — read 2026-09-08. https://www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area
IRS — Revenue Procedure for the tax year (federal brackets, standard deduction and FICA) — read 2026-09-02. https://www.irs.gov/
Each state's own department of revenue (state income tax rates and deductions), verified one state at a time — read 2026-09-02. https://estimatetax.net/sources/
US Census Bureau, American Community Survey (county effective property tax rates) — read 2026-08-31. https://data.census.gov/
The cost of living index is the part worth checking, because it is where comparison sites usually reach for something crowd-sourced. The Regional Price Parities are produced by the Bureau of Economic Analysis, cover every state and metro area, and are published with a methodology document. The figures here are the 2024 release and are not extrapolated forward.
And what this page does not model:
— The cost of living index is the BEA's Regional Price Parity for 2024, the most recent published. It is not extrapolated to the current year, and it is a state-wide average — inside a state, a metro area and a rural county differ by more than most state pairs do.
— Moving costs, state transfer taxes on buying a home, and the cost of selling the one you have are not included. On a short stay they can outweigh every annual difference on this page.
— Sales tax is not modelled. It is inside the BEA index — that is what a price parity measures — but it is not broken out separately here.
— The comparison assumes the same salary in both places unless you change it. In practice a job in a high-cost state usually pays more, which is exactly what the break-even figure is for.
— Health insurance, childcare and car insurance vary enormously by state and are only inside the index as averages. If any of the three is a large part of your budget, it deserves its own arithmetic.
Where to go next
Questions
- Is it cheaper to live in Maryland or New York?
- Maryland, by $4,017 a year in real purchasing power on $100,000 with a $400,000 home. The take-home difference is only $2,456; the rest comes from the cost of living, where Maryland indexes at 105 and New York at 107.9 against a national average of 100.
- How much do I need to earn in New York to match $100,000 in Maryland?
- $106,726 — 6.7% more. That accounts for federal tax, FICA, state tax, property tax and the price level in each state.
- What are the taxes in Maryland vs New York?
- On $100,000: state income tax of $4,384 in Maryland against $4,860 in New York, and property tax of $3,772 against $8,741 on a $400,000 home at median county rates. Federal tax and FICA are identical in both — $13,170 and $7,650 — so any comparison showing a difference there is wrong.
- Does New York really have lower property tax?
- That depends entirely on the county, which is why a state-level answer is not much use. New York runs from 0.69% in Kings County to 3.0% in Orleans County — 4.4 times, or $9,232 a year on a $400,000 home. The median is 2.19%.
- How much is the difference over 10 years?
- $40,174 in today's purchasing power, at $4,017 a year. That excludes moving and housing transaction costs, which land in year one and can outweigh everything else on a short stay.
- Where does your cost of living data come from?
- The Bureau of Economic Analysis Regional Price Parities for 2024, an official index covering every state and metro area with a published methodology. Not a crowd-sourced database — and it comes broken into housing, goods, utilities and services, which matters because housing moves several times more than anything else.