New York vs Dallas: Cost of Living & Housing Comparison
On median home value, New York comes in at $732,100 — 170% higher than Dallas, where the median is $270,700.
Typical households bring in $76,607 a year in New York, versus $63,985 in Dallas.
Median rent is $1,714 in New York, compared with $1,305 in Dallas.
New York carries FEMA's Relatively High hazard rating, compared with Very High for Dallas.
| Metric | New York, NY | Dallas, TX |
|---|---|---|
| Population | 8,622,467 | 1,300,642 |
| Median home value | $732,100 | $270,700 |
| Median household income | $76,607 | $63,985 |
| Median gross rent | $1,714 | $1,305 |
| Climate risk (FEMA) | Relatively High | Very High |
Dallas, TX beats New York, NY on both housing metrics we track — home value and rent — though this doesn't capture the full cost of living.
- Best cities in New York
- Best cities in Texas
- Austin vs Dallas: Cost of Living & Housing Comparison
- New York vs Buffalo: Cost of Living & Housing Comparison
- New York vs Albany: Cost of Living & Housing Comparison
Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index
Data last updated July 2026.