Cost of living in Brooklyn
Brooklyn, a vibrant borough of New York City, is known for its diverse culture, historic neighborhoods, and bustling lifestyle. Understanding the cost of living in Brooklyn is crucial for anyone considering moving to or residing in this dynamic area.
The cost of living encompasses various aspects such as housing, transportation, groceries, and more, which are essential for budgeting and financial planning.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $15 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $100, with prices ranging from $75 to $150.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $12, with a range between $10 and $15.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $7 to $10, imported beer $7 to $10, cappuccino $3 to $7, and Coke/Pepsi $2.5 to $3.
Grocery Prices
- Milk - Milk is priced between $0.79 and $1.85 per liter, averaging $1.42.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.2 and $7.17, with an average price of $4.58.
- Eggs (Dozen) - A dozen eggs range from $2 to $6, averaging $4.63.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.98 to $11.02 per kg, while oranges range from $2.2 to $11 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $2.18 and $8.8 per kg, and lettuce costs $1.75 to $3.29 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $2.8 and $2.9, with a monthly pass priced between $127 and $132.
- Fuel (Gasoline) - Gasoline is priced between $0.89 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $2.17 to $3.11 per km and $42 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $2500 to $4300, averaging $3278.57.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2000 to $3150, averaging $2378.13.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $5000 to $10000, averaging $6150.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2950 to $7500, averaging $4204.17.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre ranges from $11840.3 to $16210.45, averaging $14732.21.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter ranges from $8072.93 to $10763.91, averaging $9239.02.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $237.88, averaging $151.74.
- Internet - Internet services range from $40 to $100, with an average cost of $69.38.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
Restaurants
Restaurants
Markets
Markets
Transportation
Transportation
Rent Per Month
Rent Per Month
Utilities (Monthly)
Utilities (Monthly)
Sports And Leisure
Sports And Leisure
Clothing And Shoes
Clothing And Shoes
Buy Apartment Price
Buy Apartment Price
Salaries And Financing
Salaries And Financing
Childcare
Childcare
"Key Takeaways"
Brooklyn's cost of living is notably high, particularly in terms of housing and dining. Rent prices in the city centre are significantly higher than those outside the centre.
Transportation costs are relatively moderate, with public transport being a viable option for daily commuting.
Grocery prices vary, with some items like fresh produce and dairy being more expensive than the national average.
Conclusion
Living in Brooklyn offers a vibrant urban experience, but it comes with a high cost of living. Prospective residents should budget carefully, especially for housing and dining expenses.
Utilizing public transportation and exploring local markets can help manage costs effectively. Overall, Brooklyn remains an attractive location for those who can afford its lifestyle.