6 Things to Know About Moving to NYC

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6 Things to Know About Moving to NYC
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Relocating to a new place is big – and there are tons of logistics that you need to try and make sense of. That being said, is New York City an option? And what do you need to do to make it happen?

Getting help from cheap moving companies can be a solid first step, but there are a handful of other things that you want to be sure that you know about NYC before moving there.

New York City Can Get Really Pricey to Live In 

The cost of living is really high in New York – it’s one of the highest in the nation. You’re going to paying anywhere from 10% to 50% more on food, amenities, entertainment, and transportation.

On top of that, you’re going to be paying some really high rent – a studio apartment in downtown can be upwards of $1500 to $3000 per month, depending on where you’re living.

Moving to the City Can Take a Lot of Logistical Planning

There are a lot of details that you’ll need to sort out with cheap moving companies in order to get everything sorted out on moving day. It can be really hard to find a place to park and unload, and both movers and those moving can get really frustrated when it comes to getting ahead of potential issues. Find a company experienced with NYC moves and they can help you with the logistics.

You Really Don’t Need to Own a Car if You Live in New York City

If you live in NYC, you don’t need a car at all. This sort of densely populated area is ideal for public transportation, and the city has gotten it down pat.

The Subway and Bus system found throughout NYC (and well into the suburbs) takes some time to learn to navigate, but it makes it really simple to get where you need to go. And, it’s faster than driving to most places.

If you need a car (because you leave the city a lot or have family you visit), you can consider renting a storage space outside of the city so that you can access your car without worrying about damage.

Don’t Delay If You Like an Apartment – Get Your Checkbook Out and Write the Deposit 

Apartments come and go in New York City, and if you like one, you need to get your deposit sorted out the day you see it. Because, if you ask them to wait for you to respond, it’s likely that the apartment will be gone when you call them back. Jump on a good apartment right then and there so that you guarantee that you can move in there.

There are Plenty of Opportunities to Connect with Nature Just By Using the Subway 

People associate New York City with a lot of smog and big, tall buildings. But, since the Subway system goes well outside of the city, you can actually get out of the city and enjoy nature.

Not only that, but there are a number of parks within the city (including the world-famous Central Park) that you can enjoy without even leaving the city limits. So, don’t worry – you can get outside and enjoy nature, even if it’s just for a little while.

Go Short Term or Sublet Your Apartment – Then, You Can Figure Out Neighborhoods More Quickly

Try not to sign a full year lease, if you can. Most of the time, you’re going to be a lot better off if you go ahead and just get a short term lease. New York City is huge, and you may need to try out a few different places throughout the boroughs (and even in the suburbs) to see where you best fit and how you can enjoy living there.

You can always extend your lease if you find an apartment and/or a neighborhood that you fall in love with and decide to stay in.

Explore your options and see if this is a consideration that is going to be right for you and your purposes. Big city living is definitely not for everyone, so working out what it is that you want to do and whether or not it’s a solid choice for your lifestyle is essential before taking that leap.

Find what makes the most sense for your purposes and you’ll be ready to make a decision about your potential move.

What are the Fastest-Growing Neighborhoods in New York City?

If you are relocating to New York City, you know that the city is divided into 5 boroughs, but what you may not know is that, inside those borders, there are hundreds of neighborhoods in which each offers its personalities and amenities.

Not certain where you will find yourself when you move to NYC? Check one of these rapidly developing neighborhoods.

1. Long Island City:

This area is found on the Western tip of Queen and it has rapidly developed into a modern neighborhood. Once packed with rail yards and warehouses, Long Island City is now home to high-rise condos and apartments. Getting around is done by 8 local subway stations and its population is more than 47,000.

Rent prices here are listed at $1,400 per month and up to $4,000 per month on Zillow. While this may appear costly, it is a good deal for the neighborhood and closeness to Manhattan.

2. Dumbo:

An acronym for “Down Under the Manhattan Bridge Overpass”, this neighborhood is found exactly on the East River. It is a calm, laidback area of more than 60,000 people where the price of the apartment is between $2,500 and $5,000 per month.

The easiest way to commute is through the subway and commute times to Manhattan are just 20mins on the F train. While there is not much nightlife in Dumbo, its astonishing natural views are a perfect make-up.

3. Downtown Brooklyn:

You will discover this neighborhood just south of the Manhattan Bridge and exactly in the middle of the borough that has the same name. Almost 63,000 residents are living in this bustling neighborhood, partially thanks to 2004 rezoning rules that enabled new housing spaces.

However, demand in this neighborhood is still high, so you can prepare $1,600 to $3,200 per month as your rent to live in Downtown Brooklyn. There are almost twelve subway stations in the local area, so it is super easy to get around Brooklyn and the greater city area. If you are making a trip to Manhattan, estimate a minimum of 30 minutes to arrive at work.

4. Forest hills:

With a residents’ population of more than 73,000, this neighborhood is a bustling area in Queens that still offers a feel of a small town. It is found in east Grand Central Parkway and also south of the 495 interchanges, and it offers a perfectly different mix of structures, which include Tudor, Deco, Art, and Rustic.

Forest Hills is also fairly cheaper compared to other rapidly developing neighborhoods; rent is often about $1,500 to $4,500 per month. This neighborhood has a lot of foot traffic and one subway station, so a car can be helpful. It takes about 1 hour to get around Manhattan on the subway.

5. Brooklyn Heights:

Formerly referred to as Brooklyn Village and sometimes referred to as America’s original suburb, this neighborhood is found on the East River, south of the Manhattan Bridge. It is a gorgeous place to walk around and that’s because of its beautiful historic architecture, tree-lined streets, and river views.

Its population of 62,000 residents has much to do during the day and on weekends, but nights here are completely quiet. The breezy 25-minute trip from downtown Manhattan on the A, 2, or 4 train is also a perk of this urban paradise. Rents here cost an average of $1,700 to $6,500 per month.

6. Port Chester:

This area is located northeast of the bustling and hustling of New York City proper and its population is almost 30,000. You can easily walk in its downtown area with numerous restaurants and shops.

The train station is also found downtown, and it will transport you to Penn Station in just more than 1 hour. Rent on average starts at about $1,500 to $3,500 per month.

7. Long Beach:

If you are uprooting from a coastal town or want to live closer to the city and the beach, this neighborhood is a great choice. Located towards the south shore of Long Island and home to a population of over 33,000 residents, the city is just 1 hour from Penn Station when you hop on the Long Island Railroad. The average rent in this neighborhood starts from $1,800 to $6,000 per month. 

What’s the Living Cost in New York City?

You may not find it surprising if you are familiar with New York City, but the City That Never Sleeps always ranks first on the list of most expensive cities in America. The cost of living in the Big Apple is 141% more than the country’s average.

And when you look into the cost of living in New York City, the number one thing that pops on your mind is likely to be housing – and it is understandable. High real estate costs in NYC are not a new thing.

The median home price in NYC is $2,105,921, and the median rent is $5,063 per month. 67% of New York City residents are renters, a percentage greater than the total number of people in Los Angeles.

Daily expenses in NYC are also not the cheapest, too. A half-gallon of milk is $1.59, a loaf of bread at $4.18, and 12 eggs are often priced around $2.44. Let’s look into how the living cost in NYC compared with Los Angeles and Chicago.

What’s the Living Cost in New York City?

City

New York, NY

Los Angeles, CA

Seattle, WA

Cost of Living

+141%

+47%

+57%

Average Salary

$53,996

$47,242

$60,258

Median Home Price

$2,105,921

$816,174

$824,117

Median Rent

$5,063/month

$2,820/month

$2,650/month

How do I Commute Around NYC?

One of the advantages of living in NYC is that there is numerous public and private transportation. Usually, a personal car won’t be needed, and having one might even be a burden because of tough traffic jams and limited parking. New Yorkers’ average commute time is 37 minutes.

Some New York residents prefer to commute in the city’s buses and subways as their main mode of transportation; public transportation is not only cheaper than getting around by car, it is usually faster with traffic.

Going from lower Manhattan to Rockefeller Plaza takes just 15 – 20 minutes by subway during rush hour as estimated by Google Maps, while a similar journey in a car or taxi can take almost an hour.

If you buy an unlimited Ride MetroCard, you can for as many times as you would like to use the Metropolitan Transportation Authority (MTA) buses and subways for a flat weekly or monthly fee. The weekly pass goes for $33, while a monthly pass costs $127.

If you are not up for taking the subway, ridesharing apps and taxis are also available. Prices can vary for each, and each charges drivers differently. For instance, Uber makes use of surge charging during rush hour, while taxis can charge an expensive rate if the vehicle is forced to move slowly due to traffic. The city has also joined forces with Citi Bike to implement a bike-sharing system with more than 13,000 bicycles.

Frequently Asked Questions 

Is it worth it to move to New York City?

It depends. If you’re looking to advance your career or you just love the city, then it is definitely worth your time to take a look and see if New York City is the right place for you to land your feet. People who prefer a slower lifestyle in a rural area will find that they prefer just visiting; but lots of people love NYC and enjoy living there, too.

Could you get the NYC experience by living in the suburbs? 

Possibly. Many people opt to live in the suburbs because they know that it’ll be a little slower paced. It also gives them simpler access to things outside of the city, since they can come and go a little more quickly and reliably than if they lived in one of the boroughs.

What’s the price of moving to NYC? 

It can cost quite a bit of cash, all depending on what you need to do. If you hire movers, you’ll have to pay some specialized rates so that they can get you moved in while being parked on a busy street.

You’ll likely need a broker fee and a security deposit so that you can get the apartment that you want. Then, you want to have a budget that actually matches what you’ll be paying in NYC – which can be a lot more than what you’d pay in pretty much any other city in the United States (except San Francisco, Chicago, and a couple more similar cities).

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