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Summary of cost of living in New York, NY, United States:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 44.68 NZ$ | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 259.16 NZ$ | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 25.02 NZ$ | |
| Domestic Draft Beer (1 Pint) | 14.30 NZ$ | |
| Imported Beer (12 oz Small Bottle) | 17.87 NZ$ | |
| Cappuccino (Regular Size) | 10.22 NZ$ | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 5.68 NZ$ | |
| Bottled Water (12 oz) | 4.55 NZ$ | |
Markets | |
|
| Milk (Regular, 1 Liter) | 2.76 NZ$ | |
| Fresh White Bread (1 lb Loaf) | 7.80 NZ$ | |
| White Rice (1 lb) | 6.63 NZ$ | |
| Eggs (12, Large Size) | 12.76 NZ$ | |
| Local Cheese (1 lb) | 14.42 NZ$ | |
| Chicken Fillets (1 lb) | 12.71 NZ$ | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 16.65 NZ$ | |
| Apples (1 lb) | 5.93 NZ$ | |
| Bananas (1 lb) | 1.99 NZ$ | |
| Oranges (1 lb) | 4.67 NZ$ | |
| Tomatoes (1 lb) | 4.84 NZ$ | |
| Potatoes (1 lb) | 3.03 NZ$ | |
| Onions (1 lb) | 3.00 NZ$ | |
| Lettuce (1 Head) | 5.58 NZ$ | |
| Bottled Water (50 oz) | 4.51 NZ$ | |
| Bottle of Wine (Mid-Range) | 32.17 NZ$ | |
| Domestic Beer (16.9 oz Bottle) | 6.43 NZ$ | |
| Imported Beer (12 oz Small Bottle) | 7.42 NZ$ | |
| Cigarettes (Pack of 20, Marlboro) | 35.75 NZ$ | |
Transportation | |
|
| One-Way Ticket (Local Transport) | 5.18 NZ$ | |
| Monthly Public Transport Pass (Regular Price) | 237.71 NZ$ | |
| Taxi Start (Standard Tariff) | 8.94 NZ$ | |
| Taxi 1 mile (Standard Tariff) | 6.26 NZ$ | |
| Taxi 1 Hour Waiting (Standard Tariff) | 75.07 NZ$ | |
| Gasoline (1 Liter) | 1.63 NZ$ | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 64,959.05 NZ$ | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 49,058.59 NZ$ | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 341.41 NZ$ | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 108.63 NZ$ | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 116.73 NZ$ | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | 231.54 NZ$ | |
| Tennis Court Rental (1 Hour, Weekend) | 104.26 NZ$ | |
| Cinema Ticket (International Release) | 39.32 NZ$ | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 6,017.26 NZ$ | |
| International Primary School, Annual Tuition per Child | 104,174.35 NZ$ | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | 119.15 NZ$ | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 94.43 NZ$ | |
| Nike Running Shoes (Mid-Range) | 209.20 NZ$ | |
| Men's Leather Business Shoes | 291.55 NZ$ | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | 7,404.55 NZ$ | |
| 1 Bedroom Apartment Outside of City Centre | 4,405.71 NZ$ | |
| 3 Bedroom Apartment in City Centre | 14,205.01 NZ$ | |
| 3 Bedroom Apartment Outside of City Centre | 8,840.01 NZ$ | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,674.07 NZ$ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,839.11 NZ$ | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | 10,311.33 NZ$ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.44 |
Sources and References
| 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 Glen Cove, New York | 30.15 miles |
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The reality is that New York has an *extremely* low crime rate for a large US city. One of the very lowest, and anyone telling you otherwise is a liar.
Don't fall for it. To stay on topic, New York *is* massively unaffordable. For Manhattan, I would say these numbers are representative, but I live in Queens, make $165k and only spend $55k a year, $1425/mo on market rate rent. That includes 2 luxurious international vacations/y and restaurant meals 3x a week.
I would stay out of Manhattan to get lower costs. If you do, it is extremely easy to make it on $100k pre-tax. Below 90th street or so, $130k is a good salary that will allow you comfort, and you could hack it on $90k with some roommates pretty easily.
Rent in New York is, on average, 261.0% higher than in Tokyo.
Thanks for posting this !
Good to know these things :
https://www.youtube.com/@CashJordan/videos
But the level of crime alone is a reason to consider if moving to NY is worth it.
Cash Jordan shows you exactly what it looks like now living in New York :
https://www.youtube.com/@CashJordan/videos
Putin's rubbish, leave your propaganda for cattle from beyond the Urals and go to the trenches to die as soon as possible
what is the minimum wage in NY??
i read it is 13 dollars and 20 cents an hour.
so how much is that YEARLY?
https://www.jdsupra.com/legalnews/new-york-minimum-wage-and-salary-7981936/#:~:text=Workers%20in%20New%20York%20City%20employed%20by%20businesses%20with%2010,hour%20(up%20from%20%2414.00).
the average yearly salary for new yorkers is 35,000 per year. yes, thats HALF of what that college graduate makes at 64k.
so if the average salary for people statistically is 35k a year, then there are TONS of people living in new york with a home.
If the job offer is less than $6,000 NET after tax, don't come here.
The stress and pace of life alone are guaranteed to kill you, let alone the cost of living and inflation.
I see dog moms in their mid twenties looking like 40 year olds walking the streets of NY like zombies. It's tough, it's depressing, it's lonely, it's very expensive and it will consume you slowly. You've been warned.
On a side note, yesterday I was at a Turkish coffee shop here in the backwards of Queens. I bought a small regular coffee and a Turkish delight piece the size of an airpod case cut into 4 little pieces and paid 10 USD TOTAL plus tip. The coffee shop is on Queens Boulevard, arguably the shittiest boulevard in Northern America.
I sat on the sidewalk and stared at my order and I was like Poor America, it could've saved itself, but chose not to.
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.