- NYC rental prices grow at twice the rate of entry-level salaries.
- Recent grads take on roommates and side gigs to afford lavish lifestyle.
- Renters need to earn over $135,000 to afford a typical apartment in NY.
- Housing crisis exacerbates the disparity between those with family wealth and those without.
- Some young professionals prioritize living in prime locations and maintaining active social lives.
NYC’s Rent Surge Defied by New Grads Pursuing a TikTok Lifestyle
Rental prices are growing at nearly twice the rate of entry-level salaries, so young newcomers are doing “whatever it takes” to live the lifestyles they’ve always aspired to.
Paulina Cachero
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