When you take the salary of an average (not wealthy or poor, but middle class) New Yorker living in the heart of the city into account, is it even enough to not only pay rent (on top of a deposit in advance for first time renters) including bills utilities, internet, maintainence fees or muncipality fees & not forgetting food on the table. I’ve heard that NYC has the reputation of being the most expensive in the globe. Is that true?
Late response, missed this post from the feed.
Yes.
I used to live in Brooklyn, NYC but the rent was going up and houses are too expensive.
So my family moved to Philly. We have a house here. They borrowed from friends and relatives (instead of going to the bank for mortgage), and now the debt has been paid off. (Parents did a lot of overtime work)
School here suck, which is probably why houses at the time was only like 100k-ish