cost of living in NYC

[ag1]

Hi - am moving to NYC towards end of this year. Just trying to check out the basic cost of living in NY vis-a-vis London (where I currently live).

Is income tax greater in NYC than London?

how about rental costs - i'd like to get a fairly newly refurb'd 1 bed flat to rent in Manhattan, maybe 2 if I can stretch it - i know it depends on the area, but any ideas of what you're looking at?

What do you think is considered a 'good' annual income if living in NY - when I say good, I mean to live comfortably (I will be supporting my wife also).

cheers.

[Bevdeforges]

NYC has its reputation as an expensive town to live in - on a par with London. Tax-wise, chances are you'll do better in NYC than in London, but you'll have Federal, State and City income taxes to contend with.

For an idea of rental costs, just check the Real Estate section of the NY Times:
Real Estate - Buy, Sell or Rent a Home - New York Times - especially the various community profiles. Your mileage will vary, depending on your expectations and whether you want to live in Manhattan or out in one of the other boroughs.
Cheers,
Bev

[synthia]

Availability can also be a problem. It can be very difficult to find an apartment, so be prepared for a hunt.

[From_Turin_To_Austin]

I have only been a tourist in both both cities, but London seemed a lot more expensive. Have no idea about renting in London (I imagine it isn't cheap at all) but in Manhattan can eats up a good slice of your income. I wouldn't rule out the other boroughs either. And although I like Manhattan, if I could pick any place to live I'd go in NJ, just across the hudson river: ah... the wonderful view of the skyline!!

[Tiffani]

On the plus side, if you are coming with a chunk of Sterling, the exchange rate will definitely work in your favour right now.

[ChungyUK]

I badly wanna move to NYC its been my dream ever since going over there last summer. It is similar to London prices such as the rent but maybe a little cheaper. One day id like to work in NYC but i know its really tough to work in NYC cos of VISA restrictions and the limit of foreigners etc.

What I already know is that the only chance you can work in the US is if you get a transfer from your company here in the UK. Or maybe if an employer sponsors but that can be really expensive on his/her part.

mmm what can one person do i wonder??

[naila7]

Hi
What will you be doing in new york. I am eager to move too, but to work either in healthcare or business analyst.
hope to hear from you soon.
naila

[ChungyUK]

yeah would be interested in moving to NYC if the restrictions were a little easier. What i've heard from loads of people is that its almost impossible to emigrate to the US because of the government trying ease down on foreigners coming into the country. Another thing is that you can come in on a green card but it is based as a lottery and the lucky ones get chosen. However the UK are not eligiable for the lottery.

If I were to work in NYC it would be definitely in the IT/Business field but IT based. The easier way to work in the US is to get a transfer from a UK employer to a US employer or on a H1B VISA in which a US employer sponsors on but it does take time and money for them though.

[Fatbrit]

Originally Posted by ChungyUK

Another thing is that you can come in on a green card but it is based as a lottery and the lucky ones get chosen. However the UK are not eligiable for the lottery.

You imply that the only way of procuring a green card is through the diversity visa lottery; it is not!

You state that the "UK are not eligiable for the lottery"; this is also not correct!

[ChungyUK]

well it is unless someone told me a big fat lie