If you're thinking about making the move from Beantown to the Big Apple, you're probably wondering about the cost of living in New York City. After all, it is one of the most expensive cities in the world. But don't let that discourage you! There are plenty of ways to save money when you're living in New York. And, if you're moving from Boston, you may be surprised to find that some things are actually cheaper in New York than they are in Boston. Here's a breakdown of some of the major expenses you'll face when making the move from Boston to New York City.
Housing Costs
One of the biggest expenses you'll face when moving to New York City is housing. The average rent for a one-bedroom apartment in Manhattan is $3,890 per month, while the average rent for a one-bedroom apartment in Brooklyn is $2,650 per month. Compared to Boston, where the average rent for a one-bedroom apartment is $2,650, this is a significant increase. However, there are plenty of ways to save money on your housing costs in New York City. For starters, consider renting an apartment with roommates. This will help split the cost of rent and other bills like utilities. You can also look for apartments in neighborhoods that aren't as popular (and therefore aren't as expensive). And finally, don't forget to negotiate! Many landlords are willing to negotiate on rent prices, especially if you have good credit and a solid rental history.
Transportation Costs
Another major expense you'll face when moving to New York City is transportation. If you're planning on using public transportation, you can expect to pay around $120 per month for a MetroCard. This entitles you to unlimited rides on subways and buses within New York City. If you're planning on driving, expect to pay around $300 per month for parking and tolls—not including gas! Of course, you can always choose to ditch your car altogether and rely solely on public transportation or walking/biking. In fact, many New Yorkers do just that!
Conclusion
All in all, moving from Boston to New York City is going to cost more money than living in Boston alone. However, there are plenty of ways to offset some of these costs by finding roommates, living in cheaper neighborhoods, and taking advantage of public transportation options. And remember—the cost of living in New York City is worth it when you consider all that the city has to offer! From world-renowned museums and restaurants to Broadway shows and Central Park, there's something for everyone in New York City.
