Living In Any New York Borough Now Requires A Six Figure Income

Living In Any New York Borough Now Requires A Six Figure Income Living in New York City without financial assistance now requires a six-figure income in every borough, according to Bloomberg. The Fund for the City of New York’s latest “self-sufficiency standard” shows that in 2026, a family of four with two school-age children needs about $133,000 a year to cover basic expenses without outside help. Still, 46% of households fall short of that level. A separate report from Mayor Zohran Mamdani’s office found that economic strain is even more widespread. In...