Median rent is 20% lower in New York ($1,779/mo vs $2,221/mo). Buying is cheaper in Flower Mound, where the median home runs $514,100 versus $751,700. Households earn more in Flower Mound ($157,737 vs $79,713 a year).
City A
Flower Mound, TX
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Flower Mound, TX?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Flower Mound
Texas
New York
New York
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rent is modestly lower in New York at $1,779/mo compared to $2,221/mo in Flower Mound (20% gap). Home buyers face a steeper market in New York: the median home is $751,700 versus $514,100 in Flower Mound — 32% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Texas has no state income tax, while New York tops out at 10.90% — giving Flower Mound a clear advantage for high earners. Sales tax is 6.25% in Texas and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Flower Mound
Income tax: None
Sales tax: 6.25%
New York
Income tax: 10.90%
Sales tax: 4.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Flower Mound.
Pick Flower Mound if you prioritize higher median household income ($157,737/yr).
Pick New York if you prioritize cheaper rent ($1,779/mo median).
Pick Flower Mound if you prioritize no state income tax.
Is Flower Mound cheaper than New York?
Cost of living index data is not yet available for one or both cities.
How much is rent in Flower Mound vs New York?
Median rent is $2,221/mo in Flower Mound, TX and $1,779/mo in New York, NY. New York, NY has the lower rent by about 20%.
Which has higher salaries — Flower Mound or New York?
Median household income is $157,737 in Flower Mound, TX and $79,713 in New York, NY. Flower Mound, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Flower Mound or New York?
Texas has no state income tax. New York has a top rate of 10.90%.
What salary do I need in New York to match my Flower Mound income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology