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How much does it cost to live in Greenpoint? ›

Cost of Living in Greenpoint, Brooklyn

For one-bedroom apartments in Greenpoint, the median rent is about $2,600. By comparison, it is $2,500 in Park Slope and around $3,600 in DUMBO. In Greenpoint, the cost of living has risen over the years as the boom in nearby Williamsburg has expanded to other neighborhoods.

This metro area ranks 54th out of 273 U.S. cities in cost of living. According to C2ER (Council for Community and Economic Research), the cost of living in Brooklyn is approximately 107.6% of the national average cost of living, classifying it as an average city in the United States.

With a salary of $75,000 a year, you can live comfortably in New York. For a single person living in Brooklyn, a rough monthly budget would look like this: Housing. You can consider renting a shared room with one roommate for $950 per month or renting a studio apartment for $3,000.

In 2022, Greenpoint/Williamsburg was the city's 10th largest neighborhood by population out of 59 neighborhoods. It has the 49th largest proportion of nonwhite population, the 13th highest median income, and the 10th most expensive rents of the city's 59 neighborhoods.

Tribeca. Located on the southwestern corner of Manhattan, Tribeca (“Triangle Below Canal Street”) consistently ranks as the most expensive neighborhood in NYC, according to several sources. Best known for its stylish industrial lofts and charming cobblestone streets, residents here enjoy a hip and upscale neighborhood.

While still expensive, Brooklyn is much cheaper than Manhattan, and you get better value for renting space.

Well, to lead a comfortable lifestyle in New York, a good salary between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax) is more than enough. With this income, you're looking at a monthly net salary between $5,966 and $8,286, which allows you to cover your expenses and have savings.

A $50,000 income in New York City is about $3,281 per month after taxes. With some planning, you can live quite comfortably in NYC on that income, and many people do. If you're ready to relocate, call the experts at All Around Moving Moving, and we'll take care of all of your moving needs.

Is $40,000 enough to live in New York? ›

For single people without children, an annual after-tax income of just $40,000 can be enough to live comfortably. With this level of income, you can afford to rent a studio apartment or Coliving in affordable and convenient areas of New York City, such as Washington Heights, Inwood, or Harlem.

Greenpoint is a neighborhood in New York City, New York with a population of 39,516. Greenpoint is in Kings County and is one of the best places to live in New York. Living in Greenpoint offers residents a dense urban feel and most residents rent their homes.

Overview for Greenpoint, NY

37,486 people live in Greenpoint, where the median age is 34 and the average individual income is $62,968. Data provided by the U.S. Census Bureau.

Findings reveal that Greenpoint, a long-standing center of the Polish ethnic community in New York City, is experiencing rapid gentrification resulting in displacement of area residents.