GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
The general cost-of-living statistics were based on factors including everything from utility bills to healthcare.
GOBankingRates found the average housing cost for New Yorkers to be $20,695 a year.
GOBankingRates estimates the average annual cost of healthcare to be $8,174.
You should also be aware that many places in New York have above-average income taxes and sales taxes.
GOBankingRates estimates youll pay around $5,304 a year on transportation alone living in New York.
Even when it lowers to $51,573 after you factor in Social Security, this is still quite substantial.
All data was collected and is up to date as of January 8, 2024.
More From GOBankingRates
Share This Article:
The Latest inRetirement
