Cost of Living in New York
Summary about cost of living in New York, NY, United States:
- Family of four estimated monthly costs are 4,988.53$ without rent (using our estimator).
- A single person estimated monthly costs are 1,356.22$ without rent.
- New York is 25.68% more expensive than Los Angeles (without rent, see our cost of living index).
- Rent in New York is, on average, 32.80% higher than in Los Angeles.
Restaurants |  Edit |
Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 100.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 9.00 $ | |
| Domestic Beer (1 pint draught) | 7.20 $ | |
| Imported Beer (12 oz small bottle) | 9.00 $ | |
| Cappuccino (regular) | 4.84 $ | |
| Coke/Pepsi (12 oz small bottle) | 2.13 $ | |
| Water (12 oz small bottle) | 1.82 $ | |
Markets | Edit |
|
| Milk (regular), (1 gallon) | 4.53 $ | |
| Loaf of Fresh White Bread (1 lb) | 3.57 $ | |
| Rice (white), (1 lb) | 2.44 $ | |
| Eggs (regular) (12) | 3.16 $ | |
| Local Cheese (1 lb) | 5.97 $ | |
| Chicken Fillets (1 lb) | 5.93 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.84 $ | |
| Apples (1 lb) | 2.63 $ | |
| Banana (1 lb) | 1.30 $ | |
| Oranges (1 lb) | 2.70 $ | |
| Tomato (1 lb) | 2.88 $ | |
| Potato (1 lb) | 1.96 $ | |
| Onion (1 lb) | 1.91 $ | |
| Lettuce (1 head) | 2.42 $ | |
| Water (1.5 liter bottle) | 2.18 $ | |
| Bottle of Wine (Mid-Range) | 15.00 $ | |
| Domestic Beer (0.5 liter bottle) | 3.12 $ | |
| Imported Beer (12 oz small bottle) | 3.18 $ | |
| Cigarettes 20 Pack (Marlboro) | 15.00 $ | |
Transportation | Edit |
|
| One-way Ticket (Local Transport) | 2.75 $ | |
| Monthly Pass (Regular Price) | 130.00 $ | |
| Taxi Start (Normal Tariff) | 3.80 $ | |
| Taxi 1 mile (Normal Tariff) | 3.00 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 30.00 $ | |
| Gasoline (1 gallon) | 2.89 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 23,000.00 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 21,364.12 $ | |
Utilities (Monthly) | Edit |
|
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 154.03 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.10 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 66.69 $ | |
Sports And Leisure | Edit |
|
| Fitness Club, Monthly Fee for 1 Adult | 112.00 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 38.62 $ | |
| Cinema, International Release, 1 Seat | 17.00 $ | |
Childcare | Edit |
|
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2,572.71 $ | |
| International Primary School, Yearly for 1 Child | 36,125.00 $ | |
Clothing And Shoes | Edit |
|
| 1 Pair of Jeans (Levis 501 Or Similar) | 62.57 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 47.52 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 92.02 $ | |
| 1 Pair of Men Leather Business Shoes | 134.60 $ | |
Rent Per Month | Edit |
|
| Apartment (1 bedroom) in City Centre | 3,050.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 2,035.12 $ | |
| Apartment (3 bedrooms) in City Centre | 6,327.67 $ | |
| Apartment (3 bedrooms) Outside of Centre | 3,473.12 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,410.07 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 714.52 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 6,507.68 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 3.55 |
Prices in New York, New York
This city had 2339 entries in the past 12 months by 424 different contributors.
Last update: July 2021
Last update: July 2021
Sources and References
Moving to New York, NY? Explore:
Nearby cities:| Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |
This page in other languages:
DeutschLebenshaltungskosten in New York
PortuguêsCusto de Vida Em Nova Iórque
ItalianoCosto della Vita in New York
FrançaisCoût de la Vie à New York
EspañolCosto de Vida en Nueva York
The City is kind of desolate now. Before the pandemic you needed $125k a year plus $50k bonus to live a decent single life. Now, you can do it just for the salary, kind of, without the bonus. The entertainment options are limited. Good luck to all.
Firstly I am from England. Another place where things are stupidly costly on the money we get. I am wanting to know from someone that isn’t going to bull **** me what to expect for a monthly cost of living in Manhattan.
I’m going to give you an example of my current circumstances and I want as many responses as possible to compare. Realistic ones mind you. I am not interested in sharing with some loud drunken hormonal idiots.
I live near Sheffield. That’s Yorkshire for them that don’t know. The centre of Britain. In 2008 the cost of a city centre apartment with hardly enough room to swing a cat - was about £625 rent for a 1 bedroom maybe 2. In 2020 it’s now £925. So I now live in a house.
Here unless you are from a rich family with good jobs life sucks. You have to work long hours and put up with a lot of rubbish!
Monthly costs:
Water £60
Child support £200
Council tax (not including income tax and national ins contribution)
£120
Rent £475
for a two bedroom is cheap normally it’s £700 for somewhere good.
£6 a week tv
£50 cable tv and internet
£20 month phone
£100 a month food if you don’t like eating a lot
£50 a month credit card
I have bad credit and no savings so I couldn’t get a mortgage.
If you earn a bit more then you can get a car. If you have a mummy and daddy they’ll pay for your car. They’ll get you started. Your £100 hang bag and make up and clothes. Whatever.
Here The average monthly wage is £1350
But they’ll claim it’s £2200 Your lucky if you get that.
Jobs are so hard to get because of the amount of applicants and I have 12 years experience and a degree!
That would be for a customer service, call centre, admin, business support, supervisory role. Sales.
You might make £2000 a month with overtime but you get taxes on this. They claim the average salary is £28000 a year maybe it is but you really have to work a lot and maybe you’ll get that if you a manger or tradesman.
Now compare that with yours. For my house worth £250k I can buy a house with a pool in America. For doing a customer service job in New York City (minus all the ridiculous costs on fashion you lot are into) I’d get £60-80k a year but need an American degree for that. A green card. A back up plan. I’d have to commit to long hours and we’ll if they don’t line you they can get rid.
You have no idea how lucky you are. No idea.
But your net pay is shocking.
Let’s say your in a £75000 a year job - which is a good job but you work long hours in New York for that and will probably have no life) spending hours commuting. Putting up with pollution, crime etc and high living costs.
But you’ve all the deductions. Tax etc
I’ve seen hundred of 1-2 bed apartments in a good area in one of your skyscrapers with a gym (rubbish one) and some innovative design - THats between £3000 and £6000 alone - but what they don’t tell you is how much from your net pay you lose before it hits ya bank!!!
I’ve seen apartments in worser areas for less but not much less.
I’ve seen pay slips online and they claim £75000 dollars - a year
Your net pay is £2,500 a month. Before rent!!! Is this true??
Regardless because I’m a writer I have to spend time over there after lockdown. If you guys ever follow the rules.
What can I expect?
Gemme a run down
Rent?
Bills?
Food?
Travel?
How much do you take home after deductions?
Be good to finally know the truth!
Cheers guys
If you are not built for the New York lifestyle, don't come here because this place will knock you away (lit).
While expensive, if you make over 150K a year, a family of two can have a comfortable life in downtown NY, otherwise you will have to commute for an hour+ from the Long Island side or from New Jersey, where I live.
However, the beauty of NY, opposite than any other country I have lived and worked in, is that it pays good salaries for educated folks. Companies pay a premium and also pay for your visa if you know how to play the game. So look at what high paying jobs are in need and in 4 years or less, you can move to Manhattan, although I would never want to live in Manhattan! You will develop psychological problems guaranteed!
If you are not built for the New York lifestyle, do yourself a favor and don't come here because this place will dismantle you.
Not sure why all data comes from our country are way off!!!!!
https://www.joinleaf.com/cities/new-york/
But now I don't like it very much because of these reasons:
1. So many old and ugly apartments and other buildings that many of them are in Manhattan (and very near to some of world's biggest attractions)
2. Weak urban architecture as the biggest urban area in the world
3. so many mice and beetles
4. little positive changes in the city like constructing suitable streets and highways for 21st century
5. constructing skyscrapers in small streets that really need to expand in width
6. high level of crime (in comparison with some big cities of the world)
7. No power against natural disasters like flood.
and etc
Is there anyone (specially from New York) who is not agree with me?
.
There is no chance at all that he lives well! Let me tell you how he actually lives:
-with 3-4 roommates, and probably a spouse, so that the rent is reduced by an additional 50% by splitting with him/her
-In a tiny apartment with roaches and thin walls, where you will never get peace and quiet with all your roommates and heating other neighbors day and night.
-In a dangerous neighborhood
-Never travels except for maybe drive to the next town over, but I doubt it as he probably could not afford the monthly gas and insurance costs.
-Almost never goes out to eat anywhere.
-Saves 1-2% of his check, not 25%. Maybe 0%. Lives paycheck to paycheck with almost no savings.
Guys, people making these kind of claims are downright dangerous, if someone really moved here with only $45 of actual spending money, even $60k, reading his post and thinking they will be fine and "live well" on that little of money, someone could easily become homeless and be in serious trouble. Do not be naive guys! On this type of money you will either barely scrape by, or literally run out of money.
New York can be expensive or can be cheap. It depends on your lifestyle.
I was making just $40k when I got my first job in 2014. Living with roommates, making your own food and planning the budget helps.
There are grocery stores which are on the lower cost end but provide a good choice.
It’s important to save up at least $150 a month for a rainy day (visits to ER, rent hikes, job loss).
Many people do alright with minimum wage jobs.
My current income is just $63k and I have an opportunity to travel, not worry about how much eating out will affect my ability to pay rent, buy some expensive things now and then, save up a quarter of my income for retirement and also save.
Most college graduates start with a salary of $50-60k and do well.
But ultimately, you can get more value for the same price if you decide not to move here.
$120K in New York is similar to $70K in Toronto, $90K in Boston based on my experience.