How much does it cost to live in New York City?

How to plan a budget for housing in New York, we will explain in this piece.

The cost of living in New York City is one of the highest in the United States. But there are plenty of cheaper options: hotels, motels, youth hostels, bed and breakfasts, university rooms. As a last resort, you can spend the night at the Port Authority Bus Terminal (buy the cheapest ticket and go to the waiting room).

Hostel prices in New York City start at 50 USD. Here are a few popular hostels:

  • HI NYC Hostel ( 891 Amsterdam Avenue );
  • Chelsea Retreat Rooms (29th & 8th Ave);
  • International Students Residences (341 Broadway);
  • Broadway Hotel & Hostel (230 West 101 Street).

If you are used to luxury and are ready to pay for it, you can stay in five-star hotels in New York. Prices for accommodation in them start from 370 USD per night. You can stay in 4-star hotels starting from 140 USD. In Manhattan hotels prices start from 100 USD per night.


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