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Guam

Low tax burden · COL index 132

Wins 5 categories

VS

New York

High tax burden · COL index 139

Wins 1 categories

Guam's top income tax rate is 37% vs New York's 10.9%. Property taxes are meaningfully different: New York averages 1.4% annually vs Guam's 0.75%.

Guam
New York

Taxes

37%
Income Tax (top rate)
10.9%
0.75%/yr
Property Tax Rate
1.4%/yr
2%
Sales Tax (avg)
8.52%
Yes
Social Security Tax
Yes
Yes
Estate Tax
No
None
Capital Gains Tax
As income

Housing & Cost of Living

132
COL Index (100=avg)
139

Social Policy

C
Gun Laws Grade
A
D+10.0
2024 Presidential Margin
D+12.0

Category wins

5

Guam

1

New York

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People Also Ask

Is Guam a good place to live for Americans?

As a US territory in the Western Pacific, Guam allows American citizens to relocate without a visa or passport. However, living costs can differ from those on the mainland. The cost of living in Guam is generally higher in several categories, particularly groceries and utilities, because so many items are imported.

What are the biggest problems facing Guam?

As a territory of the United States, Guam continues to battle increasing rates of poverty, poor healthcare, broken schools and high rates of crime. Many of these social ills are a result of the lack of control over immigration policies and limited resources.

Is Guam more expensive than the USA?

Cost of Living in Guam Have you been wondering about living in Guam? If so, you may have questions about the cost of living in Guam vs. USA. The cost of living on Guam is estimated to be about 50 percent higher than on the mainland, due to the greater difficulty in getting supplies onto the islands.

How much money do I need to live in Guam?

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Annual Income

$150K

Affects effective income tax rate

$0$500K$5M+

Retirement Savings

$0

Affects pension and SS tax burden

None$500K$10M+

Social Security

None

Annual Social Security benefit

None$150K/yr

My Property Is Worth

$400K

Affects property tax burden

Tax burden ↓$1M$50M+

Home Buying Budget

$400K

Compared to state median home price

Hard to find$250K$5M+

Monthly Rent Budget

Don't care

Compared to state median 2BR rent

Don't care$10K/mo

Job Market

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State unemployment and job growth

Don't careHot market

Airport Access

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Direct flight destinations from state hubs

Don't careMust have hub

City vs Country

Mid-size city

% urban population

Deep countryBig city

Sunshine

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Annual sunny days per state

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Food Scene

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Restaurants per 100K residents

Don't careWorld-class

Political Preference

Neutral

State's political lean

LiberalConservative

Gun Laws

Neutral

State gun law grade (Giffords)

Gun Control2A Freedom

Abortion Access

Neutral

State abortion access policy

Pro-ChoiceNeutralPro-Life

Community

None

Congregations per 100K residents

AvoidDon't careSeek

Sports & Entertainment

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Pro sports teams and major venues

Don't careMust have pro teams

Cannabis Laws

Neutral

State cannabis legality

Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral

% population 65+ (Census)

Young areaRetirement-heavy

Dating Market

Neutral

% adults never-married (Census)

Singles sceneFamily community

Safety / Low Crime

Don't care

Violent crime rate per 100K (FBI)

Don't careVery safe

School Quality

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K-12 rank (Education Week)

Don't careTop-ranked

Healthcare Access

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Healthcare system rank (Commonwealth Fund)

Don't careTop-ranked

Childcare Affordability

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Cost of living proxy for childcare affordability

Don't careMust be affordable