If you are assessing New York’s expensiveness in terms of living here rather than visiting, New York’s Manhattan is either the most expensive place to live or about 8th depending on what list you look at and the crieria used for assessing expensiveness. A recent article in Busines Insider put the cost of renting a 2 bedroom apartment for a month as equal to the entire monthkly income of the average U.S. worker, and yes accommodation is shockingly high and so is taxation..
Manhattan is definitely the most expensive place to live in NYC, with the cost of living being 120% higher than the national average. But it is possible to live comparatively cheaply in Manhattan and of course in outer boroughs by sharing your accommodation, (roommates are a necessity in NYC not a life choice), shopping carefully for everything, never having anything delivered, having the luck of living close to where you work so you don’t have any transportation costs, being a moderate drinker and taking advantage of all the free events in NYC for your entertainment.
It is not easy, you have to put effort into living cheaply in NYC and you have to turn your back on a lot of the things many NYC dwellers take for granted. Like eating out all the time or ordering in when you can’t be bothered going out. Like going to expensive shows and gigs when there’s something amazing on or catching a cab across town because you are running late. Or like hiring people to do your laundry, keep your apartment clean, do your shopping etc. The truth is the more money you have the easier your life is in NYC.
But if you live frugally you have all the delights of NYC living that are available to all, lots of free events including world class artists, musicians and actors doing their thing, the capacity to meet up and network the leaders in their field in areas that interest you (thank you MeetUp groups), the buzz of this wonderful city and can’t be beaten opportunities to learn and participate.
As a visitor to NYC you have several ways to go. If money is no object for you then every entertainment, culinary and sporting opportunity is open to you. And if you want to network in any special area of interest then that can be arranged. But if you doing your trip as cheaply as you can, there are cheap places to stay and cheap food to be bought. There is plenty of cheap or completely free entertainment and if you are a savvy shopper you can pick up bargains. Yes you have to work a little harder to ferret out waht’s available but heh, this is NYC there’s so much more available than anywhere else.