Depends on the state.<p>My aunt and uncle used to live in Bronxville, a suburb of NYC (it&#x27;s part of Eastchester, which is in turn part of Westchester... NY municipal areas are confusing). They moved out in 2003, in large part because they were paying $25k&#x2F;year in property taxes and they were both retired empty-nesters.<p>When they told this to me and my mom, we both thought it was insane. I was born in Texas, and my mom has lived in Texas since 1979. I&#x27;m not a homeowner myself (I rent a townhouse), but my mom is, and her property taxes in Dallas are around the same as what you paid in London.<p>This is one of the reasons I intend to stay in Texas for the rest of my life. Northern coastal cities are just completely insane in terms of expenses. New York is a wonderful place to visit, but I&#x27;d never live there.