Why Long Island Could Be a Budget-Friendly Alternative to Living in Manhattan
The Cost of Living
Long Island has a cost of living that is 28% lower than Manhattan, making it a more budget-friendly option for those looking to move. Everything from housing to groceries and utilities is more affordable on Long Island compared to living in Manhattan.
Housing Costs
Housing is one of the most substantial expenses for anyone living in New York City. In Manhattan, the median home price is around $1.2 million, while in Long Island, the median home price is around $500,000. Rental costs are also lower on Long Island, with the average rent for a one-bedroom apartment at around $1,800, compared to $2,500 in Manhattan.
Transportation Costs
Commuting on Long Island is also more affordable than in Manhattan. While a monthly unlimited MetroCard costs $127 in Manhattan, taking the Long Island Rail Road or buses is significantly cheaper. A monthly Long Island Rail Road pass costs less depending on where you travel from.
Grocery and Dining Costs
Grocery and dining costs are also lower on Long Island, with access to stores like Aldi and Trader Joe’s for affordable groceries, as well as a wide range of affordable dining options.
Advantages of Living on Long Island
Living on Long Island offers many other advantages besides being budget-friendly. The area offers some of the best beaches in the country, as well as scenic areas like the Hamptons, Fire Island, and Montauk. For nature enthusiasts, there are also plenty of parks and trails to explore.
Close Proximity to Manhattan
Living on Long Island also allows for easy access to Manhattan for work or entertainment. Commuting by train or car is possible and easier than commuting from other suburban areas. Additionally, when not working, there are plenty of cultural events, museums, and entertainment options to enjoy in the city.
A Relaxed Pace of Life
Living on Long Island also allows for a more relaxed pace of life. With more space and a tight-knit community, there are plenty of opportunities to get involved in local events and meet new people.
Conclusion
Overall, Long Island is a budget-friendly alternative to living in Manhattan, offering lower costs of living, while still allowing access to the city’s benefits. Access to beaches, parks and trails, a tight-knit community, and more relaxed pace of life are additional advantages of living on Long Island. If you’re planning to move to New York, be sure to consider Long Island as an excellent option for your new home.