Expending about 80% of the income on house rent is something most of the people in New York City have to put up with. For a city as famed and as grand as NYC, this isn’t exactly a matter of honor. Regardless of how you perceive it, living in NYC is extremely expensive.
This housing crisis in NYC also reminds me of this aged adage. Here’s how it goes; you’re only paying for location. And no matter how you slice it, New York City is a preeminent location that supports career development, is as diverse as it can get and is home to a plethora of cultures from all around the world. But then again, it’s equally paramount to be honest with yourself and have a concrete understanding of your finances. Housing and transportation take the most out of our income and thus, there’s no point moving into a pricey house with exorbitant rent and eating ramen for the rest of your life.
So here we are, with a few relevant apartment hunting tips to make the process less of a nightmare.
- Begin your search ahead of time: Moving into NYC is a big move. Please don’t begin looking for an apartment a night before. It’s important that you feel comfortable and safe in your neighbourhood. Thus it’s pivotal that you physically investigate your locations of interest at least a month in advance.
- Nothing’s better than knowing your budget: The cost of living in New York City is significantly higher than most other cities in the USA. Leveraging an online Cost-of-Living calculator would greatly help you determine how much more money you’d need to maintain the same standard of living in NYC. You need to make sure that your anticipated income would be able to cover up your basic expenses.
- Don’t even think of living alone: Even having multiple roommates is fine. However hard living with other adults is, it keeps your rent low and splits your utility costs. Having your costs cut in thirds totally makes up for the inconvenience.
- You might as well trade a longer commute for sizable savings on rent: Transportation in NYC is solid. Subways run 24/7, all through the year, taxis are easy to find and the bus system is adept. You can also commute with OurBus, a hotshot commute service to save on the unwarranted rent and your regular commute expense. OurBus owned buses run on all the major routes covering a number of commuter and intercity routes such as Binghamton to NYC, NYC to DC, Ithaca to NYC, NYC to Binghamton, etc. Look for your preferred route here: https://www.ourbus.com/