New York is 78% more expensive than Houston.
When comparing New York, NY and Houston, TX, the overall cost of living indices are 166 and 88 respectively (national median = 100). Rent is $466/month cheaper in Houston, saving renters about $5,592/year.
Median household income is $16,819/year higher in New York. Home values also differ significantly — the median in New York is $751,700 compared to $253,400 in Houston.
Texas has no state income tax, giving Houston residents a significant tax advantage over New York's 10.9% rate.
New York vs Houston — common questions