New York vs St. Louis for Families (2026)

A family-focused comparison of housing, income, taxes, and overall affordability in New York, NY vs St. Louis, MO.

  • 2BR rent: $1,700/mo in St. Louis vs $4,800/mo — 65% difference
  • More affordable homeownership in St. Louis: $230K median vs $750K
  • Higher median household income in New York: $78K/yr vs $54K

Family cost comparison

Metric
New York
New York
St. Louis
Missouri
2BR rent/month$4,800$1,700Better
Median home price$750K$230KBetter
Median household income$78KBetter$54K
Est. childcare/month$2,431$1,131Better
State income tax6.9%4.7%Better
Sales tax (combined)8.5%Better8.6%

Frequently asked questions

Which city is better for raising a family — New York or St. Louis?

Based on housing costs, income, and taxes, St. Louis scores slightly better for families overall. St. Louis has lower 2-bedroom rents, St. Louis is more affordable for homebuyers, though both cities have strong family communities.

What is the average 2-bedroom rent in New York vs St. Louis?

As of Q1 2026, median 2BR rent is $4,800/month in New York and $1,700/month in St. Louis. St. Louis is 65% cheaper for a 2-bedroom apartment.

Can a family afford to buy a home in New York or St. Louis?

The price-to-income ratio in New York is 9.6× ($750K home, $78K income) vs 4.3× in St. Louis. A ratio below 3× is generally considered affordable. St. Louis is more achievable for first-time family homebuyers.

How much does childcare cost in New York vs St. Louis?

Based on cost-of-living indices, estimated childcare (infant/toddler) runs approximately $2,431/month in New York and $1,131/month in St. Louis. These are estimates — actual costs vary by provider and program type.

Which city has lower taxes for families?

New York has a 6.9% state income tax rate vs St. Louis's 4.7% rate. For a dual-income family earning $120K combined, the difference can mean $132+/month in take-home.

Childcare estimates based on national average scaled by COL index. Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026

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