Manhattan and Brooklyn Highest Cost of Living Nationwide

Manhattan and Brooklyn are the most expensive places to live in the United States, according to research from the nonprofit Council for Community and Economic Research.
Manhattan and Brooklyn Highest Cost of Living Nationwide
Courtesy of the Council for Community and Economic Research
Zachary Stieber
Updated:
<a href="https://www.theepochtimes.com/assets/uploads/2015/07/20120313midtown+Manhattan+skyline+_Chasteen_IMG_9946.jpg"><img class="size-large wp-image-287730" title="20120313midtown+Manhattan+skyline+_Chasteen_IMG_9946" src="https://www.theepochtimes.com/assets/uploads/2015/07/20120313midtown+Manhattan+skyline+_Chasteen_IMG_9946-676x443.jpg" alt="A view of Midtown Manhattan from Queens in March of 2012" width="590" height="387"/></a>
A view of Midtown Manhattan from Queens in March of 2012

<a href="https://www.theepochtimes.com/assets/uploads/2015/07/20111218Manhattan+SkylineBenC_4544.jpg"><img class="size-medium wp-image-287732" title="20111218Manhattan+SkylineBenC_4544" src="https://www.theepochtimes.com/assets/uploads/2015/07/20111218Manhattan+SkylineBenC_4544-676x434.jpg" alt="A view of the Brooklyn Bridge and the Manhattan skyline as seen from Brooklyn from early 2012" width="350" height="225"/></a>
A view of the Brooklyn Bridge and the Manhattan skyline as seen from Brooklyn from early 2012

The mid-management standard is not the same thing as middle class, notes the manual. The standard is for households of two spouses and one child, with both spouses holding college degrees and at least one having “an established professional or managerial career with a record of growing responsibility and authority, and being salaried rather than paid by the hour.”

In most locales the mid-management household annual income will be $70,000 to $100,000, though it may be lower in some places and higher in “traditionally high-cost places like New York, Boston, San Francisco, Los Angeles, and San Diego metropolitan areas.”

The national average for the cost of living index in 300 urban areas was 100. Manhattan scored 233.5 and Brooklyn 183.4. Queens was sixth with a 151.4 index for the second quarter of 2012.

In the first-quarter report, the council compared grocery costs. Manhattan ranked third most expensive behind Kodiak in Alaska, and Honolulu in Hawaii. Manhattan was the second most expensive place for a T-bone steak ($14.99) behind Minneapolis, Minn. ($15.49)

Comparing Housing

<a href="https://www.theepochtimes.com/assets/uploads/2015/07/Capture.jpg"><img class="size-medium wp-image-287734" title="(Courtesy of the Council for Community and Economic Research)" src="https://www.theepochtimes.com/assets/uploads/2015/07/Capture.jpg" alt="(Courtesy of the Council for Community and Economic Research)" width="350" height="181"/></a>
(Courtesy of the Council for Community and Economic Research)

 

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
twitter
truth
Related Topics