Median rent is 1% lower in Georgetown ($1,795/mo vs $1,821/mo). Buying is cheaper in Georgetown, where the median home runs $429,100 versus $777,600. Households earn more in Georgetown ($95,062 vs $80,483 a year). Taken together, Georgetown is the more affordable choice with a cost index of 98.3 against 112.6 — about 13% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Georgetown, TX.
Cost of living verdict
Georgetown is 13% cheaper overall
Cost of Living Index: 98.3 in Georgetown vs 112.6 in New York (US national average = 100)
City A
Georgetown, TX
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Georgetown, TX?
Equivalent salary in New York, NY
$85,966
You'd need $10,966 more (15% higher).
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Georgetown
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: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,795/mo in Georgetown and $1,821/mo in New York. Home buyers face a steeper market in New York: the median home is $777,600 versus $429,100 in Georgetown — 45% more expensive.
Metric
Georgetown
New York
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Georgetown
Income tax: N/A
Sales tax: N/A
New York
Income tax: N/A
Sales tax: N/A
Air quality data is available for New York (avg AQI 46.0) but not yet for Georgetown.
Pick Georgetown if you prioritize lower overall cost of living (index 98.3 vs 112.6).
Pick Georgetown if you prioritize higher median household income ($95,062/yr).
Georgetown is cheaper overall, with a cost of living index of 98.3 versus 112.6 (US average = 100). That means prices run about 13% lower in Georgetown.
Median rent is $1,795/mo in Georgetown, TX and $1,821/mo in New York, NY. Georgetown, TX has the lower rent by about 1%.
Median household income is $95,062 in Georgetown, TX and $80,483 in New York, NY. Georgetown, TX has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Air quality data is not yet available for one or both cities.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in Georgetown, TX is equivalent to roughly $114,621 in New York, NY (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
