26 MARCH 5, 2020 RIDGEWOOD TIMES WWW.QNS.COM
REAL ESTATE
NYC residents more likely to live paycheck to paycheck: Report
BY EMILY DAVENPORT
EDAVENPORT@QNS.COM
@QNS
A recent report sought to fi nd out
which cities in the United States
are really living paycheck to
paycheck.
A new report from Clever took a look
at bi-weekly wages in America’s major
cities to determine which areas were
the best and worst for saving money.
According to their fi ndings, the average
American with a bi-weekly pay has less
than $140 left over aft er each paycheck.
One of the cities that was has many
people living paycheck to paycheck is
New York City. According to the study,
the average New Yorker does not earn
enough to cover all of their expenses.
The average New Yorker earns an
average of $2,949.27 bi-weekly, and after
income tax that number goes down
to $2,721.79. Aft er paying off what they
can with this income, the report found
that New Yorkers would still owe an additional
$109.44.
According to Clever’s analysis, the
expenses in New York City are much
higher compared to the national average.
In the United States, $301.81 are
allocated towards housing and utilities;
in New York City, that price jumps up
to $454.25 per paycheck. New Yorkers
also spend the most per paycheck on
transportation, paying $160.76 compared
to the United States as a whole,
which pays $115.66.
While New York City is pretty close to
the national average for biweekly grocery
money (spending $126.47 compared
to the national average of $117.96), the city
was also among the highest spenders for
non-recreational goods and services,
such as clothing, shoes, and personal
care products. The city puts up a whopping
$1,157.24 biweekly to meet these
needs. Bi-weekly healthcare expenses
for New Yorkers is also on the high side,
with city residents paying $324.84 per
paycheck compared to the country as a
whole paying $276.58.
Read the full report at
listwithclever.com.
Ridgewood Times Sales Guide
RIDGEWOOD GLENDALE MASPETH MIDDLE VILLAGE
Putnam Avenue
Listings selected at random. Courtesy MLS
Under $600,000
63-34 Freshpond Rd. Unit 4H
$549,750
Condo
1 bed, 1 full bathroom
Tomasz Smolinski, Omega Realty
of Greenpoint LLC
$600,000-$1,000,000
559 Fairview Ave.
$990,000
2 family colonial
5 bedrooms, 2 full bathrooms
Alejandro Rodriguez, Winzone
Realty Inc
Over $1,000,000
1881 Putnam Ave.
$1,600,000
6 family townhouse
12 bedrooms, 6 full bathrooms
Liqin Wu, LuckSky Brothers
Corp
69th Place 56th Avenue 80th Street
Under $600,000
8 Valentine Pl.
$559,000
1 family, other
2 bedrooms, 1 full bathroom
Wioletta Bednarczuk, Exit All Seasons
Realty
$600,000-$1,000,000
71-16 69th Pl.
$959,000
2 story, 2 family
5 bedrooms, 2 full and 1 half
bathrooms
Jaroslaw Kaszuba, Courtesy: Exit All
Seasons Realty
Over $1,000,000
71-30 68th St.
$1,499,000
3 family colonial
7 bedrooms, 3 full bathrooms
Eliezer Cordero, Canterbury Real
Estate Inc
Under $600,000
52-54 65th Pl Unit UGJ
$319,000
Co-Op
2 bedrooms, 1 full bathroom
Martin Dabao, Realty Executives
Today
$600,000-$1,000,000
57-21 65th St.
$980,000
2 family colonial
5 bedrooms, 2 full and 1 half
bathrooms
Lisa Lin, New Group Realty Inc
Over $1,000,000
61-27 56th Ave.
$1,588,000
2 story, 2 family
6 bedrooms, 3 full bathrooms
Louis Campione, Campione
Realty
Under $600,000
66-59 71st St. Unit 2A
$575,000
Condo
2 bedrooms, 1 full and 1 half
bathrooms
Michal Marek, Sold By Bart R E Partners
Inc
$600,000-$1,000,000
62-22 80th St.
$995,000
1 family townhouse
4 bedrooms, 2 full bathrooms
Ermir Elmazi, Compass Greater NY
LLC
Over $1,000,000
65-80 Terrace Ct.
$1,749,000
3 family townhouse
7 bedrooms, 5 full bathrooms
Donna Demkowicz, Donna Demkowicz
R E Corp
Photo via Getty Images
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