Frequently Asked Questions – Moving to New York City, NY
Is moving to NYC a good idea?
Moving to NYC is something to be considered. Especially if you are moving to NYC from a smaller place. This is a city of extremes and might feel overwhelming to some. But for many, moving to NYC feels exciting.
Planning will make moving to NYC a good idea rather than a nightmare. A part of planning includes understanding how the change will impact your budget. Doing research will make your move much smoother.
Why do people choose to live in NYC?
There is no other place in the world like NYC. The fast pace, the buzzing traffic, the hustle, and bustle of the people, the 24-hour life, and the creative spirit makes NYC one of the most vibrant places in the world.
If you move to NYC, living in the city affords one the opportunity to live a lifetime in a day. From a morning run in Central Park, to some of the best food imaginable in the afternoon, to an evening watching world-class theater and comedy. New York really can be like the movies. There is always something calling if you just say ‘yes.
The city is always filled to the brim with locals walking around going about their daily lives and the wide-eyed tourists excitedly taking pictures of the beautiful surroundings.
There are so many reasons to list. It is easy to see why people choose to live in NYC.
How is living in Manhattan?
It’s no secret that living in Manhattan is expensive. Living in Manhattan costs 50% more than the American average. Residents can expect to pay “New York City prices” on just about everything, from groceries, to utilities and rent, to personal services.
It is primarily a family neighborhood- lots of public and private schools, Columbia University, museums right there as well as east, south and north of you. Central Park a few blocks away. Affluent and Cultural are words that come to mind.
For a single person to live comfortably, it is suggested to earn at least $150,000. If you are a couple with children, 200-300,000 is recommended.
How much should I save before moving to New York City, NY?
In the process of moving, many will wonder how much should I save before moving to NYC. The numbers can vary considerably depending on your particular circumstances.
It is highly suggested that you save a minimum of 3 months of rent and monthly expenses prior to moving to NYC. The average room rents for under $1,000 a month. If you require other accommodations, it’s easy to research rent prices in the potential area you will move to plan accordingly.
Factor anticipated monthly expense to prepare for renting in NYC to ensure an appropriate amount of money is saved prior to moving. Depending on your own needs, the actual amount may differ.
For a single person to live comfortably, it is suggested to earn at least $150,000. If you are a couple with children, $200-$300,000 is recommended.
What do I need to know before moving to Manhattan?
Learn to love the sound of honking horns
- The city rings twenty-four hours a day, seven days a week of a relentless blaring chorus of car horns, pedestrians shouting, and construction equipment. You’ll eventually grow to appreciate the cities unique sounds and ambience.
There’s no such thing as living on a budget
- Unless you plan to starve yourself and spend each night locked away in your apartment, saving money while living in Manhattan tends to be difficult.
A trip to the subway is better than any show on Broadway
- It’s not unusual to find yourself captivated by a talented street performer dressed in eccentric costumes during your commute to work.
There’s no such thing as personal space
- When walking down the street, expect at least seven people to crash into you. This should not be viewed as a hostile or aggressive act. Rather, trick yourself into believing that it’s a friendly gesture and go about the rest of your day.
Avoid Times Square at all costs
- Times Square is meant exclusively for tourist, and therefore, it should be avoided whenever possible. After you’ve become accustom to all the bright light and street performers which tag along the expense of the experience, you’ll learn to avoid it.