The NY Times looked at some numbers from the Bureau of Labor Statistics that showed income dispartiy between Manhattan and the other boroughs. When looking at salaries adjusted by inflation, Manhattan salaries have increased while in the other boroughs, salaries have decreased. Cost of living expenses, like rent and utilities, have outpaced many raises that outer borough residents do get. A Crown Heights resident, whose rent went up 11.8% (from $850 to $950), told the Times he felt "priced out of Brooklyn, where I was born and bred...I feel disgusted. I feel like the 'Sex and the City' set has taken over, spending most of their money on rents, which puts pressure on the rest of us." And relative to the rest of the country, the Bronx, Brooklyn, Staten Island and Queens were doing worse with lower wage increases and higher inflation, which might very well be why NJ and even Pennsylvania is looking better and better.
Of course, the borough comparison doesn't really speak to overall income disparity between the classes (hello, two New Yorks). We're going to discount the Manhattan data, because we feel the highest tier of earners is skewing the facts a little, because these issues face a lot of New Yorkers - your rent goes up 10%, but you're not getting a 10% raise to go along with that; your work doesn't cover as much of your health insurance anymore; the mayor imposes another 50 charge on cigarettes; it goes on. Where will it end?





You can spend $1,000/month for a dumpy 1 br in a dead NJ town + the most expensive car insurance in the country, or $950/month for a 1 BR in Brooklyn with no car expenses.
New Jersey is the most expensive rental market in the country, so there's no cheap place for anybody to live in the Metro area. That's why so many kids from NJ just end up in NYC anyway, probably not helping the whole Brooklyn rent increase problem.
Of course everyone else has to uhhh... leave the region forever, which is happening a lot from the people I talk to.
The article fails to make clear what the data source is, and if it is data for those living in Manhattan or working in Manhattan.
My guess is it is those working in Manhattan, taken from Employment and Wages (ES202) data.
Most of the best paid people in the outer boroughs (and the suburbs) work in Manhattan. That is because of the type of job in Manhattan (high paid finance, professional and media industries) and the need to compensate people for the high cost of housing/long commute. Even restaurant workers in Manhattan earn more than those elsewhere, on average.
Many of the jobs actually located in the outer boroughs are retail and service jobs, which tend not to be well paid. The highest paid jobs in the outer boroughs are government jobs. But because the headquarters of most local government agencies is in Manhattan, that is where they are counted, although the jobs are elsewhere.
I moved out of nyc 17 plus years ago-to the NW primarily because of environmental burnout. But short of being very wealthy, I would never move back.
I also hear a lot of kids back in the nyc/nj area end up living with their parents due to the cost of living.
Once you leave you can never come back, because you will be totally priced out.
lol
monthly guessing =
1200/ rent
? phone-landline
? cell
? utilities
? cable
? internet
? food (ramen for you = high blood pressure)
300/ average crap car pymt
200/ car insurance (if you are a decent driver)
125+/ unleaded gas monthly (you need a car)
220+/ monthly train pass to get to work in nyc
80 metrocard
6+ toll to visit friends in nyc