#N12BX: High rent prices

Posted: Updated:

Finding an apartment to rent in New York City may be an easy task but affording to live in one may be a difficult one.

According to city statistics, the median cost of rent varies depending upon location.

For example, a two-bedroom apartment for rent in Flatbush could cost an average of $1,975 per month while the same apartment in Lincoln Square could cost $5,914.

According to Renthop.com, an income of more than $100,000 is needed to afford an apartment in the Bed-Stuy area of Brooklyn and $80,000 for the Norwood section of the Bronx.

The most expensive place to live in New York City is Manhattan.

Renthop suggests renters looking to live in the borough should make at least $200,000 a year.

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  • #N12BX: Starbucks opens ‘Signing store’

    #N12BX: Starbucks opens ‘Signing store’

    Friday, July 20 2018 1:00 PM EDT2018-07-20 17:00:21 GMT
    Kari and David Comer, of Riverside, left, Cessy Lauderdale, center, of Huntington Beach, and Candace Davider, of riverside, right, use sign language to talk outside Starbucks Coffee.Kari and David Comer, of Riverside, left, Cessy Lauderdale, center, of Huntington Beach, and Candace Davider, of riverside, right, use sign language to talk outside Starbucks Coffee.

    Starbucks is opening a branch in Washington, DC in which every worker has to be proficient in American Sign Language. The coffee house will be close to Gallaudet University, the world's only liberal arts institution of higher learning for the hearing impaired. Starbucks says at least 20 deaf and hard-of-hearing employees will be hired for the "signing store" location. All employees who have hearing will be required to become fluent in American Sign Language. The coffee h...

    Starbucks is opening a branch in Washington, DC in which every worker has to be proficient in American Sign Language. The coffee house will be close to Gallaudet University, the world's only liberal arts institution of higher learning for the hearing impaired. Starbucks says at least 20 deaf and hard-of-hearing employees will be hired for the "signing store" location. All employees who have hearing will be required to become fluent in American Sign Language. The coffee h...

  • #N12BX: Shark attacks in New York

    #N12BX: Shark attacks in New York

    Thursday, July 19 2018 12:47 PM EDT2018-07-19 16:47:05 GMT
    A great white shark heads towards the camera, just below the surface of the water, taken at The Neptune Islands, South Australia, June 2014.A great white shark heads towards the camera, just below the surface of the water, taken at The Neptune Islands, South Australia, June 2014.

    Authorities are warning the public to be cautious after they say two children were bitten in the waters off New York's Fire Island in possible shark attacks. 

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  • #N12BX: Mobile banking increase

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    Wednesday, July 18 2018 1:10 PM EDT2018-07-18 17:10:30 GMT

    Bank of America customers are now making more deposits on mobile devices than at branches, the banking institution has reported. 

    Bank of America customers are now making more deposits on mobile devices than at branches, the banking institution has reported. 

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