New York vs Wyoming Taxes
Compare the total tax burden between New York (4% – 10.9%) and Wyoming (no income tax). Enter your income to see which state saves you more.
Tax at Different Income Levels
| Income | New York Total Tax | Wyoming Total Tax | Annual Savings |
|---|---|---|---|
| $75,000 | $16,939 | $13,687 | Save $3,252 |
| $100,000 | $25,828 | $21,099 | Save $4,729 |
| $150,000 | $44,396 | $36,542 | Save $7,854 |
| $200,000 | $61,865 | $50,885 | Save $10,979 |
Based on single filer, standard deduction, 2025 tax year. Includes federal income tax, state income tax, and FICA.
Why the difference
You'd save $4,729/year ($394/month) in Wyoming vs New York.
Tax structure
New York uses progressive brackets up to 10.9%, while Wyoming has no state income tax.
Effective rate at your income
At $100,000, Wyoming's effective state rate is 0.0% vs 4.7% in New York — a 4.7 percentage point gap.
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: Wyoming combines no income tax with low property taxes and low sales taxes, creating one of the lightest overall tax burdens in the US. The sparse population and remote location are the primary trade-offs.
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.
Wyoming
Wyoming has no state income tax and no corporate income tax. The state benefits from mineral extraction revenue (oil, gas, coal), allowing it to maintain low tax rates across the board. Wyoming also has relatively low property taxes and a 4% state sales tax.
Tip: Wyoming combines no income tax with low property taxes and low sales taxes, creating one of the lightest overall tax burdens in the US. The sparse population and remote location are the primary trade-offs.
Key Comparison Points
Income tax structure: New York has a progressive income tax (4% – 10.9%), while Wyoming has no state income tax.
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 Wyoming?
Based on income tax alone, Wyoming has a lower tax burden. At $100K income, you'd save $4,729 annually in Wyoming 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 Wyoming?
A single filer earning $100,000 would save approximately $4,729 per year in total taxes by living in Wyoming instead of New York. At $150,000 income, the savings change to $7,854 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 Wyoming?
Wyoming has no state income tax.
Does Wyoming have income tax?
No, Wyoming does not levy a state income tax. Residents pay only federal income tax and FICA. However, Wyoming may have higher property taxes or sales taxes to compensate.