New York on a Minneapolis Budget
My friend Chris alerted me to this comparison of the cost of "lifestyle" in New York vs. Minneapolis from New York Magazine:
Baseball tickets
Twins premium seats . . . . . $24
Yankee loge box seats . . . . . $50
Museum admission
Walker Art Center . . . . . . . . . $8
MoMA . . . . . . . . . . . . . . . . . . $20
Movie ticket
The Prestige, St. Anthony Main Theater . . $8
The Science of Sleep, BAM . . $10
Prix fixe dinner at top restaurant
La Belle Vie . . . . . $80 a person
Per Se. . . . . . . . . . $210 a person
Annual gym membership
Minneapolis Life Time Athletic Club . . $1,439.40
Equinox . . . . . . . . . . . . . . .$1,895
Marathon entry fees
Minneapolis . . . . . . . . . . . . . $85
New York . . . . . . . . . . . . . . . $116
There are other factors as well. Like taxes: In the Twin Cities, I got a Renter's Credit, which was basically a property tax refund for apartment dwellers. It gave me about $1,000 a year. No such thing in NYC. Also, here in New York I pay an additional city income tax on top of the state and federal. No such thing back in the Twin Cities.
I liked to tell people back home that my Brooklyn studio apartment has half the space for twice the price of my Saint Paul pad. That's not totally accurate -- I had a great deal in St. Paul and my place here isn't that small. But yes, it costs way more and it isn't a one bedroom.
On the other hand, I sold my car. I pay $70 a month for an unlimited subway pass. I very rarely take cabs. The savings over gas, insurance, and general auto up-keep are high.
And think about how much I've saved over the years in both New York and Minnesota by not joining a gym. Unfortunately I make up for that in booze and bad living.
But is it really fair to say that it takes a $4,300 suit to impress New Yorkers? I mean, which New Yorkers are we talking about? Maybe it's because I don't get out as much as I ought to, but I wear the same stuff I wore back in the Twin Cities. New Yorkers aren't all so well-dressed. I'm the only one at my office, a publishing company, who wears a tie to work.
It really pleases me that New York deigned to say that Minneapolis has a "semblance of a cultural life." Need I remind any non-Minneapolitans that the Twin Cities have more theaters per capita than anywhere in America outside NYC? That's a statistic I've been quoting for so long I that I'm not sure if it's true anymore. Anyone?
Anyone else notice any big lifestyle differences between NYC and the rest of the world? Comment.
"Less quantifiable is the price of status, which tends to matter more in New York than elsewhere. You might be the best-dressed guy at a Minneapolis cocktail party rocking a Hugo Boss suit ($695) from Macy’s, but it might take a Thom Browne suit from Barneys ($4,330) to do the trick here. While these costs are difficult to measure, it is possible to calculate the added price of living in a city with the best of everything. Yes, we have better art, food, and entertainment, but you’ll pay a premium for access to it. Here, a side-by-side look at lifestyle purchases in Minneapolis—a city with a statistically average cost of living yet some semblance of a cultural life—and New York:"And here, shamelessly cut and pasted is the aforementioned list:
Baseball tickets
Twins premium seats . . . . . $24
Yankee loge box seats . . . . . $50
Museum admission
Walker Art Center . . . . . . . . . $8
MoMA . . . . . . . . . . . . . . . . . . $20
Movie ticket
The Prestige, St. Anthony Main Theater . . $8
The Science of Sleep, BAM . . $10
Prix fixe dinner at top restaurant
La Belle Vie . . . . . $80 a person
Per Se. . . . . . . . . . $210 a person
Annual gym membership
Minneapolis Life Time Athletic Club . . $1,439.40
Equinox . . . . . . . . . . . . . . .$1,895
Marathon entry fees
Minneapolis . . . . . . . . . . . . . $85
New York . . . . . . . . . . . . . . . $116
There are other factors as well. Like taxes: In the Twin Cities, I got a Renter's Credit, which was basically a property tax refund for apartment dwellers. It gave me about $1,000 a year. No such thing in NYC. Also, here in New York I pay an additional city income tax on top of the state and federal. No such thing back in the Twin Cities.
I liked to tell people back home that my Brooklyn studio apartment has half the space for twice the price of my Saint Paul pad. That's not totally accurate -- I had a great deal in St. Paul and my place here isn't that small. But yes, it costs way more and it isn't a one bedroom.
On the other hand, I sold my car. I pay $70 a month for an unlimited subway pass. I very rarely take cabs. The savings over gas, insurance, and general auto up-keep are high.
And think about how much I've saved over the years in both New York and Minnesota by not joining a gym. Unfortunately I make up for that in booze and bad living.
But is it really fair to say that it takes a $4,300 suit to impress New Yorkers? I mean, which New Yorkers are we talking about? Maybe it's because I don't get out as much as I ought to, but I wear the same stuff I wore back in the Twin Cities. New Yorkers aren't all so well-dressed. I'm the only one at my office, a publishing company, who wears a tie to work.
It really pleases me that New York deigned to say that Minneapolis has a "semblance of a cultural life." Need I remind any non-Minneapolitans that the Twin Cities have more theaters per capita than anywhere in America outside NYC? That's a statistic I've been quoting for so long I that I'm not sure if it's true anymore. Anyone?
Anyone else notice any big lifestyle differences between NYC and the rest of the world? Comment.
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