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Gansevoort Peninsula, New York City

Cost of Living in New York, the United States

By Joshua Wood, LPC

Last updated on Apr 14, 2023

Summary: The cost of living in New York, United States is generally high. A nice 1 bedroom apartment in New York City 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 City can range from $15 to $30 per person.

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Is the cost of living in New York high?

We asked people how much they someone comfortably live on in New York, they wrote:

"The cost of living in New York is generally considered to be high. Housing costs are particularly expensive, with the median rent for a one-bedroom apartment in Manhattan being around $3,000 per month. Groceries, transportation, and utilities are also more expensive than in other parts of the country. Additionally, taxes are higher in New York than in many other states," said one expat in New York.

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Gansevoort Peninsula, New York City

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