Cost of living.

Dima343
Sun, 25 Mar 2007 14:16:50 +0000

That’s true, living in New York City does cost about twice as much as places like Hoston or Dallas, but that’s made up for with higher salaries. Minimum wage in the state of New York is significantly higher than the federal minumum as well. There are poorer neighborhoods, especially in the outer boroughs where thoe who can’t afford rent most places in Manhattan live. There are also areas with subsidized housing (“projects”). Most students and young professionals either share small apartments or commute, often from New Jersey. I know someone who will be working in Brooklyn who is going to be living in Hoboken next year. That is definitely an important thing to remember before taking the big job in NYC, a lot of that mone will go to living expenses and taxes, significantly higher in NY than in most other places in the country.