GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost Of Living In Nyc Per Month

The average cost of living in NYC per month is around $4,000 to $5,000, depending on various factors such as rent, utilities, transportation, and groceries.

In this post, we will explore the average cost of living in NYC per month based on various essential expenses and lifestyle choices. From household supplies to dining out, utilities, transportation, rent, and leisure activities, we will break down the statistics to provide a comprehensive view of the financial landscape for individuals residing in the bustling city of New York.

Statistic 1

"Household cleaning supplies cost around $50 per month."

Sources Icon

Statistic 2

"Average monthly dining out expenses are around $300."

Sources Icon

Statistic 3

"Monthly utilities including electricity, heating, cooling, water, and garbage cost around $120."

Sources Icon

Statistic 4

"Dry cleaning services typically cost around $50 per month."

Sources Icon

Statistic 5

"Monthly personal care items cost approximately $75."

Sources Icon

Statistic 6

"The average monthly transportation cost (including subway and bus) is approximately $127."

Sources Icon

Statistic 7

"Monthly groceries for a single person in NYC cost about $400."

Sources Icon

Statistic 8

"The average rent for a one-bedroom apartment in Manhattan is around $3,500 per month."

Sources Icon

Statistic 9

"The average cost of parking fees in NYC is about $400 per month."

Sources Icon

Statistic 10

"Internet service in NYC costs roughly $60 per month."

Sources Icon

Statistic 11

"The average monthly childcare cost in NYC is around $2,000."

Sources Icon

Statistic 12

"Monthly pet care expenses average around $100."

Sources Icon

Statistic 13

"The average monthly student loan payment is around $200."

Sources Icon

Statistic 14

"The average cost of health insurance in NYC is approximately $450 per month."

Sources Icon

Statistic 15

"The average monthly entertainment and leisure expenses are about $150."

Sources Icon

Statistic 16

"The average cost of living in NYC per month for a single person is approximately $4,100."

Sources Icon

Statistic 17

"Monthly gym membership fees in NYC average about $95."

Sources Icon

Statistic 18

"Average costs for monthly mobile phone plans are about $70."

Sources Icon

Statistic 19

"Monthly expenses on clothing average about $200."

Sources Icon

Statistic 20

"The average price for a basic dinner out in NYC is around $20 per meal."

Sources Icon
In conclusion, the average cost of living in NYC per month for a single person amounts to approximately $4,100, taking into account various essential expenses such as rent, groceries, transportation, utilities, dining out, childcare, healthcare, entertainment, and more. Breaking down these figures, the highest costs include rent at $3,500, childcare at $2,000, and health insurance at $450. On the other hand, lower monthly expenses like dining out at $300, household cleaning supplies at $50, and pet care at $100 also contribute to the overall cost. These statistics highlight the significant financial commitment required to live comfortably in New York City and serve as a valuable reference point for budgeting and planning purposes.

Can You Trust Our Report?

The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.

Learn more about our process here.

... Before You Leave, Catch This! 🔥

Your next business insight is just a subscription away. Our newsletter The Week in Data delivers the freshest statistics and trends directly to you. Stay informed, stay ahead—subscribe now.

Sign up for our newsletter and become the navigator of tomorrow's trends. Equip your strategy with unparalleled insights!