New York continues to rank as one of the states with the highest cost burden for housing, according to a report released Wednesday by state Comptroller Tom DiNapoli.

The report found almost 3 million New York households are dealing with housing costs that consume more than 30% of their household income, with one in five households experiencing a housing cost of more than 50% of their income.

“For too many New Yorkers, finding and keeping an adequate and affordable place to live has become more and more difficult,” DiNapoli said in a statement. “Rising costs are stretching household budgets and forcing trade-offs with other essentials, like food and health care. The consequences of housing insecurity are wide-ranging and while low-income renters are the most cost-burdened, these financial pressures are increasingly felt by middle class households. Action is needed by all levels of government.”

The report also found that New York's new housing units rate of 5.7% added between 2012 and 2022 was far below other states and ranked 32nd in the nation, and that monthly housing costs grew more rapidly for renters than for homeowners over that same period of time.

Other findings were that significant racial disparities exist among households suffering from housing insecurity, housing insecurity among seniors exceeds the national average and New York’s rate of homelessness was the highest in the nation.

Regionally, the state comptroller found that housing cost burdens are highest in New York City. More than one-third of households in the Mid-Hudson and Long Island regions are cost-burdened, where aggregate burdens range from 24% in the North Country and Mohawk Valley to 27% in the Finger Lakes.

DiNapoli's report comes as Gov. Kathy Hochul is trying to accomplish housing goals with the state Legislature in the state budget, including creating up to 15,000 new housing units on state-owned properties, making more localities eligible to apply to become a "Pro-Housing Community," or municipality that receives priority for funding to build new units, and allowing New York City to offer a tax abatement to construct new rental units in wake of the expiration of the 421-a program.