New York Studio Apartment
Anyone who relocates to New York City learns about the sticker shock that comes with sky-high apartment and home rental prices. On the flip side, newcomers, especially seniors, also learn they can live comfortably without a car and thus save huge sums that would go for gas, parking and garages.
With over 8.3 million people, New York is the largest U.S. city. It is divided into five “boroughs.” Manhattan is the smallest borough in acreage but has the highest density of any metropolitan area in the U.S. The largest population is in Brooklyn, followed by Queens, Manhattan, the Bronx and Staten Island.
New York Has City and State Income Taxes
Those who come to New York to start a high-paying job may be shocked at where their paychecks get spent. For starters, New York has a city and state income tax deducted from paychecks. Newcomers can also expect to pay as much as $1,500 to rent a studio or small one-bedroom apartment in Manhattan or parts of Brooklyn.
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The State Department’s Office of American Citizens Services and Crisis Management (ACS) administers the Consular Information Program, which ...
