Should you leave NYC in 2020?
2019 might not have been everyone’s year. A lot of things happened in both the public and private lives of people that when 2020 arrived around the corner, everyone was pretty optimistic. However, one of the cities that suffered the most during 2019 was New York. Over the last decade, estimates say that over one million people left the Big Apple and the nearby area. This is around 300 people each day leaving the city! Although this might be good for reliable New York movers because it means more business, we still need to worry about our city! Why are people feeling tired of New York? Is there something seriously wrong going with it? In this article, we examine if you should leave NYC in 2020 as well – or if this majestic city is still great for you to stay here!
Understand the numbers before you leave NYC in 2020
The first thing you need to realize before you jump the bandwagon of people feeding this busy, busy metropolis is that it is not alone! Interstate movers New York aren’t the only people trying to figure out all of these moves! Instead, a lot of metropolitan areas all over the country are facing the same, or similar, problems. Los Angeles, Chicago, Washington, D.C., as well as San Francisco, have suffered a population loss, not unlike New York has!
But these giants aren’t the only ones! Connecticut has been plagued by people leaving it too, mainly from Hartford, Bridgeport, and New Haven! However, although this trend of leaving bigger cities has been spreading, New Jersey, New York, and Connecticut seem to have struggled the worst. These are actually three of the top states people are leaving!
Before you decide to leave NYC in 2020, though, you need to understand why this is happening. Only by figuring out the reasons for it can you see whether they apply to you or not. If they do affect you in a major way, then you might want to pack up your bags and call us as soon as possible! If not, then New York City is still an amazing place full of opportunities – and you will keep living there just fine!
What are the biggest problems for the residents?
When you want to examine why people are leaving a city, you first look at the main issues the residents face. When it comes to New York City, though, the main issues are the cost of living, the crumbling infrastructure as well as the tax rates that some people consider quite high. The estimates form the beginning of 2020 say that a four-person family will pay, without rent, around $4,700 per month. Meanwhile, a single person will pay around $1,250 per month, excluding rent.
When it comes to paying the rent, these numbers jump up easily. 1 bedroom in the City Centre is from $2,450 to $4,000 each month, while those living outside of Downtown will pay from $1,590 to $2,500. If you up the number of bedrooms by two, to a total of three, you will pay from $4,500 to $9,000 in the City Centre, and from $2,500.00 to $5,000.00 on the outskirts.
If these are the numbers you cannot meet, then you might want to leave NYC in 2020. However, there are many clever ways that you can avoid spending so much on rent! One of the main things you can do is getting a roommate. This is the biggest helper to people in New York – and there might not be a New Yorker who didn’t spend their time sharing an abysmally small apartment with another person! However, it is a part of the New York charm. If you consider it in this way, then leaving NYC might be far from your mind!
The workforce might be a reason to leave NYC in 2020
Another reason why people might want to leave NYC in 2020 is that finding work seems to be difficult. Now, there is a big distinction to make here. Living in New York City means you will be able to find a job with ease. That will probably never change. The city is huge and someone will always need an extra pair of hands. However, finding a job that is able to pay you enough to cover the high rent and high taxes is where things start to get interesting.
Another way of dealing with the rent that we didn’t mention is moving away from Manhattan. Many people realized that moving to Brooklyn, for starters, costs less – and thus they moved away. But as the gentrification reached the borough, they started moving out of the city and into the suburbs, opting to commute for work. What this meant for the workforce, however, is that a huge chunk of the population left the buzzing metropolis.
Because of it, offices and companies opted to shift their own workplace further out of the city. Commercial movers NY helped countless of businesses set up shop further away from the New York City area, and closer to the suburbs. This way, they also avoid the high office space rent. However, it creates a cycle of people then leaving New York once again to commute easier, and the businesses following further.
To conclude, living in New York City always came with its set of difficulties. You might consider that the cost of living is pretty high, you might hate the taxes or the rent might just kill your prospects of living in the city altogether. This should not encourage you to leave NYC in 2020, though! The city offers many amazing things that you can experience and do, and it would be a shame throwing this away. However, if you feel the pressure to move, then moving to the outskirts might be a great option. That’s when you should contact us and set up your move!