New York's average HOUSEHOLD income is $71k, $72k for an individual is absolutely fine. Won't go as far as in texas, but that's at the price of texas having worse schools, higher crime rates, worse social safety nets, and worse rights for workers. I'll take new york any day.
@@gg-gamers wtf are driving that you have a 3600 payment my mortgage on my 5bd room house is only 660a month, full coverage insurance on 3 vehicles is 164 a month n gas is 2.59 a gallon where I live comes out to 28.00 for a full tank n no state income tax sales tax is 8.25 not 6.25
@@christianguzman6510 True, but what percentage of your pay is taken from your gross earnings to fund local and state government in NY? I suspect it's far more than we pay here in property taxes.
I prefer NY bc cold weather, public transportation, and there's some affordable housing in the outskirts of New York City. That's only if you make 6 figures to live a good life there
correct. people don't understand that there is plenty of houses outside of NYC. and a large selection of houses without cancerous HOA. unlike texas almost every community has an HOA,
NYC income tax is an extra 3.5%, and sales tax is an extra 7/8%. Long Island and Westchester have no extra income tax, but they have higher property taxes compared to the rest of the state. On the flip side, wages are much higher in NY compared to Texas, especially downstate New York.
@@copytan2395 you are correct but everywhere you go also charges 2% from local taxing districts like cities and counties, we don't pay taxes on food items purchased from a grocery store. You still made your point, new York is more expensive. Additionally where most people live in this state the property tax rate is closer to 2.5% on average. There are many other advantages to living here besides taxes. I like your comparisons though thank you for sharing
@@copytan2395 Yes he is Texas has a max 8.25% sales tax. 6.25% is to the state and the remaining 2% can be add for county and city sales tax. And everyone just rings up the 8.25%.
@Go tigers Seems like I’m hurting y’all’s feeling. I live in Cowtown. The BASE sales tax is 6.25% period. NOT including jurisdiction that can raise it by 2%. And just like this video, you don’t need to live in the state to understand tax regulations. Good grief.
Yea but dallas is racist....im from nyc i would live in houston...just remember bro texas is extremly boring and becarefull with the car accidents they have the highest rate in usa
@@christianguzman6510 thanks for the 411 but I’ve been living in NC for over 30 years now. I have 1 1/2 years left of mortgage payments on my house so I’m good. I left NYC in 1989 but still visit 2 times yearly to see my family in Washington Heights and the BX. My oldest daughter lives in Houston and I love visiting there. I’ve been to Dallas once and didn’t get any negative vibes, but then again that was just one visit. Have a blessed holidays. Peace out!
@@beyondthematrix3945 ..bro dallas is racist af...very conservative...my son lives in houston i guess the southern part of texas is better...but deff dallas should be given back to the native americans
NY baby but you should really compare cities like Dallas to Whiteplains, NY. You can only compare Manhattan or Brooklyn to San Francisco, Paris, Toronto, London, and etc. Upstate NY property taxes is dirt cheap compared to downstate NY.
The more I see your videos the more I wonder if you're some high school kid just making up numbers. This video makes absolutely no sense. Property tax has nothing to do with income tax.
In texas you need a car = $600 car + insurance $200 = $800 monthly + gas $150 = TOTAL : $11400 year ,(don't count repairs). Subway in NYC is $2.75 per ride or unlimmitted ride for $33 weekly, that's it. we could go on...
I’m too black for TX and I’m an immigrant that STILL has bad experiences here in the NORTH 😅 I’m good in NY 😭 so sorry but on of those bad experiences was LAST NIIIGHT 🥹🤣👁️👄👁️🥲🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️
72K is $6000 per month. The average apartment in NYC is $3000-$4000 for a small old crappy ugly apartment! Doesn’t include a parking spot! Parking spot is around $500. Per month. In San Antonio or Houston you can buy a home with a mortgage of around $3000 per month including property, taxes, and hazard insurance. With a 20 year mortgage you’ll own your home! Also it should increase in value around 100% minimum that’s 5% per year! Renting an apartment in NYC air the Bronx! Your rent will increase 5-10% per year minimum! Over 10’years your rent will double and your net income may not! The choice is simple! Work from home and buy a house in upstate NY!
You forgot to add in the State and City Income Tax if in New York City. The real estate taxes in Texas are higher than you quoted....about 2.5 %...?not 1.8%.
Not sure what the sudden urge is for everyone to compare a state to Texas. Every state has its perks but comparing income doesn’t make sense. It’s like rent in San Francisco would completely ruin my income but here in Pennsylvania it’s fairly decent.and I can afford a higher standard of living.
There is a difference b/n NY as state and NYC as city. You can live comfortably in NY other cities with 100K. Upstate NY, 100k a whole lot. 40 minutes away from NYC. You don’t have to live in nyc if u can’t afford it.
Thats correct and we dont have to listen to gov Abbott or have school cops who let maniacs shoot up a bunch of 10 yr old kids and lie about what they did.
I been looking at upstate New York and I love the homes there. But everyone keeps telling me there’s nothin to do there but I’ll have to visit myself to see. I’m trying to see the best places to live with a 5 year old. I don’t really care for living in the city I’m looking for the more affordable places, Boston seems nice and a little less expensive as well but upstate nyc is really cheap surprisingly
Thank you my other Texans for explaining to this man that we do not have state income tax and our sales taxes 8.25%, but to all you other people that want to come to Texas don't we're running out of resources right now
Yeah and the average property taxes are just averages. Texas can get way higher than that. And if you have an expensive home in Texas, the additional property taxes DO add up.
Yeah but the alternative is New York lol. Let's all cram into dirty sky boxes like little rats and fight rampant homelessness on the daily. New York is dirty as hell.
@@jamesharden3timedpoy466 As they say in the NE, its all "flatlanders". Wouldn't really know the difference unless it rains (floods). I say this as someone who was born in Houston and lived in Texas for 30 years.
Texas doesn't have state taxes but it makes up for it by increasing property tax and sales tax and tolls on every road. It's the same story in Florida. property tax thru the roof. high insurance premiums.
As someone from Texas a few things I'd like to point out: 1. You have to own a car in Texas, you don't in new york. 2. The Texas equivalent of a 100k NY job is not paying 100k, more like 60-80k. 3. These days, outside of rural Texas, 100k is not high income, its not even upper middle class, its more like lower middle class, like barely able to buy a home level, unless you really save or move way far out of the city center and want to spend 1+ hours commuting every day to get to the office. Comparing 100k in Texas to 100k in NY is a total apples and oranges comparison.
This situation is exactly what our forefathers fought against great Britain for and now here we are paying taxes on everything and the government isn't using that money for the people
Do your own research people and don't rely on misinformation on YT. Texas numbers in this Short do not represent the entire state. Sales tax is 6.25 but in many places it is 8.25 percent. Same with property taxes. This depends on the area of Texas where someone lives. It can be closer to 3%.
@@christianguzman6510 yea but people can actually afford to live an buy a home in texas. Not live in a shitty project like a cockroach paying 2500 for a shoe box
Yes, and as others have stated. You're not going to only be paying the state minimum rate anywhere in the state as far as I'm concerned. 8.25 percent is pretty typical.
These comparisons never take into account the deductions you can claim at the end of the year. There's also things like hospitality taxes, hunting and fishing licenses, annual excise taxes on vehicles, annual vehicle inspections and registration fees and a host of small things like speeding fines, tolls, fuel taxes, tobacco and alcohol taxes. I'd like to see an accurate table with all taxes and fees.
Why all this taxation? Have you seen a government pick up truck in either state that’s more than three years old? The spending is out of control everywhere. We revolted against England for far less taxation
That’s misleading. NY Sales’s Tax is 4 percent- their state default rate is 7 percent. Texas’s sales tax is 6.25 percent, however, 97 percent of locations have a local sales tax bringing the total to 8.20 percent.
@@AnguishedMan ..i can tell u never been no where.. i live in dallas now yes dallas and austin are boring..the vibe in ny or even miami is super fun everyone wants to have fun...i dont hear tourist going to dallas or austin ...alot of realtors talking about texas but once people come here and see how antisocial people are they gonna leave ....texas is not a welcoming state
This is slightly misleading, since if you live in the city or southern upstate NY, you almost definitely go to NJ to shop (which has a sales tax of 6.625% and tax exemption of all clothing items)
@@tomaszwida the population of NYC is 8.468 million. Add the three upstate counties that border New Jersey and you have 10,209,647 people. That's over half of the population of New York State alone. My point is, these statistics are in a vacuum, and it’s not as cut and dry as the video makes it seem.
This makes zero sense. #1 Texas doesn’t pay State Income Tax and if they are talking Federal income tax than it doesn’t matter what states you’re in, it’s the same federally based on your income tax bracket. So they’d both be taxed the exact same federally if they both made $100k.
@@cb9996 Well, I guess you must live in a dump to know one. The cold keeps your garbage odorless. LOL You must be a religitard with predefined senses. Austin is the capital of art, music and free thinkers, and lots of good eats.
Yeah, but the houses are so expensive that almost all the money that NY has on TX will be evaporated by having to pay back the massive loan taken out to buy the house
Nobody chooses where they want to live based on this analysis. They choose based on where they can get a job, where they have family, what kind of culture they want to live in.
@@HistoryandReviews Projecting much. Someone asked a question and I answered it, but for some reason YOU needed to respond to my response. Continue whatever life you have....mine is mine and its good....in NYC....lol. And NY state is part of the national electric grid. Not like Texas..😮
I would absolutely choose NYS. Texas is terrible in every category that really matters (Quality of Life), and NYC makes the tax average look sky high, but is less than 1% of the land area. I would live in Upstate NY HANDS DOWN over Texas any day.
I would rather make less and live in Texas. NY is a trash bin full of boxes. The apartments and homes in Texas have walk-in closets bigger than any place in NY. Lol
I love these shorts but ,It glossed over the 3.44% 3,441 in NYC . So if you live in the metropolitan area then: net income is $68,559.00 vs 78,000 I work in NYC and have grossed 100k in the past. There are also a few minor taxes left out that may decrease your income another few hundred. Probably have to gross about 113k to equal 110k in TX. Leaving NYC , after 20 plus years of w2 servitude ( I could think of more appropriate adjectives to describe W2 work in NYC but it would be unfairly triggering. NYC is at the forefront of # Simon Linguet described all the way back in the 18th century) 1 mil plus for a 450 sqft apt . San-Fran really has nothing on NYC proper ( Manhattan, Brooklyn, and Queens) as far as in-affordability .
NYC (native) because I hate living around MAGATs that tote 50 caliber rifles all day (direct experience of a cousin who went to school down there). Also: fewer hurricanes, oil spills and tornadoes up in NYC (for now) and like one other comment: reliable power grid.
Yeah but New York doesn't have a failing power grid and power companies that charge thousands of dollars after a winter storm lol New York doesn't have a failing hospital system with huge swaths of rural counties having no doctors.
This is almost completely meaningless, there are other costs associated with any state you live it, you may find some of these costs will take more than your $5,000 a year in savings. Try looking at energy costs to start.
Kinda false info here, it's really 8.25. Some places might keep it low in the country, but as a general rule of thumb, Texas tax is 8.25 after local tax
Its good to see what a baseline salary looks like in each state but its a bit deceptive. Sure, texas is cheaper but you also make less money on average then NY or California for example. I worked at a company that hired in both Texas and California and the same job had a 10% salary difference.
This is so confusing. Why is he counting property tax as a percentage of *income*? It should be percentage of your property's value. Yeah and all the miscellaneous NYC state/local taxes not included
72k in NY is just above poverty. 77k in Texas is upper middle class.
Depends where you live in
New York's average HOUSEHOLD income is $71k, $72k for an individual is absolutely fine. Won't go as far as in texas, but that's at the price of texas having worse schools, higher crime rates, worse social safety nets, and worse rights for workers. I'll take new york any day.
@@peterhenderson5413 I can’t argue with you on that.
77k in Texas nowhere near upper middle class.
@@edmartinez6946 yep. Especially if you live in the city. Like Austin is crazy expensive. It’s $2000 for a studio apartment
Texas doesn't have a state income tax
They don't have a subway either. So you HAVE to have a car payment.
Enjoy that minimum 3600 payment, 1200 insurance, 2240 (40/ week gas) = 7,040.
@@gg-gamers NYC isn’t all of NY. Also living expenses are cheaper in TX so you might as well add that into your made up expenses…
@@gg-gamers yup, texas has the cheapest gas if that's what you're pointing out
@@gg-gamers wtf are driving that you have a 3600 payment my mortgage on my 5bd room house is only 660a month, full coverage insurance on 3 vehicles is 164 a month n gas is 2.59 a gallon where I live comes out to 28.00 for a full tank n no state income tax sales tax is 8.25 not 6.25
@@basba_qal somebody ripped you off, I have lived here all my life an NEVER have we had a state income tax
You forget NYC residents tax and the MTA tax your utilities.
He forgot all these damn toll road taxes and fees down here
He clearly says New York STATE not NYC
also ny housing prices are much higher.
@@howmuch4821 no in the video he clearly says NYC…
@@howmuch4821 watch the vid dumbass
New York : Federal Income Taxes + State Income Taxes
Texas : Federal Income Taxes only
Texas=property taxes higher then nyc
@@christianguzman6510 True, but what percentage of your pay is taken from your gross earnings to fund local and state government in NY? I suspect it's far more than we pay here in property taxes.
You forgot city tax, commuter tax Yonkers tax .......
Etc
@@ronaldmacaluso107 I did, in the interest of time, neglect the other taxes that burden New Yorkers in order to just highlight an obvious difference.
and that million dollar home in Texas will be an extra 2k+ a month for property tax and insurance.
I prefer NY bc cold weather, public transportation, and there's some affordable housing in the outskirts of New York City. That's only if you make 6 figures to live a good life there
correct. people don't understand that there is plenty of houses outside of NYC. and a large selection of houses without cancerous HOA. unlike texas almost every community has an HOA,
I moved to dallas i waste 300 dollars a month in gas now im moving back to nyc
If you were in NYC there is county income tax and city income tax which comes down to another 8-9%
He is comparing states not NYC
Then why is there a picture of nyc in the background?
NYC income tax is an extra 3.5%, and sales tax is an extra 7/8%. Long Island and Westchester have no extra income tax, but they have higher property taxes compared to the rest of the state. On the flip side, wages are much higher in NY compared to Texas, especially downstate New York.
Our sales tax is 8.25 in tx
@@copytan2395 you are correct but everywhere you go also charges 2% from local taxing districts like cities and counties, we don't pay taxes on food items purchased from a grocery store. You still made your point, new York is more expensive. Additionally where most people live in this state the property tax rate is closer to 2.5% on average. There are many other advantages to living here besides taxes. I like your comparisons though thank you for sharing
@@copytan2395 Yes he is Texas has a max 8.25% sales tax. 6.25% is to the state and the remaining 2% can be add for county and city sales tax. And everyone just rings up the 8.25%.
@Go tigers Seems like I’m hurting y’all’s feeling. I live in Cowtown. The BASE sales tax is 6.25% period. NOT including jurisdiction that can raise it by 2%.
And just like this video, you don’t need to live in the state to understand tax regulations. Good grief.
@@brianriera8483 Not all counties add the allowed 2% to the sales tax. The county I live in does not.
@@TdrSld Not everyone. You can check which counties do and don't.
I’m from NYC, and 100k will keep you in the hood, while 100k in Houston or Dallas would let you live comfortably in a nice neighborhood.
Yea but dallas is racist....im from nyc i would live in houston...just remember bro texas is extremly boring and becarefull with the car accidents they have the highest rate in usa
@@christianguzman6510 thanks for the 411 but I’ve been living in NC for over 30 years now. I have 1 1/2 years left of mortgage payments on my house so I’m good. I left NYC in 1989 but still visit 2 times yearly to see my family in Washington Heights and the BX. My oldest daughter lives in Houston and I love visiting there. I’ve been to Dallas once and didn’t get any negative vibes, but then again that was just one visit. Have a blessed holidays. Peace out!
@@beyondthematrix3945 .i have family in nc i love it..bro texas is just racist and boring im moving back to nyc..
@@beyondthematrix3945 ..bro dallas is racist af...very conservative...my son lives in houston i guess the southern part of texas is better...but deff dallas should be given back to the native americans
@@christianguzman6510 Bye Felicia. Stop wasting time posting and leave.
NY baby but you should really compare cities like Dallas to Whiteplains, NY. You can only compare Manhattan or Brooklyn to San Francisco, Paris, Toronto, London, and etc. Upstate NY property taxes is dirt cheap compared to downstate NY.
🤡
Seriously how do you compare a town with a 60k population to a city with 1.5 million
Property taxes in nyc is way cheaper than any other suburban and cities in NYS
You will not make $100k in Texas. You will make $65k
To everyone telling him texas doesn't have a state tax, I think he's accounting for federal and state income state for NY and just federal in TX.
People aren't understanding that state income tax isn't that much unless you're rich
correct people are stupid, and don't see that is a difference of couple grand in a income tax.
That's why you have no lights and the people starve in an emergency and worse of all look at your governor and is graff 🤬👿🪦!!!
You forget to mention that homes are very affordable in Texas
all of them have HOA .... maybe its just me but i rather live in a forest then in a HOA community.
@@tomaszwida No they don't.
Cheaper is not always better
@@christianguzman6510ok but look at New York apartment prices. Do you see our point?
The hell they are.
don't care... Ill take New York any day!!!!!
The more I see your videos the more I wonder if you're some high school kid just making up numbers. This video makes absolutely no sense. Property tax has nothing to do with income tax.
In texas you need a car = $600 car + insurance $200 = $800 monthly + gas $150 = TOTAL : $11400 year ,(don't count repairs). Subway in NYC is $2.75 per ride or unlimmitted ride for $33 weekly, that's it. we could go on...
omg exactly
riding a subway full of screaming monkeys vs riding a car with my fam or alone with my music. Very hard choice indeed.
@@vkaa3k190it’s cheaper and better to take the subway also parking in nyc is a nightmare
Wow you guys don't have cars. That is crazy poor.
@@neilmenon8943 sorry dont have to be on traffic all day lol
If you are living in NY please don't move to Texas. It gets unbelievably exhausting hearing how much better NY is.
I moved to dallas bro biggest mistake i ever did im moving back to nyc
@@christianguzman6510 take I30 east.
@@woodrow1037 lol
I’m too black for TX and I’m an immigrant that STILL has bad experiences here in the NORTH 😅 I’m good in NY 😭 so sorry but on of those bad experiences was LAST NIIIGHT 🥹🤣👁️👄👁️🥲🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️🤦🏾♀️
My property tax in Texas is 7.5% of my gross income. He is ignoring the School Taxes that are a huge take
I was thinking the same thing. Our property taxes are outrageous
72K is $6000 per month. The average apartment in NYC is $3000-$4000 for a small old crappy ugly apartment! Doesn’t include a parking spot! Parking spot is around $500. Per month.
In San Antonio or Houston you can buy a home with a mortgage of around $3000 per month including property, taxes, and hazard insurance. With a 20 year mortgage you’ll own your home! Also it should increase in value around 100% minimum that’s 5% per year!
Renting an apartment in NYC air the Bronx! Your rent will increase 5-10% per year minimum! Over 10’years your rent will double and your net income may not!
The choice is simple! Work from home and buy a house in upstate NY!
Work from home, why the fuck would I live somewhere cold. Lol
Great info, but including cost of things like housing the gap grows large
You forgot to add in the State and City Income Tax if in New York City. The real estate taxes in Texas are higher than you quoted....about 2.5 %...?not 1.8%.
Companies know cost living taxes and all those tricks so they will lower wages to match cost of living.
true, a hospital in NY or Cali will pay a nurse almost double what they would make in Kansas or Oklahoma. And it's the same chain hospital.
NEW York grid ever fail?
Not sure what the sudden urge is for everyone to compare a state to Texas. Every state has its perks but comparing income doesn’t make sense. It’s like rent in San Francisco would completely ruin my income but here in Pennsylvania it’s fairly decent.and I can afford a higher standard of living.
New York City isn't the whole state. People aren't getting that when discussing costs of living, services, etc.
Thank you for saying that!!!
Texas the light bill and the gas is alot of money,and dealing with racism and desling with texans that are weirdos
There is a difference b/n NY as state and NYC as city. You can live comfortably in NY other cities with 100K. Upstate NY, 100k a whole lot. 40 minutes away from NYC. You don’t have to live in nyc if u can’t afford it.
Thats correct and we dont have to listen to gov Abbott or have school cops who let maniacs shoot up a bunch of 10 yr old kids and lie about what they did.
I been looking at upstate New York and I love the homes there. But everyone keeps telling me there’s nothin to do there but I’ll have to visit myself to see. I’m trying to see the best places to live with a 5 year old. I don’t really care for living in the city I’m looking for the more affordable places, Boston seems nice and a little less expensive as well but upstate nyc is really cheap surprisingly
Thank you my other Texans for explaining to this man that we do not have state income tax and our sales taxes 8.25%, but to all you other people that want to come to Texas don't we're running out of resources right now
Not to mention you guys are not tied in to the national energy grid.
mommo75216. Don't worry. Don't know anybody who'd willfully move to Texas.
I left almost 5 years ago, best choice I ever got to make.
Don't forget California as well as various other states like Oklahoma
I can elaborate on this person's message and say that Texas is getting more expensive in both an absolute and relative sense to other places.
Live in NY the property taxes will account for waaaaaayyy more than 6k
Yeah and the average property taxes are just averages. Texas can get way higher than that. And if you have an expensive home in Texas, the additional property taxes DO add up.
Texas is hot, humid, flat and ugly. If you picked up the city of Houston and dropped it in Oklahoma you wouldn't know the difference.
Yeah but the alternative is New York lol. Let's all cram into dirty sky boxes like little rats and fight rampant homelessness on the daily. New York is dirty as hell.
I mean Houston is in a bayou and Oklahoma is a dust bowl so you must be great at geography.
@jamesharden3timedpoy466 Both are the same to me.
@@jamesharden3timedpoy466 As they say in the NE, its all "flatlanders". Wouldn't really know the difference unless it rains (floods). I say this as someone who was born in Houston and lived in Texas for 30 years.
Texas doesn't have state taxes but it makes up for it by increasing property tax and sales tax and tolls on every road. It's the same story in Florida. property tax thru the roof. high insurance premiums.
NY can keep the lights on 💡🥶. We also won’t die if the A/C goes out for a week.
The TX sales tax is 8.25% when you include the local taxes, which are collected everywhere in the state except some rural areas.
As someone from Texas a few things I'd like to point out:
1. You have to own a car in Texas, you don't in new york.
2. The Texas equivalent of a 100k NY job is not paying 100k, more like 60-80k.
3. These days, outside of rural Texas, 100k is not high income, its not even upper middle class, its more like lower middle class, like barely able to buy a home level, unless you really save or move way far out of the city center and want to spend 1+ hours commuting every day to get to the office.
Comparing 100k in Texas to 100k in NY is a total apples and oranges comparison.
This situation is exactly what our forefathers fought against great Britain for and now here we are paying taxes on everything and the government isn't using that money for the people
The "founding fathers" didn't fight against taxes you dum bass.
Do your own research people and don't rely on misinformation on YT.
Texas numbers in this Short do not represent the entire state. Sales tax is 6.25 but in many places it is 8.25 percent. Same with property taxes. This depends on the area of Texas where someone lives. It can be closer to 3%.
So PLEASE GOD, don’t come to Texas
NOT worth the move out of NY
Texas does NOT have income tax!
But has property tax higher then new york
How are people forgetting about federal income tax?
@@christianguzman6510 yea but people can actually afford to live an buy a home in texas. Not live in a shitty project like a cockroach paying 2500 for a shoe box
Texas has 8.25% sales tax.
Yes, and as others have stated. You're not going to only be paying the state minimum rate anywhere in the state as far as I'm concerned. 8.25 percent is pretty typical.
These comparisons never take into account the deductions you can claim at the end of the year. There's also things like hospitality taxes, hunting and fishing licenses, annual excise taxes on vehicles, annual vehicle inspections and registration fees and a host of small things like speeding fines, tolls, fuel taxes, tobacco and alcohol taxes. I'd like to see an accurate table with all taxes and fees.
Why all this taxation? Have you seen a government pick up truck in either state that’s more than three years old? The spending is out of control everywhere. We revolted against England for far less taxation
Texas is cheaper than this. You need to also take into account cost of living by factoring difference in consumer price index.
I'd rather live in Texas even if I made $100,000 more living in New York
NY
Hated Texas
But luv Florida!
Yea texas is garbage
That’s misleading. NY Sales’s Tax is 4 percent- their state default rate is 7 percent. Texas’s sales tax is 6.25 percent, however, 97 percent of locations have a local sales tax bringing the total to 8.20 percent.
Well texas is really boring
Downtown Dallas and downtown Austin are boring to u
@@AnguishedMan ..i can tell u never been no where.. i live in dallas now yes dallas and austin are boring..the vibe in ny or even miami is super fun everyone wants to have fun...i dont hear tourist going to dallas or austin ...alot of realtors talking about texas but once people come here and see how antisocial people are they gonna leave ....texas is not a welcoming state
What if we include car insurance or public transportation costs?
This is slightly misleading, since if you live in the city or southern upstate NY, you almost definitely go to NJ to shop (which has a sales tax of 6.625% and tax exemption of all clothing items)
yes but u cant account for a that when u are doing whole state. also I see a lot of people think there is nothing outside of NYC...
@@tomaszwida the population of NYC is 8.468 million. Add the three upstate counties that border New Jersey and you have 10,209,647 people. That's over half of the population of New York State alone. My point is, these statistics are in a vacuum, and it’s not as cut and dry as the video makes it seem.
Sale tax in TX is between 6.25 and 8.25 percent with most locations charging 8.25 percent so please double check your info
This makes zero sense. #1 Texas doesn’t pay State Income Tax and if they are talking Federal income tax than it doesn’t matter what states you’re in, it’s the same federally based on your income tax bracket. So they’d both be taxed the exact same federally if they both made $100k.
If you’re going to move states for taxes, you might as well move countries because the difference is negligible.
The cities in Texas vary greatly, too. A loft in Austin is easily $3k/mo. Property taxes are wild in the city (7%?) but less in the burbs.
STOP!!!! Texas doesn’t have state taxes
It would be better to live in Texas, even if the costs were higher. NYC is a miserable place to be stuck in.
Not true ...texas is for old people
Texas has a Democrat refugee tax we take it all for BBQ beer and guns.
Still Tx, and preferably in Austin.
I would rather sweat than freeze.
or, maybe both, NY during summer and Austin during winter.
Austin is garbage unless you're a lefty then you'll fit right in
@@cb9996 Well, I guess you must live in a dump to know one. The cold keeps your garbage odorless. LOL
You must be a religitard with predefined senses.
Austin is the capital of art, music and free thinkers, and lots of good eats.
Austin sucks
If you consider the cost of living in each state, the decision is even easier.
In net York you would probably make more money, since the gdp per capita is higher, so ima say new york
Doubt it.
Yeah, but the houses are so expensive that almost all the money that NY has on TX will be evaporated by having to pay back the massive loan taken out to buy the house
Housing costs are also much higher in NY, you should know this
Just don't say ima
@@joey7253 New York has one of the highest gdp per capita in the us
Choosing between New York and Texas is like choosing between getting shot in the left kidney or getting shot in the right kidney
You forgot the nyc tax which is close to 4%. So in actuality you would only take home about $68,000 in New York
Nobody chooses where they want to live based on this analysis. They choose based on where they can get a job, where they have family, what kind of culture they want to live in.
NYC all day everyday.
🤡
Lol… ok . No one wants to live in NYC, unless you make 1million a year or more.
@@HistoryandReviews Projecting much. Someone asked a question and I answered it, but for some reason YOU needed to respond to my response. Continue whatever life you have....mine is mine and its good....in NYC....lol. And NY state is part of the national electric grid. Not like Texas..😮
@@joey7253 Did you ask all 8million plus people here? 🤔
@@joey7253 New york is full of poor and middle class people. 37% of the population is immigrants. Clearly people want to live there.
New York because Texas doesn't have solid infrastructure and a lot of the cities are run down
Wrong, you need to deduct social security and Medicare from the gross income as well in both states
In nyc theirs a higher chance that your average person already makes 100k but in Texas 100k is way above the average
I would absolutely choose NYS. Texas is terrible in every category that really matters (Quality of Life), and NYC makes the tax average look sky high, but is less than 1% of the land area. I would live in Upstate NY HANDS DOWN over Texas any day.
I would rather make less and live in Texas. NY is a trash bin full of boxes. The apartments and homes in Texas have walk-in closets bigger than any place in NY. Lol
What the difference in income between the two though? A job that pays $100,000 in Texas probably pays $150,000 in New York.
You can live for 100k like a king in Nebraska in the middle of nowhere. Cheaper than in Texas and Florida and NYC both
Nothing to do..
Same in Texas, only expensive places are the metro areas n suburbs of those areas. Everything else is very affordable.
Texas, Florida, NY =both?? lol jk
NEW YORK every time!
A simple google search could have reveal Texas does not have an income tax 🤦🏽♂️
I love these shorts but ,It glossed over the 3.44% 3,441 in NYC . So if you live in the metropolitan area then: net income is $68,559.00 vs 78,000
I work in NYC and have grossed 100k in the past. There are also a few minor taxes left out that may decrease your income another few hundred. Probably have to gross about 113k to equal 110k in TX.
Leaving NYC , after 20 plus years of w2 servitude ( I could think of more appropriate adjectives to describe W2 work in NYC but it would be unfairly triggering. NYC is at the forefront of # Simon Linguet described all the way back in the 18th century)
1 mil plus for a 450 sqft apt . San-Fran really has nothing on NYC proper ( Manhattan, Brooklyn, and Queens) as far as in-affordability .
100k in TX*
It's a lot easier to make 100k in NYC than in Dallas. You don't need a car note here either.
I want to have my lights on in case of a Storm, so therefore NYC baby.
🤡
I had electricity during the ice storm here in Texas
@@phaqq u individually do not count, as the state as a whole has massive problems with the grid...
@@tomaszwida ok let me start over my entire area with more than 1.3 million people had electricity. As well as many other areas in the state.
@@phaqq ..texans are racist
Can you do NY vs Georgia?
NYC (native) because I hate living around MAGATs that tote 50 caliber rifles all day (direct experience of a cousin who went to school down there). Also: fewer hurricanes, oil spills and tornadoes up in NYC (for now) and like one other comment: reliable power grid.
Absolutely NY. The weather sucks in Texas upstate NY is beautiful and not expensive.
Yeah but New York doesn't have a failing power grid and power companies that charge thousands of dollars after a winter storm lol
New York doesn't have a failing hospital system with huge swaths of rural counties having no doctors.
NYC > Any place in Texas 100% of the time
Are you comparing New York City or the State of New York?
Most of Texas had county property tax which basicly doubles it.
You really need to work on your terminology, Texas doesn't have an income tax. We only pay federal tax.
Texas should be it's own country
Ill never live in a red state. Too dangerous
The video didn't talk about th weather, the things to do, see and facilities
This is almost completely meaningless, there are other costs associated with any state you live it, you may find some of these costs will take more than your $5,000 a year in savings. Try looking at energy costs to start.
Kinda false info here, it's really 8.25. Some places might keep it low in the country, but as a general rule of thumb, Texas tax is 8.25 after local tax
But you'll live well in Texas vs in poverty in NY
Not Texas, plus your property tax estimation is grossly underestimated.
Cost of Living! Texas is lower so you're paid less on average.
Texas has a TRUMPSTER for a governor.
Better than a democrat
@@AnguishedMan .texas is for old people
Its good to see what a baseline salary looks like in each state but its a bit deceptive. Sure, texas is cheaper but you also make less money on average then NY or California for example. I worked at a company that hired in both Texas and California and the same job had a 10% salary difference.
Nor does TX have motor vehicle taxes.
Average cost of living.. so texas would take it
NY isn't bad enough that i would move to texas.
NY has a sales tax of 8.75% not 8%
This is so confusing. Why is he counting property tax as a percentage of *income*? It should be percentage of your property's value. Yeah and all the miscellaneous NYC state/local taxes not included
Avg property tax in the major metro areas and suburbs is more like 2.1-2.5% in TX.
So essentially Texas is just better in every way
ChannelClownCreator forgot about state tax in NY.
unless you live in a texas city lol don't forget you need a car in texas too so it's not like that extra cash isn't getting spent immediately.