How much does it cost to raise a family in Manhattan?

Budget $750k of family income to raise one kid comfortably (for you and the kid), plus $250k/yr per additional kid. It may sound high, but the truth is that with such an income you will barely be in the comfortable portion of Manhattan’s middle class.

Can you raise kids in New York?

Raising kids anywhere isn’t cheap, but the cost of raising a child in NYC is above average. If you’re looking for an affordable place for your children to grow up this could present a challenge, but smart budgeting and choosing the right borough or neighborhood can make it possible.

Is New York City good for families?

While you may not see it on TV, NYC can be a fantastic place for raising kids of all ages where they’ll be surrounded by parks, culture, diversity, and all kinds of learning experiences. Is every neighborhood a great fit for families? But there are pockets throughout the city that many families will find just right.

How much does it cost to live in Manhattan?

Renting in Manhattan is also costly, with the median rent resting at $1,500 per month, not including utilities. Again, the cost of living in Manhattan varies wildly depending on the area of the city you are in.

What is it like living in New York City?

New Yorkers are some of the most welcoming, loving people in America. They also want you to get the heck out of their way. Manhattanites know where they are going, and seriously own the streets of the city.

What are Manhattan’s demographics?

Manhattan’s demographics illuminate the city’s incredible level of diversity. Manhattan is about 45\% Caucasian, with 27\% of residents identifying as Hispanic, 15\% as Black and 10\% as Asian. Manhattan is renowned for welcoming residents of all sexual orientations and gender identities.

Is there a place in Manhattan for You?

No matter your background, language, financial status, or family size, there is a place in Manhattan for you. Manhattan is home to the elites of the Upper East Side, post grads who stayed in town after graduating from NYU, young professionals starting their careers and the CEOs that run Wall Street and everything in between