Cost of Living in Manhattan

Posted: August 7, 2015 in Real Estate

Living in New York tends to hurt the wallet after a while. It is a city that has much to offer, including restaurants, bars, museums, Broadway, and much more. But it is a city that brings a lot of high prices with it. Living in Manhattan is expensive, and no one knows that more than Michael Yanko. He is a real estate developer who has taken the urban living of Manhattan and has brought it outside of the city. People can live there for half the price, but with all of the amenities.

Real estate and housing happen to be the most expensive part of living in Manhattan. To find a house or even an apartment that will cost less than $2000 a month to rent is simply impossible. There is no way for that to be done. Transportation and gas is also high, but there is no argument that a monthly pass for public transport is still cheaper than gassing up your car and having to pay for parking. This is simply a better alternative.

Food is reasonably expensive, but with the introduction of farmers markets, you can find some food for a decent price. And most staples are priced fairly. The pocket is really hit with restaurants and other luxury items. Entertainment and things of the like is high because the city is such a tourist hit. They tend to overcharge at certain times of the year. Living in Manhattan is not for the faint of heart, for sure. It takes a lot of money, and a lot of guts to make it work.


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