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Cities: New York City vs. Austin, Texas

Quick Verdict

New York City offers extensive public transportation, walkability, and a wide array of cultural venues, but it comes at a high cost of living and high taxes. Austin provides a dynamic arts and dining scene with lower healthcare costs but struggles with traffic, infrastructure strain, and rising living costs. The choice depends on prioritizing career opportunities, lifestyle preferences, and budget considerations.

Key features – Side-by-Side

AttributeNew York CityAustin, Texas
Cost of Living IndexRanges from 70% to 132% higher than the national average.129.1 (29.1% above the national average, 12% more expensive than the national average, and 24% more expensive than the average city in Texas)
Median Home PriceAround $740K - $888K. Median listing home price per square foot is around $830.$541,700 to $592,830 (May/June 2025) or $430,000 (March 2025)
Average Commute TimeApproximately 33.2 minutes.Not available
Public Transportation OptionsExtensive options include: Subways (24/7 service on many lines), Buses (local and express routes), Commuter rail (Long Island Rail Road, Metro-North Railroad, New Jersey Transit), Ferries, PATH to New Jersey, Taxis and ride-sharing services (Uber, Lyft), Roosevelt Island Tramway.Capital Metro (CapMetro) provides bus routes, MetroRapid, MetroFlyer, MetroExpress, University of Texas Shuttles, and MetroRail.
Job Market Growth RateNew York City's job growth is at 1.5% over the past year, which is faster than job growth in New York State (1.0%) and the US (1.2%). Strong job growth in finance, insurance, and professional services.1.4% (July 2024, 28th among top 50 metros) or 2.1% (revised 2024, 5th fastest-growing major metro)
Walkability ScoreNew York is an excellent walking city.42 (30th or 33rd most walkable large city in the US)
Number of Parks and Green SpacesNot explicitly stated, but NYC is known for parks like Central Park.Not available
Crime Rate (per 100,000 residents)Crime rates have generally declined since the 1990s. NYPD has a strong presence throughout the city.4,130 crimes per 100,000 people (higher than the national average); Violent crime rates: 540 per 100,000 residents (2022)
Quality of Public Schools (rating)Not explicitly stated.Not available
Cultural and Entertainment VenuesExtensive, including: Museums, Theaters (Broadway), Music venues, Historical sites, Landmarks (Times Square, Statue of Liberty, Empire State Building).Galleries, museums, street art, live performances, music venues, theaters, film. Key venues: Long Center for the Performing Arts, ZACH Theatre, Blanton Museum of Art, Red River Cultural District.
Average Temperature (Annual)The temperature is between 67 0F (19 0C) and 89 0F (32 0C).Not available
State and Local TaxesState income tax: 4% - 10.9%. NYC income tax: 3.078% - 3.876%. Sales tax: 4% - 8.875%. Property tax: 1.64% average effective rate. Gas tax: 25.68 cents per gallon of regular gasoline.Not available

Overall Comparison

NYC: Median Home Price $740K - $888K, Job Growth 1.5%, Extensive Public Transit. Austin: Median Home Price $430K - $592.8K, Job Growth 1.4%-2.1%, Crime Rate 4,130 per 100,000.

Pros and Cons

New York City

Pros:
  • Extensive public transportation system
  • Excellent walkability
  • Wide variety of cultural and entertainment venues
  • Strong job market growth in high-wage sectors
Cons:
  • High cost of living, especially housing
  • High state and local taxes
  • Economic inequality
  • Public safety concerns
  • Mental health issues

Austin, Texas

Pros:
  • Dynamic arts scene
  • Wide range of cultural and recreational activities
  • Vibrant dining scene
  • Healthcare costs generally lower than the national average
  • Some neighborhoods have a strong sense of community
Cons:
  • High cost of living (especially housing)
  • Traffic congestion
  • Strain on infrastructure
  • Crime rates vary by neighborhood

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