NYC cost of living

[rL428]

I don't really know a lot about NYC, all I see are apartments everywhere in the metro area, but what are the surrounding areas like? Does the high-cost of living only apply to the metro area?

[IchO]

yup.

[lokinyc]

the Northeast in general is more expensive than other parts of the country. Connecticut and New Jersey in particular have very high taxes.

[Jonesy55]

But NYC incomes are also much higher than the average for the whole USA I would imagine?

[MikeHunt]

New York incomes are very high. Teachers and cops (in the suburbs at least) make about $100,000 at the top end of their pay scale.

Also, bear in mind that although it's extremely expensive to buy property in New York, more than half of the rental units in New York City have rent controls and rent at prices far below FMV. It is very hard though to get one of these units, as people keep them for life.

[Jonesy55]

Originally Posted by MikeHunt

more than half of the rental units in New York City have rent controls and rent at prices far below FMV. It is very hard though to get one of these units, as people keep them for life.

How socialist What happened to the land of the free and the home of the brave?

[George W. Bush]

Originally Posted by MikeHunt

New York incomes are very high. Teachers and cops (in the suburbs at least) make about $100,000 at the top end of their pay scale.

WTF? A regular cop earns 100 k???

[MikeHunt]

Originally Posted by George W. Bush

WTF? A regular cop earns 100 k???

In the suburbs, yes...

A recent news report stated that 80% of the cops in Bergen County, NJ earn over $100,000 per year. That's part of the reason why suburban property taxes are so absurdly sky high.

[George W. Bush]

Originally Posted by MikeHunt

In the suburbs, yes...

A recent news report stated that 80% of the cops in Bergen County, NJ earn over $100,000 per year. That's part of the reason why suburban property taxes are so absurdly sky high.

You mean taxes are sky high because the county needs all the money it can get to pay cops and teachers such exorbitant salaries? Or did you mean it the other way around?

[MikeHunt]

Originally Posted by George W. Bush

You mean taxes are sky high because the county needs all the money it can get to pay cops and teachers such exorbitant salaries? Or did you mean it the other way around?

I mean the former. But the taxes are assessed by the towns, and they pay these ridiculous salaries. Teachers deserve the money; cops in crime free suburbs do not.

[George W. Bush]

Originally Posted by MikeHunt

I mean the former. But the taxes are assessed by the towns, and they pay these ridiculous salaries. Teachers deserve the money; cops in crime free suburbs do not.

God, I do not even want to know what their superiors are earning. Guess I made the wrong job decision.

[Mr Man]

Originally Posted by Jonesy55

How socialist What happened to the land of the free and the home of the brave?

NY needs to stop limiting development.

[MikeHunt]

Originally Posted by Jonesy55

How socialist What happened to the land of the free and the home of the brave?

New York City government is about as socialist as Continental Europe. In that regard, a friend from Rome (who also lived in London) complained that he paid more income tax when living in NYC than he did when living in the UK. He paid about the same as a NY resident as he did when living in Rome.

[LA1]

Originally Posted by lokinyc

the Northeast in general is more expensive than other parts of the country. Connecticut and New Jersey in particular have very high taxes.

I wouldnt say that. The West Coast from San Diego to Seattle is just as expensive, if not more.

[LA1]

Originally Posted by MikeHunt

New York incomes are very high. Teachers and cops (in the suburbs at least) make about $100,000 at the top end of their pay scale.

Also, bear in mind that although it's extremely expensive to buy property in New York, more than half of the rental units in New York City have rent controls and rent at prices far below FMV. It is very hard though to get one of these units, as people keep them for life.

More Bs from this loser. NYC per capita income is very low, barely above LA or Chicago. Places like SF are far, far, higher than NYC. You are the KING of BS about NYC. The KING.

[crawford]

Originally Posted by LA1

I wouldnt say that. The West Coast from San Diego to Seattle is just as expensive, if not more.

Source please? Property tax rates are much lower everywhere on the West Coast.

[crawford]

Originally Posted by LA1

More Bs from this loser. NYC per capita income is very low, barely above LA or Chicago. Places like SF are far, far, higher than NYC. You are the KING of BS about NYC. The KING.

Apparently he's Nostradamus compared to your delusional rantings.

You compare the per capita income of a small town with a metropolis of over eight million? Manhattan alone has twice the population and is much, much richer and more expensive than SF.

[MikeHunt]

Originally Posted by LA1

More Bs from this loser. NYC per capita income is very low, barely above LA or Chicago. Places like SF are far, far, higher than NYC. You are the KING of BS about NYC. The KING.

Hi... It's the retarded dickhead!

[LA1]

Originally Posted by crawford

Source please? Property tax rates are much lower everywhere on the West Coast.

Im talking about median home price for metro areas. Philly and Baltimore metros aren't that expensive, where has every metro area on the Pacific is.

[LA1]

Originally Posted by crawford

Apparently he's Nostradamus compared to your delusional rantings.

You compare the per capita income of a small town with a metropolis of over eight million? Manhattan alone has twice the population and is much, much richer and more expensive than SF.

Then you must be stupid as he is. He said NYC incomes are high. The census numbers kill that notion. What is the per capita in NYC? $36-38,000? You got me, those are very high income figures.