N.Y.C. so costly you need to earn six figures to make middle class
Among the findings:
- A New Yorker would have to make $123,322 a year to have the same standard of living as someone making $50,000 in Houston.
- In Manhattan, a $60,000 salary is equivalent to someone making $26,092 in Atlanta.
- You knew it was expensive to live in Manhattan, but Queens? The report tagged Queens the fifth most expensive urban area in the country.
- The average monthly rent in New York is $2,801, 53% higher than San Francisco, the second most expensive city in the country.