NYC is an incredibly diverse city ; more so than just about anywhere else. And it’s that diversity has made the people here so special, so unique, so friendly, and so helpful. It’s a beautiful kaleidoscope of people and ideas which has made New Yorkers so open to others. New Yorkers are nicer than you think.
To live a comfortable and satisfying lifestyle in New York, even when you have roommates splitting the cost, a yearly income of $50,000 or more is ideal.
New York City may be number one in our hearts — but it doesn’t even crack the top 50 when it comes to quality of life. This is according to US News & World Report’s 2019 list of best places to live in America, which ranked the so-called “greatest city in the world” all the way down at 90th place out of 125 cities.
Almost everything in New York City is about 30% harder than it should be — but there are 8.5 million people who have chosen to make a life here. It is, in fact, possible to survive — and even thrive — among the slow walkers, the surly cab drivers, and the marauding rodents.
Here are 10 tips to help you cut costs and live cheap in NYC . Secure a no-fee or rent-stabilized apartment. Your current apartment might be market rate, or you may even be subletting temporarily. Say “No” to taxis. Think Free. Bring back the coupons. Booze it on the cheap . Trek. Thrift it. Forgo the land line and cable.
Here are just some of the pros and cons of working in New York City . Con: Lots of Competition. There are a lot of people in New York City . Pro : Lots of Opportunities. Con: Higher Cost of Living . Pro : Higher Salaries. Con: Transit Complications. Pro : Mobility. Con: Overstimulation. Pro : Great Networking / Social Scene.
“I definitely think you can live comfortably on a salary of $50,000, even in New York City ,” says Haskins. “It’s an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it’s totally doable.”
$80k is enough technically but it would be a far more comfortable situation to split a place 2 or 3 ways if hell bent on living in Manhattan. Wouldn’t leave you with a lot left over after paying a $2,000 rent bill plus all utilities on your own.
Yes, easily, but you would have to share an apartment, paying about $750 per month for a room in the outer boroughs and far out in them as well, but at $30,000 your taxes would be low and you might still have $1,000 or so a month left for other expenses.
Tribeca, a trendy neighborhood in downtown Manhattan , is home to New York City’s richest ZIP code, where the average income of residents is $879,000, Bloomberg reported. It’s the fifth-richest ZIP code in the US, according to Bloomberg’s ranking. Tribeca is “the epitome of downtown cool,” according to StreetEasy.
Life, in general, is tricky. But life in New York City can be absolutely terrifying, stressful , and overwhelming — and that’s only the first week you’re there. Most people can pack their bags, get a new job, and succeed in just about any city in America with some grit and determination.
11 Cons of Living in New York City High Rents and Property Costs. The cost of buying real estate is prohibitive to most people, and rent prices are astronomical. Expensive Living Costs. It is an expensive place to live in other ways, too. Fast-Paced. Employment. Traffic. The Weather. Attitude. Familiarity Fatigue.
It isn’t enough to simply move to a new city without any money . You need a plan in place for how you ‘re going to thrive when you get there. As I prepared to move to New York I thought long and hard about what it was going to take to make a new life in a new place…with no money .
Moving to New York is totally worth it . Sure, it might feel scary at times. You will have to work hard, to put up with its traffic jams, long working hours, small size apartments, high rent prices, high cost of living compared to other parts of the country, and so on. But in the end, it is always worth it .