Why is New York so expensive?


Why is New York so expensive? New York State has some of the highest taxes in the country, which contributes to a higher cost of living. New York City also has its own local income and sales tax it charges on top of state taxes and other miscellaneous local fees like the mansion tax or co-op flip taxes.


Why is New York so expensive?

New York State has some of the highest taxes in the country, which contributes to a higher cost of living. New York City also has its own local income and sales tax it charges on top of state taxes and other miscellaneous local fees like the mansion tax or co-op flip taxes.