Cost of Living in New York

Summary about cost of living in New York:

Restaurants [ Edit ] Range
Meal, Inexpensive Restaurant 156.91 HK$ 117.68-196.14
Meal for 2 People, Mid-range Restaurant, Three-course 627.64 HK$ 431.50-863.01
McMeal at McDonalds (or Equivalent Combo Meal) 70.61 HK$ 54.92-78.46
Domestic Beer (1 pint draught) 54.92 HK$ 39.23-70.61
Imported Beer (12 oz small bottle) 62.76 HK$ 54.92-78.46
Cappuccino (regular) 35.54 HK$ 30.60-42.76
Coke/Pepsi (12 oz small bottle) 15.31 HK$ 11.77-23.54
Water (12 oz small bottle) 13.29 HK$ 7.85-19.61
Markets [ Edit ]
Milk (regular), (1 gallon) 33.68 HK$ 27.46-40.72
Loaf of Fresh White Bread (1 lb) 26.96 HK$ 19.54-31.38
Rice (white), (1 lb) 21.48 HK$ 10.20-31.38
Eggs (regular) (12) 27.94 HK$ 17.26-39.15
Local Cheese (1 lb) 54.29 HK$ 23.54-101.91
Chicken Breasts (Boneless, Skinless), (1 lb) 46.24 HK$ 23.54-70.61
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 51.95 HK$ 39.23-70.61
Apples (1 lb) 21.32 HK$ 11.77-31.38
Banana (1 lb) 7.93 HK$ 4.71-15.69
Oranges (1 lb) 21.33 HK$ 10.68-31.38
Tomato (1 lb) 21.50 HK$ 10.68-31.38
Potato (1 lb) 14.07 HK$ 7.85-23.54
Onion (1 lb) 11.90 HK$ 7.77-15.69
Lettuce (1 head) 17.34 HK$ 11.77-31.38
Water (1.5 liter bottle) 17.84 HK$ 11.77-23.54
Bottle of Wine (Mid-Range) 117.68 HK$ 78.46-156.91
Domestic Beer (0.5 liter bottle) 17.56 HK$ 11.21-23.54
Imported Beer (12 oz small bottle) 22.39 HK$ 11.77-31.38
Cigarettes 20 Pack (Marlboro) 109.84 HK$ 101.99-118.00
Transportation [ Edit ]
One-way Ticket (Local Transport) 21.58 HK$ 21.58-21.58
Monthly Pass (Regular Price) 996.38 HK$ 949.31-1,019.92
Taxi Start (Normal Tariff) 20.40 HK$ 19.61-29.42
Taxi 1 mile (Normal Tariff) 21.18 HK$ 19.61-39.23
Taxi 1hour Waiting (Normal Tariff) 235.37 HK$ 188.29-313.82
Gasoline (1 gallon) 23.49 HK$ 21.42-28.95
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 171,307.37 HK$ 142,788.83-219,675.12
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 160,214.40 HK$ 141,219.72-196,138.50
Utilities (Monthly) [ Edit ]
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 1,026.40 HK$ 555.73-1,667.18
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.73 HK$ 0.16-1.57
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 498.64 HK$ 353.05-706.10
Sports And Leisure [ Edit ]
Fitness Club, Monthly Fee for 1 Adult 572.15 HK$ 196.14-1,176.83
Tennis Court Rent (1 Hour on Weekend) 258.90 HK$ 141.22-470.73
Cinema, International Release, 1 Seat 125.53 HK$ 117.68-141.22
Childcare [ Edit ]
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 18,013.03 HK$ 9,806.93-27,459.39
International Primary School, Yearly for 1 Child 302,053.29 HK$ 235,366.20-392,277.00
Clothing And Shoes [ Edit ]
1 Pair of Jeans (Levis 501 Or Similar) 426.71 HK$ 313.82-627.64
1 Summer Dress in a Chain Store (Zara, H&M, ...) 303.60 HK$ 196.14-470.73
1 Pair of Nike Running Shoes (Mid-Range) 672.30 HK$ 470.73-941.46
1 Pair of Men Leather Business Shoes 979.86 HK$ 588.42-1,647.56
Rent Per Month [ Edit ]
Apartment (1 bedroom) in City Centre 24,403.08 HK$ 18,044.74-31,382.16
Apartment (1 bedroom) Outside of Centre 15,889.75 HK$ 11,768.31-19,613.85
Apartment (3 bedrooms) in City Centre 50,900.03 HK$ 32,951.27-70,609.86
Apartment (3 bedrooms) Outside of Centre 29,072.91 HK$ 19,613.85-39,227.70
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 10,406.94 HK$ 7,688.57-15,690.95
Price per Square Feet to Buy Apartment Outside of Centre 4,665.73 HK$ 2,688.22-8,630.02
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 38,616.97 HK$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.19 27.46-35.30

Prices in New York, New York

These data are based on 3137 entries in the past 18 months from 510 different contributors.
Last update: October 2019
Sources and References: Info
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32 Comments so far

#NYC BAD on Oct 10, 2019 :
Don't listen to this NoPanic guy below, he says he lives comfortable on $63k a year? And that he can afford to travel, go out to eat, and "live well", even after he sets aside 25% of his income?! LOL. He LIES, there is no way he lives like that on this kind of income! With $63k a year, and saving 25% means he lives on just a little over $45k a year. NYC is one of the most expensive cities in the entire world, don't believe his post guys!

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.
#NYC BAD on Oct 10, 2019 :
Don't move here guys! It's ludicrously expensive, and the police will throw you in jail for anything they feel like. Even $100k you will love badly, and in a poor neighborhood, with roommates!
#Anonymous on Oct 24, 2018 :
you people in the white in washinton dc you not your job where cost of living is cancern. the minium wage is no good you call your self super power it does not means 10 million men with high power advanve wepon it means every body lives kings and queens.
#Adel on Aug 31, 2018 :
Hi. I just recently won greencard and so, I want to move to the USA which I have never planned before. I have 6 years of work experience, started as an audit intern in BIG 4 and after a year shifted to an international oil and gas company as an accounting/ control/ reporting analyst. I dont know whether I can find a job in a reasonably paid company without CPA qualification (I have US GAAP experience in my current role though). I cannot decide on state selection, where I can find that job and live my life without budget stress etc. I’m also planning to have master after some time, but I dont know whether I have to consider it when deciding on location. I’m open to any advice, at least some guidance to start and consider. Thank you all for your help!
#No panic on Jul 11, 2018 :
A little positivity here for everyone who is freaking out:
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.
#NYC on Apr 16, 2018 :
Salary $120K in New York means shit. After all the taxes, you net about $77K which is 6500 / month. A shitty 100 yrs old crumbling concrete apartment is at least $3000 a month then you live with bed bugs, cockroaches, etc. A livable condo for a normal human being costs $5,000+ a month. So even if you make $120K, you end up with only 1500 disposable income, which you can barely make a living with per month. So basically you save almost nothing with $120K income. You will never EVER be able to buy your own home in New York with that kind of income. Your salary is higher in New York, but so is everyone, so it doesn't mean shit. It will sharply drop if you move to TX

$120K in New York is similar to $70K in Toronto, $90K in Boston based on my experience.
#Ron on Mar 25, 2018 :
how much is salary tax if I earn $3000 month?
#Sam on Mar 01, 2018 :
I lived in NY for 14 months having been seconded from our London office. I work in finance specifically M&A. Wow is NY costly. Rent is so high and (good) food so expensive that I transferred back home.
#Ana on Nov 28, 2017 :
Come to Qatar, you will mint money and visit new york like a boss.
#Mark Brittain on Jul 23, 2017 :
I highly recommend the Riverdale section of the Bronx. It is very safe, feels more suburban, has tons of parks! I left DC because I found the people too conformist, and the cost of living had skyrocketed from when I moved there from Manhattan in 1995. I paid almost 2K for my Siver Spring, Maryland apartment which had a pool and a parking garage, bought a 1 bedroom in Riverdale for $158K in Sept 2012. I had enough of being a renter!! When I want some city I hop on the Express Bus and go to Manhattan or take the 1 train from the 231 st station. I'm 67 and don't want to be in the middle of the craziness anymore! Riverdale is not as affordable as it was in 2012, but it is still a huge bargain compared to Manhattan. Also I kept my car, and leave it safely parked on the street, for free!
#Dennis on Jul 10, 2017 :
Listen, the reason why a lot of people get by here in NY on a 40 to 50K salary, is because they live with roommates. A 2500 dollar 3 bedroom apt split 3 ways is a lot cheaper to afford. The majority of people that survive live with either roommates or rent in not so great neighborhoods, obviously the rent will be cheaper in that situation. I must admit it is very expensive here in NY, the taxes and rent are the 2 biggest killers. Oh and don't think about getting a car, the insurance is high as hell too and parking sucks so you will have to rent a garage.A lot of New Yorkers live paycheck to paycheck. So every weekend the lounges, bars restaurants are all packed. I must admit, with all the expenses, it is the greatest place to live.
#Yankee on Jul 06, 2017 :
@Makesh Free acommodation can be ok, but it can also be crap. But even with paying for accomodation, 10000 bucks a month should be more than enough for a comfortable living as a single person.
#Mahesh on Jun 30, 2017 :
I got an opportunity to work in NYc as a facility manager with a pay of $10000/month and free accommodation. Wil it be liable. Plz suggest.
#Hazrul on Jun 14, 2017 :
Erm.i wonder if could stay there,where can i find a job as a kitchen i am asian and really wanted to stay in nyc for start a new life,hope you guys know what i mean it and help me.
#RodrigoTaddei on Jun 07, 2017 :
Hi guys.

I received an offer to relocate to NYC, I'm an experienced Supervisor and Estimator as a Technical Designer in Building Facades (8 years, some of them in Dubai for very big Real Estate customers).

What is approx. the minimum salary I should ask to live a middle-class life in NYC to be able to save a good amount of money (I'm single with no kids)?
Is it normal to ask benefits from the company other than the salary, like medical insurance?
How much it could cost a medical insurance?

Thanks in advance!
#Ahmed on Apr 17, 2017 :
I lived in NY my whole life but 3 years ago I loved bc it was soo fucking expensive. I'm trying to move back. It's the greatest place on earth and I got all my family there.
#ty on Mar 26, 2017 :
hi i would like to know the pop and how much pop in new york city have access to clean water.

thank you
#susanne siegmund on Mar 06, 2017 :
$10 an hour is enough, but you have to rent a room with shared bathroom in some of the further parts of bronx, brooklyn. you would have to also cook all your meals. no eating out. renting in the outer boros dont usually require credit checks, although they will take a copy of your passport. manhatan apts will run credit checks on you. well if you are indian, dont go to nyc, go to edison nj. it's a suburb of nyc and thats where all the indians go.
#Abhishek S Bhat on Dec 21, 2016 :
Damn! You know what? Come off to Bangalore, India. Here you get a very good flat of 1600 sqft for rent at 450$ a month(The decent ones start at 220$ for a 700 sqft ). A dream one for 700$. Groceries in abundance for a family of 6 for 120$. Monthly electricity bill between 12-20$.Local transportation pass (by bus) is 20$ for a month and a special 100$ a year. 45$ a month and 220$ for a luxury bus.You can buy yourself a Volkswagen Jetta in the range of 27500$ to 40,000$ You can afford in plenty to eat outside as a full lunch in a top restaurant will cost you 6$ while most basic hotels cost 1$ for the same quantity of food which costs 20$ in New York. The shirt of a big brand for 30$, a classic suit for 175$, a shoe for 35$. The gas is expensive here, 4.1$ per gallon. Electronics are considerably more expensive in India, around 70%. A very good bike for 100$ and a Kawasaki Ninja 300 for 7000$ (ON ROAD PRICE). Cabs cost 2$ for 3 miles. Excellent public transportation connections here. A new much hyped movie costs 5$ a ticket in PVR Cinemas. To conclude, you can have a rich man/woman here if you can take home 1500$ a month which is approximately a hundred and two thousand Indian Rupees.Stop wasting time thinking and pack up. last but not the least, Bangalore is among the most expensive cities in India.
#Ivana on Nov 19, 2016 :
For those of you commenting you want to come to New York please visit but don't stay. It is definitely not what you think New York has beautiful points but living here the stress will give you a heart attack. I have been in New York 11 years and I am thinking of moving away since it's so expensive. The thing about New York is their are tricks to the trade of living here because living here is work in itself. It is not a game their is someone aways waiting to take your apartment if you don't want it, majority of the time it's like this. The landlords are always pressuring you to leave in sneaky ways unless you have a connection through someone else who knows them and can vouch that your a great person. Or you know the housing courts system. The man who wrote this article god bless him because many of you think this is article is bull shit and sadly its not this is seriously how we live unless you make above 90,000 a year you are not in comfort. You need to come here speaking many languages and get a coding experience and technology experience. I'm currently learning coding now due to the fact I need to truly compete to make a living every hour of my life here. Those of you who think your going to come here making less than 90,000.00. Please Please make your lives easier and go move to another state if you want to live in America do years of research because each state has its drawbacks. So far I've picked Kansas as a state I would love to move to. My income is currently less than 20,000.00 income would provide a lot more to me in Kansas than it would here in New York City. I'm stuck here because I cannot leave and I am so accustomed to my lifestyle and the proximity of everything that is really close to me. One true thing is the gentrification happens every 5-7 years so before you can even complete a ten year census you already have lost your apartment due to some of the sketchy business that goes on with the sneaky landlords. My close relative a sister of mine had a landlord that did not want to confront her about trying to evict her from her apartment. So he took an eviction notice and placed it in her apartment while she was away under her fridge on the floor hoping she wouldn't see it. My relative has a compulsive disorder and has a very cleanly home This was how we were raised as children. She found it less than a day later and went to the courts to over turn the unwarranted eviction. If you don't check your mail daily it can hurt you, keeping a clean place helps, because living in New York is like running a business you must do daily inspection everyday to make sure your business is safe from those who want to destroy it hourly. If not you are doomed. Then usually if you really did truly have to go into the shelter due to loss of a home or apartment, while in the shelter system you will get relocated to another part of the city for a year or more further than what your commonly used to. This year is going to be the toughest year of your life. The worst thing about New York is making money once you have some they place another bill on your shoulders, so the higher your wages you earn the higher your bills. If you have children make the trip New York cares for families but if your single stay away. I truly don't make that much and when I pay taxes and or get a paycheck 200-400 is removed automatically without a blink or a flinch yet I worked all those hours only to get 60 percent of what I earn. Not even 75 percent of what I make U earn please please reconsider coming here. Do not come here with drug habits because these are expensive and will ruin you in this city the same with an alcohol habit. If you are not at the top of your game and you have drama don't come here the city has enough drama and it will suffocate you. We are at the highest rate of homelessness and highest rate of children starving without food please do better for your families. These two reasons why are why I won't have a child here in the city. Bad enough the person I am with may not even be able to do for himself to survive but how can both of us take care of a child when we can't even truly relax to be apart of this child's life because we work so hard to make sure it eats.
#Ashutosh on Jul 19, 2016 :
I find Big Metros like Mumbai in India very very expensive w.r.t New york City. The reason is that author has simply given data according to the cost and not effective cost by completely ignoring the interest rate.
Just for example the author has got data cost of apartment but ignored mortgage interest rate which is very low in the US(less than 4 percent) w.r.t. India(10 percent) at the moment. So, the author should calculate effective cost of apartment. Along with this, the author should consider the hidden cost in the form of black money which exits in countries like india.
#CoCo on May 30, 2016 :
Why is New York so damn expensive??? It's because of gentrification and the influx of financial money people who have made hundreds of millions and in many cases billions out of the banking and financial markets..

The super rich have distorted the real estate market and caused residential and commercial property prices and rents to sour.

If you are only making basic money then the best way to save and get ahead is to co-dwell in an apartment.. accept you'll have little privacy and just use your home for sleeping and showering.

Learn computer coding and study business or the share commodities markets and get your skills right up so that you may have a chance of pulling yourself up out of the financial underclass and into the comfort zone of money and independence.

Develop hit selling Apps for the iPhone/iPad

Write and produce hit songs on your MackBook Pro and give Max Martin a run for his money..

Become a skilled day trader ... just don't lose the shirt off your back...

(I haven't done it but I think that's a worthwhile approach to take..)
#Cuka Blqt on May 12, 2016 :
I live in East Europe and here you can live like a boss with 10k $ per year :D
#Razvan Nemesu on Mar 30, 2016 :
Wow. I kindly recommand you to come and live in Bucharest ( Romania, Europe ) :). New York seems to be an American Dream, but it's so expensive . In Bucharest you can live extremly well with just 10-12k/ year. The rent is 2-300$ for an apartment in the center of town and the costs of living are very small :D.
I was tempted to come in New York, but after the comments and the prices i've seen, maby it's wiser to stay here :))
#Monika on Feb 14, 2016 :
I moved to NY two years ago, I had so many expectations for the city, but I was disappointed. Here is why, realistically:
1. The streets are very dirty and the roads are in bad condition
2. There is a huge number of homeless people on the streets
3. There are parts of the city in which you risk your life if you go ( never go alone in a park)
4. The only way to get a job is through connections, since it is so competitive
5. At the stores they try to trick you if you mention that you are a foreigner
6. The cost of living is too high ( for a family of 4 you spend around $3,000 a month only on groceries and transportation, no bills and no rent included)
7. Since I have lived in Europe previously, the life quality here is 100 times poorer, with no time for relaxing, only Work-Home, Work-Home. No time to even see your family.
8.There is a triple tax on income : Federal, state and city tax plus SS insurance and Medicare. So if you make $1,200 a week, you are left with approx $750.
#CC on Feb 11, 2016 :
I live in NYC and made $81K. I'm single with no kids, and I barely make ends meet. I live in South Brooklyn with $1350/month for rent (2 bd apt). Electric bill varies according to the time of year. In the summer it's around $200. In the winter it's around $70. My internet is $60/month. No cable. Gas is around $15/month. Landlord pays heat and hot water (most do). Unlimited metro card is $116/month. After all these expenses, plus health insurance and minimal 401K contributions, and groceries, I have maybe $200 disposable income. I don't know how people survive here with a $45K-$50K salary.
#Cow on Jan 23, 2016 :
Hi. My friend, boyfriend, and I were considering a move to New York. The colleges that we want to attend are both in Manhattan- PACE University and NYU. Is there a way to cover our expenses (excluding tuition)?
#Anonymous on Jan 07, 2016 :
this told me a lot and will really help me when I finally get to move to ny and with my avid homework
#L.Miller on Nov 17, 2015 :
Apartment rent ranges 1000-1250 (1bedroom)
1300-1400 (2bd) depending the area
food shopping 200-350 bi-week (2-3 people)
electricity 70-120 depending the season
car insurance 200-350 depending the car/ insurance
cable 80-250 depending your plan
gas 40-90 per week depending vehicle and use
metrocard 2.75 per ride
all expenses will vary according to your preference and family size.
income should be 30-45k ( no children)
income 45-60k (1-2 children)
#Earl Jackson on Nov 05, 2015 :
i have a few things to say a lot of people here says its cheap correct? unfrontanuly there a lot a people that cant afford rent that high as well and there no affordable housing for the pepole that has been born here. people that do come into nyc take up all the resources we have as well.the only reason yall saying its cheap because yall could afford it and others cant. everyone situation is diffrent. i think new york is trying to make it were only rich pepole live here and its clearly unfair for other pepole that was born here and have to leave there families and friends as well. i lived here for 32 years nyc is horrible now back in my day it wasnt like this the pepole here are rude no manners think about themselves. everyone is messed up here you cant trust no one all dat stuff its horrible.the mayor sucks too as well bill or whatever his name is is not helping. im not only speaking for me im also speaking for the people who struggle with this stae with unrealistic prices.
#Anonymous on Oct 13, 2015 :
Hello, I got a job in New york. But before coming to new york Can any one tell me minimum monthly expense required to live. Including food and accommodation
#Living here on Oct 11, 2015 :
Been here for years. The city is expensive but you don't have the cost to commute. Anyone looking to move to NYC would be better served by selecting a suburb or another part of the country. You'll need to make 3 times as much money to live a modest life here vs anywhere else.