The Cost of… “Living in New York”

As made clear by my previous posts, New York’s cost of living is considerably higher than essentially any place in America. However, the cost of actually living in New York City also must be discussed. In Moving to Manhattan, I explained the differences in rents among the city and to touch upon it a bit more…

Some families choose to sacrifice what they could have in other towns to live in New York. I know a family of 4 living in a one-bedroom apartment. Now, they do live in the heart of the West Village, a dream of many, but I’m sure people usually think the parents would at least want their own bedroom. This family has been doing this since their kids were born, now 8 and 11 years old, and they seem to be perfectly satisfied with their lifestyle. The bedroom consists of a full or queen size bed (I can’t remember which one) for the parents and a bunk bed for the boy and girl.

I don’t know what they rent is, but this is quite the sacrifice to make to live in one of the nation’s most sought-after neighborhoods. They could probably settle for a small house in the surroundings suburbs or get a less expensive, bigger place in a different neighborhood or even borough. I just wonder what will happen when the kids get older and want to bring home their girlfriends/boyfriends… Uh oh.

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