Moving to New York City:
Perhaps moving to New York City is only a fantasy. Or maybe you’re already setting up shop to move to New York City in the not-too-distant future. As someone who spent two years in NYC after college before driving away, returning after a career change six years later, I’ve discovered that the city is incredible and stressful. Each day is different! But I must admit that I can’t think of a finer location to live right now as I type this from my Manhattan apartment with taxis zooming by outside my window. Even yet, moving to one of the biggest cities in the world is a significant choice. It’s best to follow your instincts while making important decisions in life. Make decisions based on something other than what you see in movies or on Instagram.
Living In New York Is Quite Expensive:
Before moving to New York City, it’s crucial to understand that the city is the most costly in the country to live in. As of 2021, New York City’s cost of living is 129% more than the national average. San Francisco, regarded as the second most expensive city in the United States, is more costly to live in than New York City. There is no city like New York City; therefore, when comparing cities to relocate to, you should analyze aspects like the cost of living and the value a city offers. Only Boston and Washington, D.C., are more costly than New York City in the northeastern United States.
To live comfortably in the city, a person should earn at least $11,211 per month (or $135,000 yearly) before taxes. While the current minimum wage in New York City is $15, the typical income is around $63,998. Whether the expense is worthwhile will depend on where in the city you choose to reside and the type of work you have. The COVID-19 Pandemic caused prices to decline drastically, but they are already rising again.
Understand How To Operate The Subway After Moving to New York City:
It’s time to give up the vehicle and take public transit if you’re moving to New York City. Only roughly 45% of households in the city have a car. While having a car may help travel, newcomers to New York City may find driving hazardous and challenging. In addition to the high expense of having a car in the city, the difficulty finding parking and the horrendous traffic will persuade anybody to avoid driving at all costs. Given this, it is no surprise that most locals walk or use public transportation, like the tube, to get around.
The tube is seen to be the simplest and least expensive method to move around without worrying about petrol expenses, even though it can initially be stressful. Taking the tube is affordable and well worth the $2.67 a trip or $127 per month for unlimited rides. Remember that most New Yorkers will do the same if you use the tube. It’s common to see large crowds, especially around rush hour. Consider how long you will commute to and from work before moving.
Put On Your Rain And Snow Gear:
Due to its humid subtropical climate, New York City inhabitants may anticipate hot, muggy summers and chilly, snowy winters. The city experiences a lot of rain, something many might need to know. Compared to the national average of 38 inches, New York City averages 47 inches of rain annually. An average of 25 inches of snowfall each year during the winter in New York City. Keep a raincoat or umbrella with you always because there is precipitation on 119 days out of the year. A snow shovel should also be packed.
There Is a Strong Economy:
It should come as no surprise that New York City has the country’s largest economy and the majority of billionaires. If the city were a country with a GDP of $1.7 trillion, it would have the tenth-largest economy worldwide. Most locals may find work in technology, finance, insurance, health care, real estate, fashion, journalism, mass media, and publishing. This area is known for its prosperous industries and big businesses.
Here are the headquarters of some of the biggest companies in the world, including HBO, American Express, Shutterstock, and Tiffany’s. The United Nations and the Wall Street Stock Exchange are also found here, known as “Silicon Alley” for its concentration of high-tech firms and new media startups in northeastern Manhattan. The top tech companies based here are Apple, Google, Facebook, Robinhood, IBM, and Razorfish.