New Hampshire vs New York
A tax calculator says the difference is $5,680 a year. Once you count what a dollar actually buys in each, New Hampshire is $7,609 ahead — $76,093 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 · $76,093 over 10 years
You need 12.7% 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: New Hampshire 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 New Hampshire or New York
States that sit near New York on prices compared against New Hampshire, and the mirror of that. The comparison you would run next.
- New Hampshire vs New Jersey— New Hampshire by $7,558
- New Hampshire vs Washington— Washington by $2,673
- District of Columbia vs New Hampshire— New Hampshire by $3,473
- Connecticut vs New York— Connecticut by $4,914
- Florida vs New York— Florida by $12,947
- Maryland vs New York— Maryland by $4,017
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.
- Carroll County, New Hampshire— 1.06%, the cheapest
- Sullivan County, New Hampshire— 2.38%, the dearest
- Kings County, New York— 0.69%, the cheapest
- Orleans County, New York— 3.00%, the dearest
Similar in price to New Hampshire
States that sit next to New Hampshire on the price index — often the comparison people should have run.
- Washington— 107 on prices
- Massachusetts— 105.8 on prices
- Maryland— 105 on prices
- Connecticut— 103.6 on prices
- Every New Hampshire comparison— all 50
- Every New York comparison— all 50
- The nine states with no income tax— and what they charge instead
New Hampshire leaves you $7,609 a year better off — not the number you were expecting
On $100,000 with a $400,000 home, the take-home difference between New Hampshire and New York is $5,680 a year. That is what a tax calculator gives you, and it is a nominal figure: it treats a dollar in New Hampshire and a dollar in New York as the same thing.
They are not. On the Bureau of Economic Analysis price index New Hampshire is 104.2 and New York is 107.9, where 100 is the national average. Deflate each take-home by where it gets spent and what the money actually buys is $68,387 in New Hampshire against $60,778 in New York — a real difference of $7,609 a year, 1.3× the nominal one, and $76,093 over the 10 years most people stay.
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 New Hampshire is 9th. Housing, the component that moves most, is 114.9 against 122.2.
Grey columns are what a year of New Hampshire 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. On this pair the state income tax genuinely is the largest difference — $4,860 — which is less common than the coverage of this subject suggests:
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 — $0 in New Hampshire, $4,860 in New York. New Hampshire does not levy one at all, which is the fact that sells the move — and, as the next line shows, not the fact that decides it.
Property tax — $7,920 in New Hampshire, $8,741 in New York on a $400,000 home, at each state's median local rate. Smaller than the income tax gap here, which is not usually the case.
Local income tax — zero on both sides. New Hampshire has none at any level, state or local — and that holds for all nine states without a state income tax, none of which lets a county or city levy one either. The two go together.
Total: $28,740 in New Hampshire against $34,421 in New York — 28.7% and 34.4% of gross.
And New York housing costs 6.4% more
The cost of living figure on most comparison sites is one number from a crowd-sourced database. This is the Bureau of Economic Analysis Regional Price Parity — an official index published for every state, where 100 is the national average — and it comes split into components, which is the half that decides moves.
Cheaper in New York than New HampshireDearer in New York than New Hampshire
Each bar is how far apart New Hampshire 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 — 104.2 in New Hampshire, 107.9 in New York. A gap of 3.7 points.
Housing — 114.9 against 122.2. A gap of 7.3 points, 2.0× the headline gap. This is what people mean when they say somewhere is expensive.
Goods — 98.6 against 107.3, 8.7 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 — 133.7 against 134.4. 0.7 points apart, close enough not to change a decision.
Which half of this reaches you depends on whether you buy. Renting, the real difference between New Hampshire and New York is $7,110 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 $7,609. So buying widens the gap by $500: the more house you own, the more this comparison is worth to you.
The number to take into a salary negotiation: $112,739
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 New Hampshire?
$112,739. That is 12.7% more than you earn now. Anything less than $112,739 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 × 107.9/104.2 — gives $103,551. The answer is $112,739, so the shortcut is $9,188 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 $44,431, 11.1% above what you earn; on $250,000 it is $286,445, 14.6% above. The relationship bends by 3.5% across that range.
"New Hampshire" and "New York" are not places you can compare
Every figure above uses each state's median local property tax rate — its counties in New Hampshire, 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.
New Hampshire has 10 counties, and the effective property tax rate runs from 1.06% in Carroll County to 2.38% in Sullivan County — 2.3 times. On a $400,000 home that is a spread of $5,282 a year, without leaving the state.
So the honest version of this question is not "New Hampshire or New York" but which county. Picking the cheapest county in New York against the dearest county in New Hampshire swings the property tax line by $6,755 a year; the reverse choice swings it $7,759 the other way. Against a headline difference of $7,609, the county is not a detail — it is most of the decision.
Neither New Hampshire nor New York lets its counties levy their own income tax, so that layer is genuinely zero here rather than unmodelled — one of the 1,225 pairs out of 1,275 where it does not apply. It is the reason New Hampshire and New York are easier to compare honestly than most neighbours are.
Over 10 years: $76,093
Nobody moves for one year, and almost no comparison prices the decision over the horizon on which it is actually made.
At $7,609 a year of real difference, 10 years in New Hampshire instead of New York is worth $76,093 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 2 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 $7,609 a year it takes 2.0 years to earn back, so a stay shorter than that loses money on a move the annual figure calls a win.
At three horizons: $22,828 over three years, $76,093 over 10, $228,280 over thirty.
None of those figures contains the one variable that could overturn them: the same job rarely pays the same in New Hampshire and New York. That is what the $112,739 break-even above is for — it prices an offer instead of assuming the offer is identical.
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 New Hampshire or New York?
- New Hampshire, by $7,609 a year in real purchasing power on $100,000 with a $400,000 home. The take-home difference is only $5,680; the rest comes from the cost of living, where New Hampshire indexes at 104.2 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 New Hampshire?
- $112,739 — 12.7% more. That accounts for federal tax, FICA, state tax, property tax and the price level in each state.
- What are the taxes in New Hampshire vs New York?
- On $100,000: state income tax of $0 in New Hampshire against $4,860 in New York, and property tax of $7,920 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?
- $76,093 in today's purchasing power, at $7,609 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.