Cost of living in New York: new figures
The well-known company LivingCost has published new figures that relate to the main expenses of New Yorkers. In New York, the cost of living index is 168.6 (US=100), which is 68.6% more than the national average.
-The cost of living for a family of 4 people in New York is about $105-110 thousand dollars per year.
-The minimum wage in New York is $13.20 per hour (this is by state, since the city itself has a minimum wage of $15 per hour). The average salary in New York is $5100 (after taxes).
-According to statistics in the LivingCost database, in New York City, one adult spends $633 per month on food, $234 on transportation, and an average of $250 on utility bills.
-Rent for a 1-room apartment is about $1523 (not in the center) and $2146 (in the city center). To live comfortably in New York, you will need approximately $2800.
Author Denis Cheredov
