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Metropolitan New York City
Reply to "Potential move to NYC with Kids"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This is DCUM so people are going to say that you need $300k+ HHI to raise a family in NYC and that you need to send your kids to private. Neither are true. If you really want to live in NYC it’s completely possible to live in a 2BR rental & send your kids to the local public[/quote] Do you live in there on under a 300k HHI? Please share your expenses then. [/quote] Not PP but the median HHI there is only $127k.[/quote] A lot of people here are young and just starting out, bunking with four roommates and taking advantage of free lunches at work. A lot of people (including almost everyone I know) move to the suburbs once they have kids. It’s just so expensive to raise children here, and honestly gets tiring after a while. I’m a big law partner and even at that income a majority of people move to the suburbs. [/quote] Interesting. The only way I’d think it’d be more expensive is rent. Kids can go to public (including pk3 & pk4, which the suburbs don’t have) and share a room.[/quote] Groceries are insanely expensive here, as are nannies (and if you have the type of job that lets you afford a 2- or 3-bedroom here, you likely don’t work a strict 9 to 5 so you do need a nanny). It’s difficult to corral young kids through a crowded subway if you need to go anywhere, but Ubers cost a fortune. It can be difficult to be crammed into a 1500 square foot apartment with no outdoor space or storage. Restaurants and other social outlets aren’t particularly kid friendly, and all the playgrounds are small hard tops surrounded by busy streets. There aren’t a lot of kid centric activities around, like trampoline parks etc. It’s possible to make it work, of course, and it’s probably easier once your kids are older, but it’s not the ideal situation for a lot of people. [/quote]
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