Moving from New York to Iowa: Cost & Tax Comparison
Compare state income tax savings, HUD rent differentials, and household purchasing power adjustments when relocating from New York to Iowa.
Data updated · Sources: HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology
What changes when you move from New York to Iowa
New York has graduated income tax rates up to 10.9% and Iowa has a flat 3.8% income tax. On a $100,000 salary a single filer pays $4,860 in state income tax in New York and $3,148 in state income tax in Iowa. With federal income tax and FICA unchanged, total tax falls by $1,712 a year after the move. HUD's one-bedroom Fair Market Rent averages $1,400 a month across New York's metro areas and $859 across Iowa's (-38.6%). Pay differs too: the BLS median wage across all occupations, weighted by employment in each state's metros, is $59,552 in New York and $49,899 in Iowa. City and county income taxes, which some localities add, are not included in these state-level figures; the metro routes below include them.
Metropolitan Corridors Between New York & Iowa
Moving from New York to Iowa on a $100,000 salary: pay $1,712 less in total taxes per year; average one-bedroom rent is $859 vs $1,400 a month (HUD FMR).
Quick answers
For a single filer earning $100,000 with no local income tax, total federal, FICA and state taxes are $1,712 lower in Iowa than in New York (1.7 percentage points of gross pay). The average HUD one-bedroom Fair Market Rent across Iowa's metros is $859 a month, versus $1,400 in New York (-38.6%). Taxes and one-bedroom rent combined change by +$8,204 a year.
New York: Graduated Brackets, top rate 10.9%. Iowa: Flat Tax, top rate 3.8%. Federal income tax and FICA are the same in both states.