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$100,000 After Taxes in New York vs. Texas

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The Next Gen Business

The Next Gen Business

Күн бұрын

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@danielmoore62
@danielmoore62 Жыл бұрын
72k in NY is just above poverty. 77k in Texas is upper middle class.
@spookysenpai7642
@spookysenpai7642 Жыл бұрын
Depends where you live in
@peterhenderson5413
@peterhenderson5413 Жыл бұрын
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.
@danielmoore62
@danielmoore62 Жыл бұрын
@@peterhenderson5413 I can’t argue with you on that.
@edmartinez6946
@edmartinez6946 Жыл бұрын
77k in Texas nowhere near upper middle class.
@cd-1234
@cd-1234 Жыл бұрын
@@edmartinez6946 yep. Especially if you live in the city. Like Austin is crazy expensive. It’s $2000 for a studio apartment
@scooterninja-hotmail
@scooterninja-hotmail Жыл бұрын
Texas doesn't have a state income tax
@gg-gamers
@gg-gamers Жыл бұрын
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.
@jamesharden3timedpoy466
@jamesharden3timedpoy466 Жыл бұрын
@@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…
@jonase5680
@jonase5680 Жыл бұрын
@@gg-gamers yup, texas has the cheapest gas if that's what you're pointing out
@phaqq
@phaqq Жыл бұрын
​@@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
@phaqq
@phaqq Жыл бұрын
​@@basba_qal somebody ripped you off, I have lived here all my life an NEVER have we had a state income tax
@LexRuger718
@LexRuger718 Жыл бұрын
You forget NYC residents tax and the MTA tax your utilities.
@darkmattersproject2951
@darkmattersproject2951 Жыл бұрын
He forgot all these damn toll road taxes and fees down here
@howmuch4821
@howmuch4821 Жыл бұрын
He clearly says New York STATE not NYC
@supertampon5
@supertampon5 Жыл бұрын
also ny housing prices are much higher.
@DaFlameGamers
@DaFlameGamers Жыл бұрын
@@howmuch4821 no in the video he clearly says NYC…
@DaFlameGamers
@DaFlameGamers Жыл бұрын
@@howmuch4821 watch the vid dumbass
@cathoderay305
@cathoderay305 Жыл бұрын
New York : Federal Income Taxes + State Income Taxes Texas : Federal Income Taxes only
@christianguzman6510
@christianguzman6510 Жыл бұрын
Texas=property taxes higher then nyc
@cathoderay305
@cathoderay305 Жыл бұрын
@@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.
@ronaldmacaluso107
@ronaldmacaluso107 Жыл бұрын
You forgot city tax, commuter tax Yonkers tax ....... Etc
@cathoderay305
@cathoderay305 Жыл бұрын
@@ronaldmacaluso107 I did, in the interest of time, neglect the other taxes that burden New Yorkers in order to just highlight an obvious difference.
@ManagerMatt1
@ManagerMatt1 8 ай бұрын
and that million dollar home in Texas will be an extra 2k+ a month for property tax and insurance.
@brianriera8483
@brianriera8483 Жыл бұрын
Our sales tax is 8.25 in tx
@brianriera8483
@brianriera8483 Жыл бұрын
@@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
@TdrSld
@TdrSld Жыл бұрын
@@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%.
@copytan2395
@copytan2395 Жыл бұрын
@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.
@zayin123
@zayin123 Жыл бұрын
@@brianriera8483 Not all counties add the allowed 2% to the sales tax. The county I live in does not.
@zayin123
@zayin123 Жыл бұрын
@@TdrSld Not everyone. You can check which counties do and don't.
@user-kd7kr1zu8x
@user-kd7kr1zu8x Жыл бұрын
If you were in NYC there is county income tax and city income tax which comes down to another 8-9%
@howmuch4821
@howmuch4821 Жыл бұрын
He is comparing states not NYC
@pepsiccolausa8857
@pepsiccolausa8857 11 ай бұрын
Then why is there a picture of nyc in the background?
@JSLR4K
@JSLR4K 8 ай бұрын
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.
@spookysenpai7642
@spookysenpai7642 Жыл бұрын
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
@tomaszwida
@tomaszwida Жыл бұрын
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,
@christianguzman6510
@christianguzman6510 Жыл бұрын
I moved to dallas i waste 300 dollars a month in gas now im moving back to nyc
@kat-oe7gb
@kat-oe7gb Жыл бұрын
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.
@HistoryandReviews
@HistoryandReviews Жыл бұрын
🤡
@phaqq
@phaqq Жыл бұрын
Seriously how do you compare a town with a 60k population to a city with 1.5 million
@HablenconLaury
@HablenconLaury Жыл бұрын
Property taxes in nyc is way cheaper than any other suburban and cities in NYS
@beyondthematrix3945
@beyondthematrix3945 Жыл бұрын
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.
@christianguzman6510
@christianguzman6510 Жыл бұрын
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
@beyondthematrix3945
@beyondthematrix3945 Жыл бұрын
@@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!
@christianguzman6510
@christianguzman6510 Жыл бұрын
​@@beyondthematrix3945 .i have family in nc i love it..bro texas is just racist and boring im moving back to nyc..
@christianguzman6510
@christianguzman6510 Жыл бұрын
​@@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
@edmartinez6946
@edmartinez6946 Жыл бұрын
@@christianguzman6510 Bye Felicia. Stop wasting time posting and leave.
@m1kcan1
@m1kcan1 Жыл бұрын
You forget to mention that homes are very affordable in Texas
@tomaszwida
@tomaszwida Жыл бұрын
all of them have HOA .... maybe its just me but i rather live in a forest then in a HOA community.
@zayin123
@zayin123 Жыл бұрын
@@tomaszwida No they don't.
@christianguzman6510
@christianguzman6510 Жыл бұрын
Cheaper is not always better
@C0astinG4mer
@C0astinG4mer Жыл бұрын
@@christianguzman6510ok but look at New York apartment prices. Do you see our point?
@yamahasuperbike2202
@yamahasuperbike2202 Жыл бұрын
The hell they are.
@jakeesayian2687
@jakeesayian2687 Жыл бұрын
Great info, but including cost of things like housing the gap grows large
@amorenlaplaya2759
@amorenlaplaya2759 Жыл бұрын
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...
@uzin0s256
@uzin0s256 Жыл бұрын
omg exactly
@vkaa3k190
@vkaa3k190 9 ай бұрын
riding a subway full of screaming monkeys vs riding a car with my fam or alone with my music. Very hard choice indeed.
@gustavofring5674
@gustavofring5674 6 ай бұрын
@@vkaa3k190it’s cheaper and better to take the subway also parking in nyc is a nightmare
@neilmenon8943
@neilmenon8943 6 ай бұрын
Wow you guys don't have cars. That is crazy poor.
@mikeymaster2494
@mikeymaster2494 3 ай бұрын
@@neilmenon8943 sorry dont have to be on traffic all day lol
@austin2640
@austin2640 Жыл бұрын
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.
@aidenryland8081
@aidenryland8081 Жыл бұрын
People aren't understanding that state income tax isn't that much unless you're rich
@tomaszwida
@tomaszwida Жыл бұрын
correct people are stupid, and don't see that is a difference of couple grand in a income tax.
@donaldcharlton2569
@donaldcharlton2569 Жыл бұрын
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 🤬👿🪦!!!
@nommo75216
@nommo75216 Жыл бұрын
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
@maecarpenter6735
@maecarpenter6735 Жыл бұрын
Not to mention you guys are not tied in to the national energy grid.
@johnbrattan9341
@johnbrattan9341 Жыл бұрын
mommo75216. Don't worry. Don't know anybody who'd willfully move to Texas.
@katyc.1402
@katyc.1402 Жыл бұрын
I left almost 5 years ago, best choice I ever got to make.
@datnohi8612
@datnohi8612 Жыл бұрын
Don't forget California as well as various other states like Oklahoma
@Kyle-ms2et
@Kyle-ms2et Жыл бұрын
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.
@RetiredJW
@RetiredJW Жыл бұрын
NEW York grid ever fail?
@Danielg86
@Danielg86 Жыл бұрын
Live in NY the property taxes will account for waaaaaayyy more than 6k
@Kyle-ms2et
@Kyle-ms2et Жыл бұрын
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.
@gamerjunction5335
@gamerjunction5335 Жыл бұрын
My property tax in Texas is 7.5% of my gross income. He is ignoring the School Taxes that are a huge take
@joypeaceandhappiness1501
@joypeaceandhappiness1501 Жыл бұрын
I was thinking the same thing. Our property taxes are outrageous
@seccat
@seccat Жыл бұрын
NY can keep the lights on 💡🥶. We also won’t die if the A/C goes out for a week.
@RecklessFables
@RecklessFables Жыл бұрын
New York City isn't the whole state. People aren't getting that when discussing costs of living, services, etc.
@vrotties
@vrotties Жыл бұрын
Thank you for saying that!!!
@christianguzman6510
@christianguzman6510 Жыл бұрын
Texas the light bill and the gas is alot of money,and dealing with racism and desling with texans that are weirdos
@jgorge2702
@jgorge2702 Жыл бұрын
don't care... Ill take New York any day!!!!!
@uranusplanet1226
@uranusplanet1226 Ай бұрын
You will not make $100k in Texas. You will make $65k
@davidfrost5123
@davidfrost5123 Жыл бұрын
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%.
@keepongoing4541
@keepongoing4541 Жыл бұрын
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.
@dyeefoon
@dyeefoon Жыл бұрын
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.
@CookWithStephh
@CookWithStephh Жыл бұрын
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
@bmichel2002
@bmichel2002 Жыл бұрын
What if we include car insurance or public transportation costs?
@serzambrano6151
@serzambrano6151 Жыл бұрын
Companies know cost living taxes and all those tricks so they will lower wages to match cost of living.
@tribequest9
@tribequest9 Жыл бұрын
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.
@frankb1
@frankb1 7 ай бұрын
The TX sales tax is 8.25% when you include the local taxes, which are collected everywhere in the state except some rural areas.
@KAMMD
@KAMMD Жыл бұрын
NOT worth the move out of NY
@strengthanhonor9589
@strengthanhonor9589 Жыл бұрын
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.
@Cbcw76
@Cbcw76 Жыл бұрын
Texas has 8.25% sales tax.
@Kyle-ms2et
@Kyle-ms2et Жыл бұрын
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.
@milotheviewer
@milotheviewer Жыл бұрын
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
@tomaszwida Жыл бұрын
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...
@milotheviewer
@milotheviewer Жыл бұрын
@@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.
@JuaniPodrido
@JuaniPodrido Жыл бұрын
I want to have my lights on in case of a Storm, so therefore NYC baby.
@Buuboi214
@Buuboi214 Жыл бұрын
🤡
@phaqq
@phaqq Жыл бұрын
I had electricity during the ice storm here in Texas
@tomaszwida
@tomaszwida Жыл бұрын
@@phaqq u individually do not count, as the state as a whole has massive problems with the grid...
@phaqq
@phaqq Жыл бұрын
@@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.
@christianguzman6510
@christianguzman6510 Жыл бұрын
​@@phaqq ..texans are racist
@Nonsense62365
@Nonsense62365 Жыл бұрын
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!
@nesq4104
@nesq4104 7 ай бұрын
Work from home, why the fuck would I live somewhere cold. Lol
@sauronthegreat5799
@sauronthegreat5799 Жыл бұрын
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.
@woodrow1037
@woodrow1037 Жыл бұрын
If you are living in NY please don't move to Texas. It gets unbelievably exhausting hearing how much better NY is.
@christianguzman6510
@christianguzman6510 Жыл бұрын
I moved to dallas bro biggest mistake i ever did im moving back to nyc
@woodrow1037
@woodrow1037 Жыл бұрын
@@christianguzman6510 take I30 east.
@237antonio6
@237antonio6 3 ай бұрын
@@woodrow1037 lol
@spudwickthrockmorton2112
@spudwickthrockmorton2112 5 ай бұрын
Choosing between New York and Texas is like choosing between getting shot in the left kidney or getting shot in the right kidney
@TheHyena-ru8bz
@TheHyena-ru8bz Жыл бұрын
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
@MustbeTheBassest
@MustbeTheBassest Жыл бұрын
The "founding fathers" didn't fight against taxes you dum bass.
@Automedon2
@Automedon2 Жыл бұрын
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.
@diecasttorontohunting
@diecasttorontohunting Жыл бұрын
If you consider the cost of living in each state, the decision is even easier.
@basba_qal
@basba_qal Жыл бұрын
Still Tx, and preferably in Austin. I would rather sweat than freeze. or, maybe both, NY during summer and Austin during winter.
@cb9996
@cb9996 Жыл бұрын
Austin is garbage unless you're a lefty then you'll fit right in
@basba_qal
@basba_qal Жыл бұрын
@@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.
@jamesharden3timedpoy466
@jamesharden3timedpoy466 Жыл бұрын
Austin sucks
@michael88366
@michael88366 Жыл бұрын
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.
@LilPW
@LilPW Жыл бұрын
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
@jamesharden3timedpoy466 Жыл бұрын
I mean Houston is in a bayou and Oklahoma is a dust bowl so you must be great at geography.
@maecarpenter6735
@maecarpenter6735 Жыл бұрын
​@jamesharden3timedpoy466 Both are the same to me.
@katyc.1402
@katyc.1402 Жыл бұрын
​@@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.
@yob_woc
@yob_woc 2 ай бұрын
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.
@jwyz4906
@jwyz4906 Жыл бұрын
In net York you would probably make more money, since the gdp per capita is higher, so ima say new york
@joey7253
@joey7253 Жыл бұрын
Doubt it.
@paowoww
@paowoww Жыл бұрын
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
@TruckerReviewed
@TruckerReviewed Жыл бұрын
Housing costs are also much higher in NY, you should know this
@mjscorn7943
@mjscorn7943 Жыл бұрын
Just don't say ima
@ssglbc1875
@ssglbc1875 Жыл бұрын
@@joey7253 New York has one of the highest gdp per capita in the us
@gothkid1011369
@gothkid1011369 8 күн бұрын
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 🥹🤣👁️👄👁️🥲🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️🤦🏾‍♀️
@rogerroger3383
@rogerroger3383 Жыл бұрын
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.
@ameurhamdane
@ameurhamdane Жыл бұрын
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
@cornelius738
@cornelius738 Ай бұрын
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.
@blissbignall7834
@blissbignall7834 Жыл бұрын
Texas does NOT have income tax!
@christianguzman6510
@christianguzman6510 Жыл бұрын
But has property tax higher then new york
@realityblooms
@realityblooms Жыл бұрын
How are people forgetting about federal income tax?
@uneyedentified2017
@uneyedentified2017 Жыл бұрын
​@@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
@Sean304005
@Sean304005 4 ай бұрын
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.
@michaelsomething7674
@michaelsomething7674 Жыл бұрын
The video didn't talk about th weather, the things to do, see and facilities
@jbailey1328
@jbailey1328 Жыл бұрын
Can you do NY vs Georgia?
@vrotties
@vrotties Жыл бұрын
NYC all day everyday.
@HistoryandReviews
@HistoryandReviews Жыл бұрын
🤡
@joey7253
@joey7253 Жыл бұрын
Lol… ok . No one wants to live in NYC, unless you make 1million a year or more.
@vrotties
@vrotties Жыл бұрын
@@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..😮
@vrotties
@vrotties Жыл бұрын
@@joey7253 Did you ask all 8million plus people here? 🤔
@peterhenderson5413
@peterhenderson5413 Жыл бұрын
​@@joey7253 New york is full of poor and middle class people. 37% of the population is immigrants. Clearly people want to live there.
@seanconnery5683
@seanconnery5683 9 ай бұрын
Texas is cheaper than this. You need to also take into account cost of living by factoring difference in consumer price index.
@rt_huxley9205
@rt_huxley9205 Жыл бұрын
Are you comparing New York City or the State of New York?
@pepsiccolausa8857
@pepsiccolausa8857 11 ай бұрын
You forgot the nyc tax which is close to 4%. So in actuality you would only take home about $68,000 in New York
@ElonTrades
@ElonTrades 6 ай бұрын
If you’re going to move states for taxes, you might as well move countries because the difference is negligible.
@modernrustics5069
@modernrustics5069 8 ай бұрын
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
@jjalltheway3766
@jjalltheway3766 Жыл бұрын
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%.
@AL.BUNDY.
@AL.BUNDY. 5 ай бұрын
ChannelClownCreator forgot about state tax in NY.
@norrispg4212
@norrispg4212 Жыл бұрын
So PLEASE GOD, don’t come to Texas
@pauldeck4500
@pauldeck4500 8 ай бұрын
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.
@JN-qg1eo
@JN-qg1eo 9 ай бұрын
In nyc theirs a higher chance that your average person already makes 100k but in Texas 100k is way above the average
@richmesa1970
@richmesa1970 Жыл бұрын
NEW YORK every time!
@blackpowderpapa
@blackpowderpapa Жыл бұрын
I'd rather live in Texas even if I made $100,000 more living in New York
@MrMusic55123
@MrMusic55123 Жыл бұрын
Wrong, you need to deduct social security and Medicare from the gross income as well in both states
@yp8421
@yp8421 Жыл бұрын
You can live for 100k like a king in Nebraska in the middle of nowhere. Cheaper than in Texas and Florida and NYC both
@mikeymaster2494
@mikeymaster2494 Жыл бұрын
Nothing to do..
@phaqq
@phaqq Жыл бұрын
Same in Texas, only expensive places are the metro areas n suburbs of those areas. Everything else is very affordable.
@debbiehennessy8144
@debbiehennessy8144 Жыл бұрын
Texas, Florida, NY =both?? lol jk
@del-see-oh
@del-see-oh Жыл бұрын
It's a lot easier to make 100k in NYC than in Dallas. You don't need a car note here either.
@Nativefall
@Nativefall 5 ай бұрын
STOP!!!! Texas doesn’t have state taxes
@automotivegarcia1
@automotivegarcia1 8 ай бұрын
That 5.3K makes all the difference..
@drakeil
@drakeil Жыл бұрын
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.
@HartPhotoAndVideo
@HartPhotoAndVideo Жыл бұрын
Nor does TX have motor vehicle taxes.
@sharonbyrd8625
@sharonbyrd8625 Жыл бұрын
NY Hated Texas But luv Florida!
@christianguzman6510
@christianguzman6510 Жыл бұрын
Yea texas is garbage
@mikhailvoss4285
@mikhailvoss4285 3 ай бұрын
Most of Texas had county property tax which basicly doubles it.
@emmanuelvelazquez3197
@emmanuelvelazquez3197 Жыл бұрын
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 .
@emmanuelvelazquez3197
@emmanuelvelazquez3197 Жыл бұрын
100k in TX*
@FreezeGopher1
@FreezeGopher1 Жыл бұрын
Not Texas, plus your property tax estimation is grossly underestimated.
@samuelopdycke2596
@samuelopdycke2596 Жыл бұрын
Hey you forgot most counties in texas add 2% to sales tax brining it usually to 8.25%
@phaqq
@phaqq Жыл бұрын
Entire state is 8.25
@DarkData100k
@DarkData100k 7 ай бұрын
Avg property tax in the major metro areas and suburbs is more like 2.1-2.5% in TX.
@itsacorporatething
@itsacorporatething Жыл бұрын
What the difference in income between the two though? A job that pays $100,000 in Texas probably pays $150,000 in New York.
@TheTugboatgirl
@TheTugboatgirl 5 ай бұрын
NY has a sales tax of 8.75% not 8%
@richardmartinez9900
@richardmartinez9900 8 ай бұрын
They’ll come and request more money at the end of the year if you make that in TX filing single.
@joelspringman523
@joelspringman523 9 ай бұрын
I'd absolutely hate living in either place.
@raymond4307
@raymond4307 5 ай бұрын
A simple google search could have reveal Texas does not have an income tax 🤦🏽‍♂️
@shiffterCL
@shiffterCL 9 ай бұрын
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.
@freshpack8928
@freshpack8928 3 ай бұрын
Absolutely NY. The weather sucks in Texas upstate NY is beautiful and not expensive.
@a_beeble
@a_beeble 9 ай бұрын
Tax rate should be 5% at the most
@blooblefwarden4432
@blooblefwarden4432 11 ай бұрын
Except the Appraisal office lists your property for 50% more then it was last year and you have to pay 10k-30k in property tax on a regular sized 4 bedroom home. I live in collin county and I dont know anyone paying less than 10k for property tax
@very_awake
@very_awake 6 ай бұрын
If you live in NYC, you’d also pay NY City Tax
@LongRangeDesertGroupX
@LongRangeDesertGroupX 9 ай бұрын
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.
@REGroup7
@REGroup7 7 ай бұрын
I should upload my check you’re missing a lot more deductions bro
@RK-bx1by
@RK-bx1by 7 ай бұрын
Agree. The standard deduction pretty much everyone can claim
@faheyfan1
@faheyfan1 Жыл бұрын
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.
@christianguzman6510
@christianguzman6510 Жыл бұрын
Well texas is really boring
@AnguishedMan
@AnguishedMan Жыл бұрын
Downtown Dallas and downtown Austin are boring to u
@christianguzman6510
@christianguzman6510 Жыл бұрын
​@@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
@milabaigar
@milabaigar 5 ай бұрын
Sales tax here is 21% 🤬
@ardriacrawford
@ardriacrawford Жыл бұрын
New York because Texas doesn't have solid infrastructure and a lot of the cities are run down
@Nextlevup
@Nextlevup Жыл бұрын
Same. 5000 does little different
@ANonyMouse627
@ANonyMouse627 8 ай бұрын
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
@NarcissistTerminator
@NarcissistTerminator Жыл бұрын
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
@sublimegreen
@sublimegreen Жыл бұрын
NY of coarse!
@CynthiaOvv
@CynthiaOvv Жыл бұрын
Please can you do Nevada vs. Florida!!
@rmac3x
@rmac3x 7 ай бұрын
Now talk about the heating costs in texas
@jtsy4239
@jtsy4239 6 ай бұрын
Downtown NYC 😢 is beyond higher taxes people owen more taxes 😂
@marquisstrongchild7535
@marquisstrongchild7535 Жыл бұрын
Also you got to take into account that if you make $100k in New York, for the same job, you'd make $85,000 in Texas.
@joey7253
@joey7253 Жыл бұрын
Lol where do you see that. Incredibly, houston and any major city in Texas… the salary’s are equal to or higher than nyc.
@marquisstrongchild7535
@marquisstrongchild7535 Жыл бұрын
@@joey7253 you know that's very inaccurate
@phaqq
@phaqq Жыл бұрын
Wrong
@phaqq
@phaqq Жыл бұрын
​@@marquisstrongchild7535 no it's not
@llllllllllllilililllilill
@llllllllllllilililllilill 6 ай бұрын
@@phaqqYes it is. Most jobs account for COL so if you work for the same position compared to NYC vs Texas, they’ll give you a much higher salary to account for COL if you work in NYC.
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