The financial site used data from the Bureau of Labor Statistics, the U.S. Census American Community Survey, and Pew Research to calculate the figures. <\/p>\n
![\"Aerial](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/11\/aerial-view-new-york-skyline-115027615.jpg\")
Middle-class New Yorkers are going more than $12,000 into the red every year just to make ends meet, a depressing new study has uncovered. mandritoiu \u2013 stock.adobe.com<\/p>\n
The Big Apple was determined to be one of the worst cities in the country for the middle-class, with annual household living expenses estimated at $91,888 \u2014 higher than the median household income of $79,713. <\/p>\n
This means the average middle-class New York family is spending $12,175 more than they earn just to cover the essentials, which include food, housing, utilities, transport, and medical expenses. <\/p>\n
Despite New York City\u2019s reputation as a hub for high-earning jobs, the median household income is actually far higher in multiple other cities. <\/p>\n
In San Francisco, for instance, the median household income is $141,446, while in Seattle it\u2019s $121,984. <\/p>\n
While the cost of essentials is also high in both of those cities, GOBankingRates determined that the average middle-class family is actually financially far better off in those metropolises. <\/p>\n
![\"Hands](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/11\/businessman-checking-stock-market-data-115027642.jpg\")
The average middle-class New York family is spending $12,175 more than they earn just to cover the essentials, which include food, housing, utilities, transport, and medical expenses. REDPIXEL \u2013 stock.adobe.com<\/p>\n
The study indicates that mid-size cities are the financial bet for middle-class families, where decent median household incomes far outweigh cost of living expenses. <\/p>\n
For instance, in Oklahoma City, the median household income is $66,072, but the annual cost of living is just $38,391 for a middle-class family. That means there\u2019s leftover savings of $28,311 per year. <\/p>\n
Meanwhile, in Forth Worth, Texas, the median household income is $76,602, while annual middle-class expenditures total $43,383. Thus, there\u2019s $33,219 remaining for discretionary spending or saving.<\/p>\n