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But what about the people who call New York City their home?
How much do they pay for the privilege of living in one of Americas most dazzling and bustling cities?
Manhattan
New York Citys priciest borough stands out for its attractions.
Manhattan is where youll find the Statue of Liberty, Central Park and the Empire State Building.
Manhattan is also the headquarters for many financial companies, including Goldman Sachs and J.P. Morgan.
However, living here comes at a heavy price, as evidenced by its high rents.
Brooklyn
Located south of Manhattan, Brooklyn has its own vibe.
It offers plenty of outdoor spaces, like Coney Island and Prospect Park.
Youll also find quirky restaurants, bars and fun nightlife spots to dance the night away.
While Brooklyn rents arent quite as expensive as Manhattans, theyre certainly not cheap.
Fans of the New York Mets will be close to the teams home stadium.
Rents are slightly cheaper than in Brooklyn, making it a bit more affordable for cost-conscious residents.
Residents enjoy lower rents and a cheaper cost of living than most of the other New York City boroughs.
Fortunately, Staten Island provides an alternative.
However, expect lots of traffic if you commute to another part of the city for work.
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