Cost of Living in New York

Last updated on Feb 18, 2023

Summary: The cost of living in New York is generally high. A nice 1 bedroom apartment in New York can cost anywhere from $2,000 to $3,500 per month, while a nice 2 bedroom apartment can cost anywhere from $3,000 to $5,000 per month. The cost of dinner at a moderately priced restaurant in New York can range from $15 to $30 per person.

What are typical rental prices for expats in New York?

"The rental price for a nice 1 bedroom apartment in New York is typically around $2,400–$3,100 per month, while the rental price for a nice 2 bedroom apartment is typically around $3,400–$4,500 per month," wrote an expat living in New York.

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What appliances are typically included in a rental?

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About the Author

Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.