What Makes New York City More Expensive Than London?

New York ranked one of the most expensive cities in the world in 2022 whereas London ranked 28th, according to Worldwide Cost of Living 2022 from Economist Intelligence. It would cost approximately $9,500 US dollars to maintain the same lifestyle as about $7,200 dollars would get you in London, according to data collection project Numbeo. Watch the video above to learn more about the cost of living in New York City and London and why people choose to live there despite the inflated price tag.

Chapters:
00:00 — Introduction
01:37 — Basic expenses
04:45 — Income and taxes
08:12 — Is it worth it?

Produced, Shot and Edited by: Charlotte Morabito
Additional Camera by: Mark Licea, Jack Hillyer
Graphics by: Jason Reginato, Alex Wood, Christina Locopo
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, Lucy Wong, Lily Slater

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What Makes New York City More Expensive Than London?