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New York, NY - City Prices Up by 14% Since Last Year

Published on: May 1, 2011 07:29 PM
By: More at NY Post
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New York, NY - In addition to skyrocketing rent and gas prices, New Yorkers are being nickel and dimed to death, shelling out 21 cents more for a box of Corn Flakes, 29 cents more for a six-pack of beer, and about a buck extra to go to the movies. It even costs more to treat a headache than it did in 2010.

Costs are creeping upward for everything from a coffee-cart cup of Joe to a carton of milk to a TV dinner.

A Post analysis found that rent has risen 5 percent and a sampling of New Yorkers’ common purchases have jumped about 14 percent.

The average price of a regular gallon of gas in New York City was $4.21 Friday, compared with $3.08 a year ago, according to the American Automobile Association.

“I’m not going to be driving over the summer,” fumed Rutgers University Professor Elizabeth Grosz, 58, who said she spends $18 a day driving from Union Square to her job at the New Jersey college. She said her pay has been frozen for three years.

Rents are climbing, too.

The average price of a one-bedroom apartment in a Manhattan doorman building last month was $3,529 up from $3,360 a year ago, according to The Real Estate Group New York.

When her landlord hiked the rent on her Manhattan apartment by $140 a month, 26-year-old Anna Rygiel said she decided to flee to Brooklyn.

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She also said groceries cost about $20 more a week than they used to.

TRANSPORTATION

Monthly unlimited MetroCard

2010: $89 2011: $104

15-gallon gas fill-up

2010: $46.20 ($3.08/gal. regular) 2011: $63.15 ($4.21/gal. regular)

UTILITIES

January average Con Ed apartment bill

2010: $65.19 2011: $72.69

CLOTHING

J. Crew cotton women’s shirt

2010: $69.50 2011: $72

Boys’ blue jeans

2010: $24.50 2011: $34.50

RENT

Average Manhattan one-bedroom, doorman building

2010: $3,360 2011: $3,529

ENTERTAINMENT

Cable/Internet bill

2010: $122 2011: $129

GROCERIES

4-pound chicken

2010: $7.08 ($1.77/pound) 2011: $11.96 ($2.99/pound)

1 pound ground beef

2010: $3.59 2011: $4.99

Head iceberg lettuce

2010: $2.16 2011: $2.49

One dozen large eggs

2010: $2.67 2011: $3.99

Chunk light tuna

2010: $1.74 2011: $1.79

Frozen chicken dinner

2010: $4.79 2011: $5.19

5 pounds sugar

2010: $4.38 2011: $5.49

Kleenex tissues, 200-count

2010: $2.58 2011: $2.99

1 can coffee

2010: $5.82 2011: $6.99

Advil 200-count

2010: $9.54 2011: $9.99

Orange juice 64 oz.

2010: $4.94 2011: $5.39

Half gallon whole milk

2010: $2.47 2011: $2.99

2-liter Coke

2010: $2 2011: $2.29

Loaf white bread

2010: $2.28 2011: $2.89

1 pound bananas

2010: 85¢  2011: $1.29

6-pack Heineken

2010: $10.70 2011: $10.99

18-oz. Corn Flakes

2010: $5.38 2011: $5.59

FAST FOOD

Pizza Hut 12-inch pie

2010: $11.86 2011: $14.99

Medium coffee, street vendor

2010: $1 2011: $1.25

Quarter Pounder with cheese

2010: $3.92 2011: $3.99

Bagel at Ess-A-Bagel

2010: 85¢  2011: $1.00

Plus, rent went up +5%


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Read Comments (7)  —  Post Yours »

1

 May 01, 2011 at 08:12 PM Anonymous Says:

Fortunately, salaries and bonuses in NYC are also among the highest in the U.S. and most employers recognize the high cost of living in the metropolitan area. For example, many banks and law firms have now adopted a two -tiered compensation system for those who work in their New York offices and those who work in other locations. The starting salary for first-year lawyers at most of the large firms is $178,000/yr in New York but only $145,000 in other locations. Even the federal government per diem reimbursement in New York is much higher here ($338/day) compared to only $266/day in Washington and $249 in Miami.

2

 May 01, 2011 at 08:57 PM RebKlemson Says:

help everything costs too much

3

 May 01, 2011 at 09:32 PM amerikaner Says:

THANK YOU MR PRESIDENT -

4

 May 01, 2011 at 09:34 PM am Says:

In 2012 - please ask yourself - are you better off now than 4 years ago, when you were employed at a decent paying job, had full health coverage for half the price of now, paid less tuition because the Govt gave to Yeshivos, etc, etc.

5

 May 01, 2011 at 10:13 PM F.I.N.D. Says:

Does that mean 14% inflation?

6

 May 01, 2011 at 10:17 PM volfie Says:

#1 , r-u delusional or what ?there are other people in NY besides corporate-lawyers. an , they no longer start at the salary you imagine.where have u been the last 18 months >???

7

 May 01, 2011 at 11:07 PM Anonymous Says:

Reply to #6  
volfie Says:

#1 , r-u delusional or what ?there are other people in NY besides corporate-lawyers. an , they no longer start at the salary you imagine.where have u been the last 18 months >???

Read the Legal Times or American Lawyer. Both report that starting salaries of corporate lawyers are back where they were back in 2008 and in fact, the New York firms are paying out record bonuses. Obviously, not all New Yorkers make these starting salaries but the point of the posting was that major employers recognize the high cost of living in New York.

8

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