NYC is a Ripoff

According to the Council for Community and Economic Research’s latest report, the cost of living is twice as high in New York as in the rest of the country.

The council collects price data from 307 urban areas and found that for the first three quarters of 2012, the after-tax cost for a professional/managerial standard of living in Manhattan was 225.4 percent of that for the nation. That made Manhattan the most expensive place to live in the U.S., followed by Brooklyn (178.6 %), Honolulu (167 %), San Francisco (163.4 %) and San Jose, Calif. (153.4 %).