Benefits and Disadvantages of Moving to New York City
Posted in City Guides,Moving Tips & Tricks on June 30, 2022
Many looking for exciting opportunities have their eyes fixed on the Big Apple – it is a promised land for many people worldwide. So, is moving to New York City a smart move, or should you be more cautious when deciding? Here is a list of things you should consider before making it your future home.
Wondering “Should I Move to NYC and Is Living There Too Expensive?” – Here’s the Answer
The Big Apple is not only the most expensive city in the country, but it is among the costliest places in the world. According to PayScale, the cost of living here is even 155% more expensive than the national average – and most money goes to housing expenses. It’s one of the rare things making people want to move out of NYC.
Since the median home price is around $2,138,000, many decide to rent an apartment after relocation. However, average rent prices can also be sky-high. For example, if you are looking for a one-bedroom apartment in Manhattan, you will have to agree on $3,400 of monthly rent, on average (according to Numbeo). It is quite a lot, especially if you want to live on your own. Utilities, transportation costs, and grocery bills also tend to be a lot higher, as well as taxes – keep in mind that NY is one of the states with the highest income tax burden.
Learn How to Move to New York City – First Find a Cheap Place to Live In
Many forget that there is a lot more to the Big Apple than just Manhattan – after all, Manhattan is just the most expensive one of the five NYC boroughs. If you opt to widen your search, you can get some pretty affordable deals. Parkchester (Bronx) is considered NYC’s most affordable neighborhood, but Lindenwood (Queens), Brighton Beach, and Coney Island (Brooklyn) are not too costly either. However, if living in Manhattan is your dream, note that Fort George is the most affordable area here.
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Be Realistic When You Want to Rent an Apartment in This Part of NY State
One of the first things you must do when looking for an apartment is lower your expectations. If you are relocating to another state alone, take off your rose-colored glasses and face reality. Besides rent, you will have to pay a broker’s fee, security deposit, and even a pet deposit if you are relocating with pets. If you don’t have a fortune in your bank account, your first apartment won’t be your dream one. Still, it can be a great motivation to push forward and succeed until you can finally afford it.
How Much Money Do You Need to Move to New York?
Cost of living isn’t the only expense you should consider when relocating to a different state – you must also consider the relocation costs. How much money should I have saved to move to New York, you ask? It would be best to save enough money to cover the rent and other living expenses for the first three months.
However, you must also include the costs of an interstate move in your relocation budget, which will depend on cross-country moving services, the distance, your inventory list, and the like. So, how much money should you have saved before moving to NYC? The sum of around $15,000 should be enough until you start supporting yourself financially again. Still, only a few have this amount already at their disposal. If you’re not one of them, count on saving money to move to the Big Apple.
NYC’s Economy Is One of the Strongest in the Country
The state of NY has the third-largest economy in the country – and the Big Apple is the center of it. Job opportunities are one of the most common reasons to move here. It is home to over 70 Fortune 500 companies, including American Express, Goldman Sachs Group, Pfizer, and JPMorgan Chase. Moreover, it’s considered the country’s publishing and financial capital, with many work possibilities in entertainment, culture, and fashion as well.
Here’s a list of some currently most paying jobs in this metropolis:
- Management,
- Business and financial operations,
- IT,
- Architecture,
- Engineering,
- Physical and Social Science,
- Education,
- Arts,
- Entertainment,
- Media.
Asking Yourself “Should I Move to New York City?” – Here’s What Salary Do You Need to Live in New York?
Most salaries in this metropolis vary between $54,500 and $82,000, with many opportunities for career advancement and salary increases. However, to live comfortably in the Big Apple, you should look for a job that pays roughly $80,000 per year. It’s not an easy task, especially immediately after the move. That is why many opt for getting additional jobs until they get the opportunity to advance in their career.
Is It Easy to Get a Job in New York City?
Can I move to NYC without a job, you want to know? Yes – but prepare for challenges. Finance, high technology, insurance, real estate, and health care offer the most job opportunities, so it shouldn’t be hard finding a job if you are coming from these fields. Still, keep in mind that NYC’s competition is fierce, so don’t despair if it takes you a bit longer to find a job you want. Although a job hunt can seem a little more complicated, it is all worth it once you get to learn from world-famous experts in your field of work.
Of course, you can also try to find a job before the move and become financially secure right from the start. If you find out more about how to get the job out of state, follow the tips from the video below:
The Big Apple Is the Ultimate Melting Pot of the Country
With more than 8 million residents and around 800 languages spoken, different ethnicities, nationalities, and cultures mixed together, the Big Apple is the most diverse metropolis in the USA.
Broadening your cultural experience and expanding your horizons are inevitable after the move. Not many cities worldwide can compete with the energy, variety, excitement, and inspiration it brings – and the big part of it is on people who made the Big Apple their home.
Relocating Here Will Force You to Adapt to a Fast-Paced Lifestyle
If you are moving across the country from the suburbs, a small town, or even a metropolis with a more laid-back lifestyle, you will need some time to get used to NYC’s hustle and bustle. However, it may turn out to be a convenience for you, as you can do whatever you want whenever you want in the City That Never Sleeps.
Still, residents that are constantly on the move are, according to some stereotypes, some of the rudest in the States. Although you’ll undoubtedly experience unkindness and rudeness when living in NYC, not everyone is like that. Moreover, with that many people in one place, you will most certainly find somebody who shares your view on the world and make friends in no time.
One in every thirty-eight US residents lives in Big Apple
It Is One of the Best Public Transit Cities in the USA
NYC’s metro system is the largest in the country and one of the preferable transportation options for many residents. However, there is an extensive line of buses, rails, and even fairy systems for commuters. Still, although the public transit is well-coordinated and its prices are affordable, keep in mind that this metropolis still has one of the longest commuting times in the county.
If You Want to Be a Driver, Make Sure You Know All About the NYC’s Traffic
One of the things to consider when relocating to another state is whether you will bring your vehicle with you. However, if you opt for car shipping to the Big Apple, be aware of what it means to be a driver in this metropolis. Road rules can change during rush hours, parking (if you succeed in finding it) costs a pretty penny, and there will be some not-so-kind drivers. You should expect all of that if you decide the conveniences of owning a car surpass the disadvantages.
NYC's traffic is most congested between 8-9 a.m. and 3-7 p.m
Big Apple Is One of the Top Cities for Students
NYC’s one of the top-tier college cities in the country, and it is among the world’s top 20 student cities. Nine universities are ranked within the top 800 universities in the world, including Columbia, Cornell, and New York University. Additionally, it’s one of the most desirable cities with a freshmen population due to excellent education opportunities and exceptional quality of life.
After Moving to New York City, You Will Get to Enjoy All Four Seasons
If you prefer weather changing over the year more than staying in the same season, know that the Big Apple will allow you to experience all seasons. With hot and humid summers and cold winters, count on both winter and summer gear when getting packing services. Additionally, know that this metropolis gets more sunny days (224) on average compared to the national level – but don’t let the sudden pouring rain catch you off guard. Also, plan carefully whether you can manage better to move in the summer to NYC or simply move in the winter.
NYC's weather can change drastically, even during a single day - so be prepared for it
There Are Plenty of Neighborhoods to Choose From
Is New York a good city to move to? Despite all the disadvantages you will stumble upon, it is still one of the most desirable cities in the world – and for a good reason. Even with all its flaws, becoming a resident here is a dream come true for many. Therefore, if you are wondering Should I move to NYC, the answer is always yes.
If you find yourself drawn to this metropolis, note that there are many interesting and exceptional areas you should consider when deciding where to live, like:
Williamsburg (Brooklyn)
If a fast-paced lifestyle is too much for you, you will find the sanctuary in this trendy neighborhood that offers a more carefree and laid-back vibe. With exceptional street art, galleries, interesting museums, and proximity to Manhattan, it’s a preferable choice among younger generations, artists, and hipsters. If you are relocating to NYC alone, this could be a perfect place.
Astoria (Queens)
Astoria is one of the most diverse neighborhoods you’ll soon grow to love, with fantastic dining and bar scene (including Greek tavernas and Bohemian Beer Garden), plenty of possibilities for open-air activities, and beautiful scenery provided by the Astoria Park. It also offers plenty of things to do in NYC with kids and good public schools, which is why it is one of the go-to destinations for families. But, if you want to move for love and build a great relationship with your partner, Astoria is the place to be.
Chelsea (Manhattan)
There is a reason this neighborhood holds first place in Niche rankings. Beautiful homes, exceptional schools, thriving culture, low crime rates, and amazing nightlife can offer anything for everyone. However, be prepared to pay the price for the high quality of life it offers – this is also one of the most expensive areas of the metropolis.
Riverdale (Bronx)
According to Niche, it is one of the best places to raise a family in the Big Apple. It offers a suburban vibe inside of a metropolis, with many green surfaces, a well-developed public and private school system, and safety. However, although more affordable than Manhattan, keep in mind that Riverdale is one of the costlier neighborhoods in the Bronx.
Atlantic Village (Staten Island)
If a beautiful ocean view is what you’re looking for, you will find it with Atlantic Village. Its relaxing environment, plenty of beach activities, and quiet streets are not typical features of this metropolis. However, if you’re not opposed to living outside the city center, consider giving this neighborhood a go. You can safely move here with the help of a long-distance moving company.
In Big Apple, You Will Never Lack Interesting Things to Do
When you decide to move to the Big Apple, you won’t be just relocating to a big city – you will be moving cross-country to The City That Never Sleeps. Whatever you want to do at any time of the day and night, it is possible that you’ll be able to do them in this metropolis.
Aside from typical tourist destinations all the world knows about, there are plenty more things to do, and not just in Manhattan. Whether you’re interested in theater, sports, music, art, history, science, or anything else, NYC’s amenities are only the best. Therefore, make sure you start exploring as soon as you move. If you have no clue where to start, get some ideas from the following video:
Is Moving to NYC Hard? Not if You Know How to Find the Most Qualified Cross-Country Movers for the Job
Is it a good idea to move to New York? Absolutely! You’ll meet plenty of relocation benefits after settling in one of the world’s businesses, cultural fashion, and entertainment hubs. But how to move to New York and not lose your mind in the process? The answer is simple – just make sure you hire the best long-distance movers to help you move efficiently and safely. If you’re looking for a move without a hitch, let the cross-country moving company assist you. Leave all the logistic and heavy-lifting work to them, and focus your attention on planning how to adapt and become a true local. If you are still unsure whether to move here, take a “where should I move quiz” and find the right answer.
FAQ
What Do I Need to Know Before Moving to New York?
New York is one of the most expensive cities in the world, so be prepared for high rent, groceries, transportation, and entertainment costs. You may need to adjust your budget accordingly. It is made up of many different neighborhoods, each with its own unique character and culture. Before you move cross-country, research different neighborhoods to find one that suits your lifestyle and preferences. Also, it is known for its diverse population and rich cultural offerings. Take advantage of the city’s museums, theaters, music venues, and festivals to experience all that the city has to offer.
What Is the Cost of Living Like in New York?
The cost of living in New York is generally considered to be high, with expenses such as housing, food, transportation, and entertainment being more expensive compared to many other cities in the United States. It’s important to plan and budget accordingly before moving to or living in New York.
How Do I Find a Place to Live in New York?
To find a place to live in New York, you can start by researching neighborhoods that fit your budget and lifestyle, and then search online rental listings, work with a real estate agent, or explore other options like subletting, shared housing, or short-term rentals.
What Are Some Good Neighborhoods to Live in New York?
NYC has many great neighborhoods to live in, depending on your lifestyle and preferences. Upper West Side is known for its beautiful architecture, family-friendly atmosphere, and proximity to Central Park. Williamsburg is a trendy neighborhood in Brooklyn with a lively arts and music scene, great restaurants, and waterfront parks. Also, Astoria is a diverse neighborhood in Queens with a growing food and bar scene, parks, and easy access to Manhattan.
What Is the Transportation System Like in New York?
New York has an extensive and complex transportation system, including subways, buses, trains, taxis, and ride-sharing services like Uber and Lyft. The subway system is the most popular and efficient mode of transportation, with 24-hour service and an extensive network of lines that cover much of the city. Buses and trains provide additional options for getting around, while taxis and ride-sharing services are convenient for shorter trips or when you don’t want to navigate public transportation.
What Are Some Things to Do and Places to See in New York?
You can visit Times Square which is a bustling commercial and entertainment hub in the heart of Manhattan. Another great spot is Central Park where you can enjoy stunning scenery, lakes, walking trails, and gardens. Other amazing places you can go to are The Metropolitan Museum of Art, The Statue of Liberty, The High Line, and Broadway.
How Do I Find a Job in New York?
To find a job in New York, you can start by searching online job boards and company websites, attending career fairs and networking events, working with a staffing agency or headhunter, and leveraging your professional and personal networks.
What Is the Weather Like in New York?
New York experiences all four seasons, with hot and humid summers, cool and crisp falls, cold and snowy winters, and mild and rainy springs. Temperatures in the summer can reach up to the 80s or 90s Fahrenheit (about 26-32 degrees Celsius), while winter temperatures can drop below freezing.
What Should I Know About New York’s Culture and Lifestyle?
New York’s culture and lifestyle are rich, diverse, and constantly evolving. The city is home to people from all over the world, who bring their own unique traditions, languages, and perspectives. The pace of life in New York can be fast and frenetic, with endless opportunities for entertainment, dining, and cultural exploration. From the bright lights of Times Square to the eclectic neighborhoods of Brooklyn, New York offers something for everyone.
How Do I Get a Driver’s License and Register My Car in New York?
To get a driver’s license and register your car in New York, you need to obtain a learner’s permit by passing a written test, completing a driver’s education course, passing a road test, providing proof of identity and residency, and paying the required fees. For registering your car, you need to obtain auto insurance, provide proof of ownership and identification, pass a vehicle inspection, and pay the required fees.
What Are the Top Schools and Universities in New York?
Some of the top schools and universities in New York include Columbia University, New York University, Cornell University, University of Rochester, and Barnard College. Some excellent schools are Stuyvesant High School, Brooklyn Technical High School, and Regis High School.
What Are Some Common Mistakes People Make When Moving to New York?
Moving to New York can be exciting, but it’s also easy to make mistakes. Some common mistakes people make when moving to New York include underestimating the cost of living, not doing enough research on neighborhoods before choosing a place to live, not considering transportation options, and not having a job or a source of income lined up before hiring a cross-country moving company.
How Do I Meet New People and Make Friends in New York?
Whether you’re interested in hiking, cooking, or volunteering, there are plenty of community groups and clubs in New York that can help you meet people with similar interests. From pottery to photography, there are plenty of classes and workshops in New York where you can learn new skills and meet new people. Finally, one of the best ways to meet new people in New York is simply to explore the city! Whether you’re taking a walk in Central Park, checking out a new neighborhood, or trying a new restaurant, you never know who you might meet along the way.
What Is the Healthcare System Like in New York?
The healthcare system in the Big Apple is quite comprehensive, with a range of public and private healthcare options available. New York has a large number of hospitals and healthcare facilities, including some of the top-ranked medical centers in the country. The state also has a public health insurance program called Medicaid, which provides coverage for low-income individuals and families.
What Should I Do if I Have Trouble Adjusting to Life in New York?
If you are having trouble adjusting to life in a completely different environment, there are several steps you can take. First, try to reach out to friends or family members for support. You may also want to consider seeking the help of a mental health professional. New York has many excellent therapists and counselors who can help you work through your challenges. Additionally, you can try joining community groups or attending social events to meet new people and build a support network.
