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The Expensive Life In Big Apple
The
skyrocketing
living
costs
and
stagnant
wages
make
the
life
of
the
middle
class
tiresome.
It
says
that
a
New
Yorker
would
have
to
make
123,322
dollars
a
year
to
have
the
same
standard
of
living
as
someone
making
50,000
dollars
in
Houston.
The
average
monthly
rent
in
New
York
is
2,801
dollars,
53
per
cent
higher
than
San
Francisco,
the
second
most
expensive
city
in
the
country.
A New Yorkers has to pay about 34 dollars a month for phone service in 2006, while similar service in San Francisco cost 17 dollars a month. The full-time day care costs or tuition fees can run up to 25,000 dollars a year for one child. It may be even higher according to the neighborhood standards.
This
deteriorating
quality
of
life
compelled
hundreds
of
thousands
of
New
Yorkers
to
flee
the
city
for
cheaper
areas
during
the
boom
years
from
2002
to
2006.
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