Quick Answer: Is It More Expensive To Live In NYC Or LA?

Is LA or NYC bigger?

The City of Los Angeles is approximately 472 square miles in size, with a population of 3,694,820.

The City of New York is 304 square miles in size, and has a population of 8,008,278.

More than half of the land area of New York City exhibits a population density greater than 15,000..

How much does an apartment in New York cost?

According to the Corcoran Group, the real estate brokerage, the median price of all apartments in Manhattan is now $916,000. The median price of a one-bedroom apartment in Manhattan is $710,000.

Can you live in NYC on 40k?

Yes you can, you won’t live the life of luxury and you won’t be living on the island, but you can work and live in the five boroughs of NYC on that salary. … My first job wasn’t much more than 40k and it was hourly non salary pay without benefits.

Is LA more dangerous than NYC?

Taken head-to-head, L.A. has a higher murder rate than New York (seven homicides per 100,000 people versus four) and experiences more robberies and burglaries — in the latter case, nearly twice as many. Perhaps the best qualified individual to compare crime in the cities is Bratton, a former LAPD chief.

What salary do you need to live in NYC?

To live a comfortable and satisfying lifestyle in New York, even when you have roommates splitting the cost, a yearly income of $50,000 or more is ideal.

Is LA traffic worse than NYC?

La-La Land drivers spent 102 hours in peak-hour traffic jams last year, costing each person $2,828, the survey showed. New Yorkers and Muscovites sat in jams 91 hours on average last year.

Is it really expensive to live in New York?

How Expensive Is it to Live in New York City? Life really does cost more in New York. To be precise, the cost of living in Manhattan was 148% higher than the average cost for major U.S. cities in 2019. Manhattan takes the number one spot as the most expensive, according to a Kiplinger survey.

Can you live in NYC on 50k a year?

“I definitely think you can live comfortably on a salary of $50,000, even in New York City,” says Haskins. “It’s an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it’s totally doable.”

What is the biggest city in USA?

New York CityPopulation Notes: According to the World Population Review, the population of New York City is expected to reach 9 million by 2040 and is the largest city in the U.S. New York City also has the highest population density in the U.S.

Who has a bigger population California or New York?

On the basis of civilian residents alone, New York remains the largest state. Its population of 17,870,000 civilians on July 1 was slightly ahead of California’s 17,749,000. The total population figures released by the Census Bureau included members of the armed forces who are stationed in the states.

How much money should I save before moving to NYC?

Therefore, $3,000 prepared for renting in NYC is an appropriate amount of money to save prior to moving. Depending on your own needs, the actual amount may differ, but New Yorkers (or renters in any high-demand markets) should, at an absolute minimum, save 3 months of rent prior to moving.

What salary do you need to live in Manhattan?

But if you are defining middle class by lifestyle, to accommodate the cost of living in Manhattan, that salary would have to fall between $80,000 and $235,000. This means someone making $70,000 a year in other parts of the country would need to make $166,000 in Manhattan to enjoy the same purchasing power.

Is NYC or LA better?

But when it comes to fast food, New York is the winner. LA has farm-fresh, healthy food options daily, but nowhere near the number of lost-cost eats that NYC offers. For dining out, LA is the winner, but this may have something to do with the level of alcohol consumed with a meal in NYC compared to LA.

Is 80k a good salary in NYC?

You can do quite well in NYC with 80k/year depending. If you’re sharing an apartment you’ll have a lot more buying power, but 80k won’t put you in the lap of luxury. … If you’re sharing an apartment you’ll have a lot more buying power, but 80k won’t put you in the lap of luxury.

What percent of New Yorkers live in NYC?

64%Roughly 64% of the state’s population lives in the New York City metropolitan area and 40% in New York City alone.