Boston vs New York City: Cost of Living, Taxes, Laws

Data reflects Massachusetts vs New York state-level figures. City-specific data coming soon.

Boston sits in Massachusetts, which has income tax up to 9%, 19th highest property tax, median home $580K. New York City sits in New York, which has income tax up to 10.9%, 11th highest property tax, median home $470K. Massachusetts costs a median household about $1,300 a year less in state and local taxes than New York, mostly because property tax on a median home runs $6,032 a year against $6,580 in New York, though everyday prices run higher there (cost of living index 148 against 139). Read the full Massachusetts vs New York comparison.