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How Does the Cost of Living in Manhattan Compare to Other Major Cities?

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How Does the Cost of Living in Manhattan Compare to Other Major Cities?

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Cost of Living in New York City Most people know that Manhattan carries a reputation as being a very expensive place to live, but just how expensive is it? With rent on a modest one bedroom or studio often topping out over $3,000, New York City is the most expensive place to live in the United States. Of course, many of the countries best paying jobs are also located in the city, which enables it to draw people in who are willing and able to pay for the exorbitant rates on housing. On the plus side, Manhattan has a strong public transit system between the subway and taxis, so residents in the city center often do not need to own a vehicle, which helps trim down expenses a bit. But depending on how intelligently one uses these amenities, travel costs can still add up. Comparison to Other U.S. cities Although New York City is usually considered the most expensive city in the US, there are several others that give it a run for its money. San Francisco is most commonly cited as the second

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