Monday, February 9, 2009

The six-figure middle class

This article about the high price of living in NY is frightening.
Some of the study's scary findings:
  • A New Yorker would have to make $123,322 a year to have the same standard of living as someone making $50,000 in Houston.
  • In Manhattan, a $60,000 salary is equivalent to someone making $26,092 in Atlanta.
  • The average monthly rent in New York is $2,801, 53% higher than San Francisco, the second most expensive city in the country.

(NY Daily News; image by Andy Warhol)

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