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The cost of living in NYC is notoriously high, with rent prices being some of the highest in the country and groceries, transportation, and entertainment adding up quickly. Despite the high cost of living, many still flock to the city for the cultural opportunities and job market. However, it is important to consider the costs before relocating to ensure it is an affordable decision.

When you decide to move to New York City, the very first thing you would want to know is how much will it cost you to live here. Well, all that depends on the place you are moving to. In today’s article, moving companies NYC will tell you what you need to know about the cost of living in NYC. It is the best way you can learn more about this place and learn where you can move to. Here is our list of the best places you can move to and what to expect of the moving costs here.

Basic information about the cost of living in NYC

Before we get into details about specific places in NYC, we should tell you more about the basic information you can get. Well, the cost of living in NYC is 26% higher than the state average. And, a very important detail, 95% higher compared to the national scale. This is something that can mean a lot to anyone who is planning to move here soon. It is an important piece of information that you should always have in mind.

a family discussing The cost of living in NYC before moving
The cost of living in NYC can warry from place to place

One of the things you should always have in mind here is that the housing in NYC is 258% more expensive than in the rest of the U.S. When it comes to utilities they are 2% higher. And when we talk about some basic needs you will have to fulfill, meaning clothes, food, and groceries, they are 25% higher. Healthcare will take 6% more, and when it comes to entertainment, it is 25% higher.

This is something that you should always have in mind. especially when you are planning to move here soon. And if you find this acceptable, then you should get ready for your relocation. But, the best way you can do this is to call your professional movers and let them help you out

Life in Manhattan

You should know that Manhattan is a city in New York with almost 1,700,000  residents. It is a dense urban place where you can have a lot of opportunities you can get. With a lot of parks, restaurants, coffee shops and other places you can visit, we are certain that you will have a nice life here. Also, the public schools are great!

When it comes to the cost of living here, it is 64% higher than the state average, and compared to the national average, it goes up by 154%. Housing is a staggering 432% higher, and utilities are 1% higher. As for the items you are buying on regular basis like clothes, groceries, and food, you will pay 33% more. Get ready to pay 8% more for the doctor as well.

This is something that can help you out with your moving preparation as well. Because that way you will know how much money you should spend on your life here. And before you move to Manhattan, contact your Manhattan moving company to help you out. With their help, you can organize a fast and efficient move.

image of manhattan

Manhattan has great schools

You should think about moving to Upper East Side

This is a nice neighborhood in New York City. And you should know that there are over 200,000 residents. Also, they all love living here and they consider Upper East Side a nice place to move to. There are many things you can do here and we are certain that you can enjoy a lot of them. Education is great, and real estate is a bit expensive, but people manage. It is a dense urban place that a lot of people really enjoy. The median home value is set at $1,389,000 while the rent revolves around $2,500.

As for the cost of living in the Upper East Side, you should know that it is 78% higher than the New York average. Compared to the national average it is 113% up while the housing is 300% up. This is something that you should have in mind all the time. It will help you settle up your moving budget properly and you won’t have to worry about anything. So, to continue, the New York general sales tax is 21% lower than the national average. But the income tax is 62% higher., Knowing this, you should be able to properly organize your move. Especially if you call Upper East Side moving company to help you out. That way you will be able to move without any problems at all.

Long Island should be your next stop

One of the places you should consider moving to is Long Island. The wonderful New York City neighborhood has over 55,900 residents. You will notice that most of them rent their homes here. And if you love living in a place that offers a dense urban way of life then this is where you should go. Long Island is famous for many interesting places you can see, schools, parks, restaurants, and many others. This can mean a lot when you want to rest after a long move.

image of a building
The real estate market here is great

When it comes to the cost of living in Long Island, you will see that it is $3,800. People consider this to be affordable if you compare it to the monthly salary of $4,700. The price of rent worries from one bedroom place for $1,700 to $2,130. And all that depends on the location of the place. The basic utilities will cost you $220. And this is something that could help you set up the moving budget as well. Knowing how much you will spend living in Long Island can be a great start. Another way you can save your money when moving is to call professional Long Island movers and let them help you out. Because it is always for the best to let someone skilled help you with your move.

The cost of living in NYC – Astoria

If you are looking for a place that can offer you a lot of fun and interesting things to do, a  good job market, or anything else you would want to see, then Astoria is the place for you. It is a wonderful New York City neighborhood with over 83,000 residents. There are many restaurants, coffee shops, parks, and other places that offer a lot of amenities of a big city. And you will notice that most people rent their homes.

As for the cost of living in Astoria, you will see that the average cost here is $2520. It is in the 1% of the top most expensive places in the World. When it comes to median home salary, after taxes, you will get $4300. This is enough to cover the expenses of almost 2 months. Astoria is one of those places that can be both beautiful and affordable for living in. If you plan on moving here soon, make sure to contact Astoria movers. Because with them at your side, you will be able to focus on other important tasks.

people at a park
There are many beautiful parks in Astoria

Consider Upper West Side as your new home

If you are moving alone or with your family, then you would want to know that Upper West Side can offer you a lot of things. From family-friendly places to great job opportunities and many others. With over 212,000 residents, and lovely parks, coffee shops, and malls, you will see that they love living here. Schools are great and you will enjoy this dense urban place for sure. And when you are looking for a job here, make sure to learn how to write a good CV. It will help you score a great job faster.

Moving and living in the Upper West Side can be a great decision for you. With all the things you can do here, we are certain that you will make the most of it. For instance, the median home value is set at $1,500,000 while the rent is going for $2,270. This can mean a lot because that way people get ready for the cost of real estate here. And if you are moving here soon, you can call Upper West Side movers to help you out. They can properly relocate your home so you don’t have to worry about anything.

You could move to Queens outside of NYC

There are other places outside of NYC that you can move to that can be a great choice. For instance, you can move to Queens and have a wonderful time staying here. It is a city in Queens County with over 2,270,000 residents that rent their homes. This urban place can offer you many parks, restaurants, jobs, and other things that you can visit after a hard day of work. And it is important to mention that living here is safe.

image of a building in The cost of living in NYC guide
The cost of living in NYC includes talking about life in Queens

The median home value is set at $575,000 while the rent is going for $1,700. When it comes to the cost of living in Queens, you should know that it is 3% lower than the state average. On the other hand, it is 50% higher on a national scale. Housing is 124% more expensive, while utilities are 2% higher. You will pay 19% more for the utilities and other amenities. Some would think that this can be too much for such a place but trust us, you will find many opportunities in Queens. With a well-developed job market, you will surely find a job here soon. Just call moving companies Queens to help you out. Then you can focus on what you can do once you move in.

Brooklyn is always a good place to move to

If you want to find a place that can offer you a lot of good things and be affordable, then you can move to Brooklyn this year. With over 2,500,000 residents, you will surely find the best place for you. Not to mention that this dense urban place has it all! Great jobs, parks, restaurants, coffee shops, and friendly people who really enjoy living here. And you will see that most of them rent their homes. That means that there is a constant influx of new residents.

Now, there are some things that you should know about the cost of living in Brooklyn. The cost of living here is 16% higher compared to the state average and 80% higher compared to the national average. It is important to note that the housing is 218% while the utilities are 5% up. Necessities like food, groceries, clothing, and such are 21% more expensive. And healthcare revolves around 4% more. With this in mind, you should get ready for the move properly. It is something that can help you out with your move. And if you call Brooklyn movers, then you will surely move without any problems. It is always for the best to have professionals helping you out when moving.

Make sure to learn how to handle finances properly

When you are about to move to any of these places, you need to understand that you have to learn how to handle your finances properly. Even if you earn more than enough, you would want to properly handle and invest in them. It is always a good idea to find some financial tips and tricks you can follow. With that in mind, you will be able to organize your money once you are done moving properly. Because that is a skill that can help you out with your future plans as well.

a piggy bank
It help to know how to properly manage your finances

Now that you know what is the cost of living in NYC, you can easily plan your relocation here. It is not every day that people move here, so make sure to learn more about the moving process. You can do it by reading our blog. We have a lot of blogs that can help you with every aspect of the move. From basic organization, hiring movers, packing process, etc. And we are certain that you will find everything you are searching for if you read it.

About Author

Lisa is a relocation and transportation specialist with over 20 years of experience in the industry. Originally from New York City, Lisa has worked with Divine Moving and Storage since the start of her career. Lisa has been instrumental in helping customers with a wide range of services, including packing, unpacking, storage, and anything else related to moving or storage. She takes pride in providing an stress-free moving experience for all of her customers, and has a knack for finding solutions to even the most complex relocation needs. When she's not helping customers, Lisa enjoys spending time with her family and exploring new places. She also loves to give back to her community by volunteering with local charities. Lisa is passionate about her work and loves helping people move with ease.

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