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>NYC is costly, but not as costly as people think Oh come on, it's among the most expensive places to live in the world by almost any metric. Rent? Probably to
by deeeeplearning 6y ago
>NYC is costly, but not as costly as people think
Oh come on, it's among the most expensive places to live in the world by almost any metric. Rent? Probably top 5 most expensive in the world. Groceries? Among the most expensive in the world. Restaurants? Among the most expensive in the world.
This is bare necessities. It's not as if people in Raleigh are spending massive portions of their budget on "Culture" that somehow NYC makes up for it.
>2. Property taxes are comparatively low to other states
Good luck buying in NYC... Not to mention some of the highest income taxes in the US.
Pick your source:
https://www.numbeo.com/cost-of-living/rankings_current.jsp https://www.numbeo.com/cost-of-living/rankings_current.jsp
https://www.cnn.com/travel/article/worlds-most-expensive-cities-2020/index.html https://www.cnn.com/travel/article/worlds-most-expensive-cit...
https://www.mercer.com/newsroom/2020-cost-of-living.html https://www.mercer.com/newsroom/2020-cost-of-living.html
- ajsnigrutin 6y ago+ proposed $3 tax for every package ordered :) ..because you can't buy anything "non essential" locally, because everything is closed... https://abc7ny.com/package-surcharge-nyc-extra-fee-for-delivery-mta-budget-robert-carroll/8615924/ https://abc7ny.com/package-surcharge-nyc-extra-fee-for-deliv...
- deeeeplearning 6y agoNot that this helps costs in NY but really how many packages would you need to order in a year for this to make a significant dent in your budget?
- ajsnigrutin 6y agoThat adds 30% of the costs to a pack of cheap socks from amazon. That's a lot.
- denimnerd42 6y agowould have increased the price I paid at amazon by 10% last year. So that's not a significant dent but on the other hand that's obscene.
- deeeeplearning 6y agoAn average customer at Amazon apparently buys $600 worth of goods from them in a year so if they got 20 packages then yes this would be a 10% increase. However I for example probably get 2 packages from them a month and a $6 monthly increase hardly seems important, if I leave a light on in my house for too long the increase in my electricity bill probably eclipses that. Depends on point of view I guess.
- TuringNYC 6y agoIt is totally expensive, especially Rent. I'm just saying it isnt as expensive as you think in the big picture. Just across the border, all adults need cars. In NYC, you dont usually need a car (at least before the current subway crisis.) Just across the border, you dont pay city income tax, but you pay absurd property tax.
- vonmoltke 6y ago> Just across the border, you dont pay city income tax, but you pay absurd property tax. Well, how good a deal that is depends on your household AGI versus the value of the property you own/rent in each location.