Calculate the cost of living in Manhattan in a few easy steps

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Moving to another place is a job with a lot of things that you have to do beforehand. Finding a new home is one thing but that is not everything. You need to inform yourself about the cost of living in a new place. One of the most popular places people want to live in is certainly Manhattan. But, before you start looking for reliable movers NYC that will help you in transition, you should first learn something else. You need to calculate the cost of living in Manhattan and know whether you can support yourself there or not. But, we have a few tips on how to do just this in a few easy steps. So, let’s find out the costs of living in Manhattan!

Housing costs

As we have mentioned, housing costs are pretty important. We all know how expensive New York City as a whole can be, but Manhattan is something else. It is the most expensive part of NYC and you are probably aware of this fact. So, how to calculate housing costs in Manhattan?

It varies depending on whether you want to rent or buy. The average rent in Manhattan is 4,265$ while buying a property will cost you around 2,285,883$. Naturally, things may be somewhat different depending on the exact location where you want to move. As you can see, moving to Manhattan is not cheap, no matter how you look at it. So, if you really want to live here, make sure that you can afford the housing costs first!

buildings in manhattan
Housing in Manhattan is among the most expensive in the country

Food

We all have to eat. So, we need to include this in our calculation of the costs of living in Manhattan. When talking about eating costs, it would be too much to mention prices in restaurants. Eating in restaurants will cost you a lot of money but that is not a necessity. You can survive without this. But, what can’t you survive without?

  • bread – it will cost you around 4,50$
  • milk – around 3$
  • a dozen eggs – 3$
  • cheese – 5$
  • steak – 14,50$
  • juice – 4,70$
  • lettuce – 2,40$

Of course, we can’t place everything on one list but you get the point. Compared to some other places, these prices are higher and you should be aware of that if you want to live in Manhattan!

Utilities

Paying utilities is necessary, no matter whether you rent or buy a place to live in. The energy bill is certainly the biggest part of your utilities that you will have to pay. The usual price for an energy bill is around 163$. But, it is the usual price for an apartment where two people live. If you have more members, the costs will most likely be higher. When we talk about the phone, people in Manhattan usually pay around 190$.

utilities
Your utility bill will be higher than in the rest of the US

Transportation should be included in the costs of living in Manhattan

We all know about NYC’s subway stations. We have seen them in the movies, or in reality. That is the most commonly used way of moving around New York City. Owning a car here is expensive. But, it is also impractical because you will lose a lot of time in traffic jams. You certainly do not want that if you need to get somewhere fast. The fastest solution is using the subway. But, even this solution is more expensive than most other cities. In order to calculate the cost of living in Manhattan, we have to mention that it is around 33% higher than the national average. That is a fact and you can’t get around it. What you can do is accept it as the cheapest solution available and go with it.

a woman in subway thinking how to calculate the cost of living in Manhattan
Subway is your cheapest way of commuting in NYC

So, what do you get in return if you decide to move to Manhattan and pay all these costs?

It may sound like we are trying to persuade you away from making a decision about moving here. But, that is not the truth. Manhattan is a place that will give you opportunities you can’t find anywhere in the world. You are in the center of happenings and you should use it all once you move here. There is a chance to experience various premiers, shows, theaters, some of the best restaurants in the world, and much more.

You will also have the chance to work for much better jobs and that is something that you should have on your mind, especially if you have higher education. So, make up your mind, make the first step and find long distance movers Manhattan that will give you the chance to experience all of this. After all, we all have one life so we should use it to the fullest!

Relocate to Manhattan with the help of the right movers

If you choose to move to Manhattan with calculated living expenses, you have to think about other things too. One of the most important is finding the right local movers Manhattan that will aid you in the process. But, this sounds much easier than it really is. You can just type anything in the search box and a dozen companies will pop up. But, are they good enough for you? Are they capable to handle your relocation without any major issues? That is something that you have to think about.

Calculate the cost of living in Manhattan and make your move!

It is one thing to want to live in a place where everything happens, like Manhattan. But, not everybody is able to afford it. It is one of the most expensive places to live in the whole US, not just NYC. That is the reason why you need to have all information before you make any kind of decision regarding the move. We have given you a couple of things that you need to have in mind in order to calculate the cost of living in Manhattan. Make sure that you understand them well because you do not want to make any kind of mistake regarding moving here. If you move here and can’t afford it, you will be in big trouble. Utilize the information well and you are golden!

 

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