NEW YORK (PIX11) \u2013Middle-class New Yorkers are left with a shortfall after they cover annual New York City living costs, according to a new study from GOBankingRates.<\/p>\n
The personal finance resource analyzed the 100 most populous cities in the U.S. to see where middle-class salaries went the furthest. In New York City, the median household income per year is $79,713.<\/p>\n
More Local News <\/a><\/p>\n That doesn\u2019t cover the cost of living expenses in the Big Apple, according to the study. The annual cost of living, which includes rent, groceries, transit, and health care, is $91,888.<\/p>\n That would leave New Yorkers with a deficit of -$12,175.<\/p>\n More: Latest News from Around the Tri-State <\/a><\/p>\n Residents in Fort Worth, Texas, make a similar amount to New Yorkers \u2013 around $76,602, according to the study. But as the annual cost of living is $43,383, Fort Worth residents are left with more than $33,000 in savings.<\/p>\n To read the study, click here<\/a>.<\/p>\n Erin Pflaumer is a digital content producer from Long Island who has covered both local and national news since 2018. She joined PIX11 in 2023. See more of her work here<\/a>.<\/p>\n Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.<\/p>\n