Any resident will tell you that New York City is the finest in the world because it offers the best shopping, restaurants, and nightlife. On the other hand, newcomers and people relocating from more rural regions may need some time to acclimate. As a result, we have compiled a list of the 3 most important facts about living in New York City for people moving here (or even considering it).
High Living Expenses
The high expense of living in New York City forces many people to share apartments. It’s not simply homes that are a problem. Almost every item will be more expensive in the Big Apple, from groceries to drinks to movies. If you’re moving to NYC from another state, you should prepare for a significant rise in living expenses.
Rental Prices are Off the Roof
New York City’s insane property market significantly contributes to the city’s astronomical living costs. The average price of a two-bedroom apartment in New York City is $6,191 per month, according to the rental website Apartment List. The monthly rent for a studio apartment is $3,295, while the rent for a one-bedroom apartment is $4,331.
Each is prohibitively costly compared to the median rent in the United States and the rentals in most of the world’s major cities. In March of 2022, the median rent for a studio was $1,101, for a one-bedroom was $1,139, and for a two-bedroom, it was $1,306. That works out to a difference of $2,194 for a studio, $3,192 for a one-bedroom, and $4,885 for a two-bedroom. The cost of rent in New York City is, without a doubt, sky-high.
Housing Expenses in “The Big Apple”
According to 2018 National Association of Realtors statistics, the median sales price of a single-family house in the New York metro region is $403,900. This may seem promising, but remember that it applies to the whole New York metropolitan region, not just the city itself. It’s common for buyers in Manhattan to pay more than $1 million for a swanky one-bedroom condo in the heart of the city.
These are my top tips for things to do when relocating to New York City, whether you’re making a move yourself or helping a friend who is.
7 Things to Do When Moving to NYC
Get started right away by discarding as many personal items as you can. New York City apartments are tiny, and shipping and relocating are costly. Bringing just the essentials and acquiring the rest after you are in New York City is an excellent method to simplify the process of starting over.
Ensure that you take accurate measurements of your area, paying specific attention to the width and height of any doors, hallways, or entryways. Some furniture won’t fit in the hallways of New York’s older buildings. Prevent unnecessary stress by figuring out the square footage in advance.
Change your address, and all correspondence will be sent to your new address.
Have your Internet and utility services connected before you move in.
Prepare Packing Supplies
Get supplies for packing. Locating free moving boxes is another way to save money during relocation.
Ask Friends to Help
If you want to avoid hiring movers, you should have a buddy or two there to assist you loading and unloading the truck and keep an eye on it while you’re unpacking.
Find a Reliable Pro Mover that Works in NYC’s 5 Boroughs
Make a plan for getting your stuff to your new place safely. To avoid the hassle of finding parking for loading and unloading, consider getting the services of Dynamic Movers NYC. Learn more about their moving services by visiting their website: dynamicmoversnyc.com.