According to a Brooklyn Daily Eagle article, Brooklyn is the second most expensive place to live in the entire country!
Brooklyn is the second most expensive place to live in the entire country — topped only by Manhattan — according to a just-released report.
It’s not the pricey grilled cheese sandwiches ($11 for one with truffle butter and duck fat) or artisinal mayonnaise — it’s all housing, according to the Washington-based Council for Community and Economic Research.
Just behind Brooklyn: Honolulu, San Francisco, San Jose, Queens, and Stamford Connecticut.
The group’s evaluation is based on the cost of people who enjoy “a professional-managerial standard of living.”
The council ranks 300 American cities based on a variety of factors including prescription drug prices, utilities, transportation, grocery prices, as well as housing. Using the number 100 to represent the national average, Brooklyn ranked at 183.4 overall — 129.9 in grocery items, 126.4 in utilities, 104 in transportation costs and 111.1 in healthcare costs, and a whopping 344.7 in housing. Manhattan’s average was 233.5.
Read the full article here.
If you have questions about this blog post or real estate in general, call Bayview Estates Realty at (516) 777-0146 to speak with a knowledgeable real estate agent.