Brooklyn is nation’s second priciest place to live

TRD New York /
Sep.September 06, 2012 03:30 PM

At one time, people flocked to Brooklyn for more affordable living situations. Now, the borough is the second most expensive place to live in the country, according to a study by the Council for Community and Economic Research cited by the Brooklyn Daily Eagle.

Brooklyn is still cheaper than Manhattan, which topped the list, but compared to other traditionally expensive locales such as Honoloulu, San Francisco and San Jose, the borough is no bargain.

The study surveyed 300 American cities based on the cost of living for people who have a “professional-managerial standard of living.” It considered factors such as prices of housing, groceries, transportation and utilities. The national average score was set at 100.

Brooklyn’s overall cost of living score was 183.4, thanks mostly to a 344.7 score in housing — nearly 3.5-times the national average. Manhattan’s overall score was 233.5. The Washington-based group named Queens the sixth most expensive place to live in the country. [Brooklyn Eagle] — Adam Fusfeld


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