US Tax Tools

New York vs Illinois Taxes

Compare the total tax burden between New York (4% – 10.9%) and Illinois (4.95% flat). Enter your income to see which state saves you more.

Tax at Different Income Levels

IncomeNew York Total TaxIllinois Total TaxAnnual Savings
$75,000$16,939$16,619Save $320
$100,000$25,828$25,269Save $559
$150,000$44,396$43,187Save $1,209
$200,000$61,865$60,006Save $1,859

Based on single filer, standard deduction, 2025 tax year. Includes federal income tax, state income tax, and FICA.

Why the difference

You'd save $559/year ($47/month) in Illinois vs New York.

$559

Tax structure

New York uses progressive brackets up to 10.9%, while Illinois has a flat 5.0% state income tax.

$559

Effective rate at your income

At $100,000, Illinois's effective state rate is 4.2% vs 4.7% in New York — a 0.6 percentage point gap.

$0

New York local taxes

New York City residents pay an additional 3.1-3.9% city income tax on top of state tax.

Tip: If you work in NYC, the city income tax significantly increases your burden. Living outside the city (e.g., New Jersey, Connecticut, or Westchester) can save 3-4% on city tax, but commuter taxes and higher property taxes may partially offset the savings.

Tip: The flat 4.95% rate means your effective state tax rate is close to 4.95% regardless of income — no progressive bracket benefit. Property taxes in Cook County (Chicago) can exceed $6,000-$10,000 on a median-value home.

Understanding Each State

New York

New York's state income tax has progressive brackets reaching 10.9%. New York City residents pay an additional city income tax of 3.078-3.876%, making the combined state+city marginal rate up to 14.776% — the highest combined rate in the nation. The Yonkers surcharge adds another 16.75% of state tax for Yonkers residents.

Tip: If you work in NYC, the city income tax significantly increases your burden. Living outside the city (e.g., New Jersey, Connecticut, or Westchester) can save 3-4% on city tax, but commuter taxes and higher property taxes may partially offset the savings.

Illinois

Illinois has a flat income tax rate of 4.95% on all taxable income. While the rate is moderate compared to states like California or New York, Illinois's high property taxes (average ~2.08%, second-highest nationally) significantly increase the total tax burden, particularly for homeowners.

Tip: The flat 4.95% rate means your effective state tax rate is close to 4.95% regardless of income — no progressive bracket benefit. Property taxes in Cook County (Chicago) can exceed $6,000-$10,000 on a median-value home.

Key Comparison Points

Income tax structure: New York has a progressive income tax (4% – 10.9%), while Illinois has a flat income tax (4.95% flat).

Beyond income tax: State tax comparisons should also consider property tax rates, sales tax, and cost of living. A state with no income tax may have higher property or sales taxes that offset the savings.

SALT deduction cap: Under OBBBA (2025+), the federal SALT cap is $40,000, phasing out above $500,000 MAGI toward a $10,000 floor. This limits the federal tax benefit of living in a high-tax state, so the gross state tax difference remains close to the net difference for most earners — especially high earners inside the phaseout.

Frequently asked questions

Is it cheaper to live in New York or Illinois?

Based on income tax alone, Illinois has a lower tax burden. At $100K income, you'd save $559 annually in Illinois compared to New York. However, total cost of living also depends on property taxes, sales taxes, and housing costs.

How much would I save moving from New York to Illinois?

A single filer earning $100,000 would save approximately $559 per year in total taxes by living in Illinois instead of New York. At $150,000 income, the savings change to $1,209 per year.

What is the income tax rate in New York?

New York has a progressive income tax with rates of 4% – 10.9%.

What is the income tax rate in Illinois?

Illinois has a flat income tax with rates of 4.95% flat.

Sources

Related Calculators

Last updated April 23, 2026 Tax year 2025-26

Data sources: IRS (irs.gov), Social Security Administration

This tool is general information only, not financial advice.

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