I live in SF but location flexible and considering making a move to NYC. Biggest issue is obviously cost. I’m shocked even living in what is considered a high cost of living area by the rent prices I’m seeing in Manhattan and parts of Brooklyn. I’m seeing fairly basic 1 bedroom apartments being listed that are $5k+ not including utilities or brokers fees which can be as high as 15% of the annual rent, and most likely not rent stabilized meaning they can raise the rent however much they want after the lease ends. Outside of rent the cost of entertainment and eating out is not surprisingly on the higher side relative to other cities though I would not say it’s as wildly expensive as the rent is. The upside is that there’s an energy to the city that is lacking here, and you don’t need a car to get to most places within the city (though to be fair I don’t have a car in SF either). For people who have recently considered moving or have been living there do you feel it’s worth it considering the rent/housing situation on top of everything else (food, groceries, entertainment, taxation, etc)?
Story Published at: August 7, 2022 at 03:38AM
Story Published at: August 7, 2022 at 03:38AM