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How to Plan Your Budget When Moving to New York City

For more than a century, New York City has been a popular destination. The scenery has changed, but the city is still known for its diverse culture. You can order Thai food in the middle of the night, and you can get around the city without a car. The city has an endless supply of entertainment. Contrary to popular belief, your everyday life will not resemble a television show. You need a detailed plan and a monthly budget. You need to be prepared for the competitive real estate market.

Monthly Rent

Most New York City residents use a real estate broker. If you need more than one bedroom, you should expect to pay at least $3,800 a month in Manhattan. If you are willing to live in the suburbs, you can find an apartment for less than $2,000 a month.

Utilities and Food

Surprisingly, utilities in New York City are lower than the national average. For a medium-sized apartment, your basic utilities may be less than $150 a month. Your grocery bill might be slightly more expensive in New York City. Restaurant prices are 50 percent higher than the national average.


Besides rent, parking is the most expensive bill for most car owners. In downtown Manhattan, the average parking spot is more than $500 per month. Parking is less expensive in Queens and Brooklyn. If you prefer public transportation, you will pay $121 for a monthly metro pass.

Cost of Movers and Insurance

If you are taking most of your belongings, Cheap Movers NYC ( your moving costs might be more than $1,800. Most residents pay $125 every year for rental insurance. Many standard policies offer $25,000 in coverage.


When you want to be entertained, you can expect to pay $14.00 for a movie ticket. If you like bowling, you can rent a lane for $55 an hour. You can find free entertainment on the subway platforms. On a typical weekend, you can listen to musical performances from local entertainers.

If you are not rich, those numbers might make your head spin. Do not panic. You can move to New York City with less than $5,000. If you are still panicking, here is how you can save $4,000 in a few months. Start freelance writing. You can work from anywhere in the world. Donate plasma and sell some of your belongings. Get a second job. When you have extra money in the bank, start looking for hostels in New York City. Take any job until you find something better. When you find a job, you can start searching for roommates in your favorite neighborhood. You might find a room for less than $1,000 a month.

Most Affordable Neighborhoods in NYC for People on a Budget

Moving to New York City can seem overwhelming at first. In a city of over eight million people, how will you know where you fit in? What neighborhood will be the right one for you? And above all, how will you afford it? Luckily, New York City is a city that is constantly evolving, and there is always a new up-and-coming neighborhood to pursue. With Read More →

What to Know Before Moving from Manhattan to Queens, New York

So you’re planning a move from Manhattan to Queens. Two things are certain: you’ll pay less for rent, but your commute will probably be longer. Moving to a new borough can be difficult, but it can also be exciting. You’ll have a brand-new neighborhood to explore, with restaurants and coffee shops to try. As you plan your move to Queens, here are a few of the major differences to expect between the two boroughs.


Queens has lower rent.

The average rent in Manhattan is $4000 per month. The average rent in Queens, on the other hand, is $2850 per month. Considering that most of the rental agencies in New York City require renters to make 40 times the rent in their annual income, Queens is much more affordable than Manhattan.

The average cost of living tends to be lower overall, although some things will always be expensive because it is New York City.

The commute can be long.

Driving from Queens to Manhattan, a distance of just 16.4 miles, can take 55 minutes on a day with moderate traffic. Of course, there are other ways to get between the two boroughs that are faster. You can put that extra money you save on rent towards using an MTA Express bus to get around the city quickly, or you can take the Long Island Railroad. The commute will vary depending on where in Manhattan you are trying to go.

Astoria is a lot like Manhattan.

Astoria, one of the best Queens neighborhoods, is an urban neighborhood within a 20-minute subway ride of the city. Rent in this area is lower than comparable areas, and it is a popular choice for young people working in Manhattan that don’t want to pay the city’s cutthroat rental rates. Astoria has multiple restaurants, beer gardens, and a nightlife that lasts until around 4 AM.

If the neighborhood doesn’t appeal to you, the Jamaica Estates neighborhood might be a better choice. This area gives a lot more space and privacy, with large yards and many Tudor-style homes. However, this neighborhood is also expensive. Many people move to Jamaica Estates to raise families because of the private schools in the area.

Another popular choice is Long Island City. This area is growing quickly and is as a more affordable Manhattan. If you decide that you need to go to Manhattan, you can just get on the seven train and be in Midtown within five minutes.


Moving out of Manhattan can be an affordable option without the need to sacrifice much in the way of convenience. You just have to know where to look. While many people think Brooklyn is the place to go, Queens is more affordable than Brooklyn and growing just as quickly. For assistance transitioning to this wonderful urban enclave, call one of the best moving companies in NY. Imperial Movers (83 Washington Place, New York, NY 10011, (212) 879-6683) is based in Manhattan and offers exceptional moving services across the NYC metro.

Where and How to Find No Fee Manhattan Apartment Rentals

You don’t get a lot of square footage in Manhattan, New York, for the expensive prices you pay, but what’s worse is broker fees. You’ll have to pay an agent a broker’s fee of approximately 12 to 15 percent of a year’s rent if you hire one to help you. Fortunately, there are ways to find apartment rentals without fees in Manhattan, New York. 1. Read More →