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Cost Of Living In NYC Rose More Than 20% In Five Years
By
John Del Signore
Published Mar 4, 2015
Modified Mar 4, 2015
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By
John Del Signore
Published Mar 4, 2015
Modified Mar 4, 2015
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The cost of living in NYC rose 23% between 2009 and 2014, according to a report from The Economist that we can't afford to read because it costs $995. But according to a précis on the magazine's website, the cost of living in this dirty town has increased dramatically since the year Dragonball: Evolution came out. In other news, napkins are useful for drying things, according to a bunch of napkins on my desk.
The Economist's Worldwide Cost of Living report is derived from a survey that compares more than 400 individual prices "across 160 products and services" in 133 cities around the world. These include "food, drink, clothing, household supplies and personal care items, home rents, transport, utility bills, private schools, domestic help and recreational costs."
According to their latest report, NYC ranks 22nd on the Cost-of-Living Index. The city-state of Singapore currently has the highest cost of living, followed by Paris, Oslo, Zurich and Sydney. Sure, they're all very expensive cities in their own right, but where else but NYC can you sip a cup of $9 broth while waiting on line to buy a $5 donut?
Drop a thousand dollars and read the full report here at your leisure.
Tagged
cost of living
debt
expensive
John Del Signore
Originally from the Albany area, John Del Signore has called NYC home since 1995. In addition to his thousands of meticulously-crafted bespoke blog posts for Gothamist, his writing has also been published in The Awl, Deadspin, The Nervous Breakdown, and performed at The Brick Theater in Brooklyn.
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Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
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