Kentucky
Moderate tax burden · COL index 85
Wins 9 categories
New York
Very High tax burden · COL index 139
Wins 4 categories
New York's top income tax rate is 10.9% vs Kentucky's 4%. Cost of living in New York (index 139) runs 64% higher than Kentucky (index 85). Property taxes are meaningfully different: New York averages 1.4% annually vs Kentucky's 0.78%. The median home in New York costs $470K vs $215K in Kentucky.
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Housing & Cost of Living
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Category wins
9
Kentucky
4
New York
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Is Kentucky cheaper than New York?
Overall cost of living in New York, NY is 159.7% higher than in Lexington, KY. The average listing price for a home in New York, NY is $3,020,778, which is 681.1% higher than Lexington, KY. The average cost of groceries in New York, NY is 16.2% higher than Lexington, KY.
Is moving to Kentucky a good idea?
What is the leading cause of death in KY?
Is $70,000 a good salary in New York?
Is 70k enough to live in NYC? Living in New York City on a $70,000 salary is possible but requires budgeting. Rent will likely be your most significant expense, with affordable housing typically found in Queens or Brooklyn, where a one-bedroom can cost $2,000-$3,000 per month.