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N.Y.C. so costly you need to earn six figures to make middle class
Daily News ^ | 2/6/09 | Elizabeth Hays

Posted on 02/06/2009 4:12:32 PM PST by thefactor

More than $2,000 a month for day care. Some of the highest phone bills in the country. Jam-packed, 50-plus-minute commutes to work.

You knew it was tough to live in New York City — but this tough?

A new report shows just how ugly — and expensive — New York City can be, especially for the middle class, squeezed by skyrocketing living costs and stagnant wages.

The study, released Thursday by the Center for an Urban Future, shows that New York City is hands-down the most expensive place to live in the country.

Among the findings:

A New Yorker would have to make $123,322 a year to have the same standard of living as someone making $50,000 in Houston.

In Manhattan, a $60,000 salary is equivalent to someone making $26,092 in Atlanta.

You knew it was expensive to live in Manhattan, but Queens? The report tagged Queens the fifth most expensive urban area in the country.

The average monthly rent in New York is $2,801, 53% higher than San Francisco, the second most expensive city in the country.

(Excerpt) Read more at nydailynews.com ...


TOPICS: Culture/Society; News/Current Events; US: New York
KEYWORDS: 000; 100; bloombergsnewyork; newyorkcity
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ugh. why do i stay? good thing i love my job.
1 posted on 02/06/2009 4:12:32 PM PST by thefactor
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To: thefactor

It really depends.

As a single guy who owns his Manhattan apartment, I don’t find conditions that onerous, and the pay is still high.


2 posted on 02/06/2009 4:16:44 PM PST by proxy_user
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To: thefactor

There’s not enough $$$ in the world for me to live in NY.

Or Boston.

Or San Fran.


3 posted on 02/06/2009 4:17:05 PM PST by adm5 (YOU CANNOT FIX CAPITALISM WITH SOCIALISM! -Glenn Beck)
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To: adm5

You go live in the apartments on Avenue Z and West 2nd street in Brooklyn. Can get a studio there for about 350 a month after you pay off the super.


4 posted on 02/06/2009 4:19:06 PM PST by EQAndyBuzz ("Control the information, you control the people.")
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To: adm5

New York, New York, a town with such a high price you had to name it twice


5 posted on 02/06/2009 4:20:20 PM PST by shadeaud (Time to smell the roses and not the stench coming from D .C.)
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To: thefactor

In one fell swooop, Obama made the ‘wealthy” middle class in NYC.

I bet they regret that vote.


6 posted on 02/06/2009 4:21:48 PM PST by autumnraine
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To: thefactor

Connecticut is nice... I graduated from Ridgefield High School near Danbury.


7 posted on 02/06/2009 4:22:06 PM PST by nyconse
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To: adm5

New York is a great city...those who don’t have six figure salaries live in the Bronx, Brooklyn or Staten Island.


8 posted on 02/06/2009 4:22:57 PM PST by nyconse
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To: thefactor

I like our rural life. Well and septic have perks, like, no bills or added taxes.


9 posted on 02/06/2009 4:23:56 PM PST by Indy Pendance (It's a beautiful thing to see him implode!)
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To: thefactor

It takes 60k in Manhattan to equal 26k in Atlanta.

The family making 26k will pay zero federal income tax and get an earned income credit windfall. The family making 60k gets to pay taxes.

Why do people in NY support liberals so much, when taxes are so punative to them?


10 posted on 02/06/2009 4:25:27 PM PST by lacrew (Obama and cabinet: Fool and the Gang)
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To: adm5
I'd pay six figs to NOT live in NYC, Boston, or (ugh) SF.

.

11 posted on 02/06/2009 4:28:50 PM PST by Seaplaner (Never give in. Never give in. Never...except to convictions of honour and good sense. W. Churchill)
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To: thefactor

Man the Barracades and keep em up there.


12 posted on 02/06/2009 4:29:04 PM PST by screaminsunshine (f)
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To: Indy Pendance

Septic systems have bills...if you pump them, remember?

Erma Bombeck said that grass grows greener over the septic tank.


13 posted on 02/06/2009 4:30:33 PM PST by pointsal
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To: thefactor

IF you can ignore the politics, there is no place in the world like New York. I couldn’t live anywhere else.

I know many of you will think I’m crazy, since I’m a pro-life conservative (I guess it depends on your frame of reference) but, for a lifelong NYer, it is a fact of life.


14 posted on 02/06/2009 4:38:20 PM PST by StatenIsland
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To: lacrew

Because they are blinded to ‘cause’ and ‘effect’ like most Westerners.


15 posted on 02/06/2009 4:46:34 PM PST by deadrock
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To: StatenIsland

I “get” it ...was born and lived there as a young adult ... there really is no place like it, for all its problems. Couldn’t live there now, tho. IF I were to return to NYC for any reason, I’d be joining you on SI as the least hostile of the boroughs to conservatives.


16 posted on 02/06/2009 5:07:39 PM PST by EDINVA
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To: thefactor

Great place to visit...


17 posted on 02/06/2009 5:16:50 PM PST by VoiceOfBruck (There's no such thing as "some" freedom of speech)
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To: thefactor

...there’s a reason that I live in Houston.

I wanted to have a family.


18 posted on 02/06/2009 5:24:13 PM PST by BobL
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To: thefactor

I grew up in River Edge in northern NJ.

I used to love NYC. Unfortunately, not any more.


19 posted on 02/06/2009 5:45:35 PM PST by upchuck (Get ready for 2009: Pray; Raise/conserve cash; Pay your debts; Pray; Stockpile; Buy ammo; Pray)
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To: VoiceOfBruck

Well...maybe not.
I visited NYC for the first time a couple years ago. The mission was to see a game at Yankee Stadium before its demise.
Couldn’t wait to get OUTTA there. It’s the graffiti capital of the world, way too expensive, smells bad, and full of rude people.
The highlight of my visit was that Jason Kendall (A’s catcher) hit a rare home run.


20 posted on 02/06/2009 5:48:27 PM PST by 2nd Bn, 11th Mar (The "P" in Democrat stands for patriotism.)
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