More than a third of New Yorkers say the soaring cost of living is forcing them to consider leaving the Big Apple as rent control laws and zoning restrictions drive housing prices up.
A recent survey found that 34% of residents are actively considering leaving the city, while an additional 32% are open to moving. Additionally, 41% found living in New York was “much more” expensive than anywhere else, 43% were very concerned about their ability to afford living in New York, and 30% indicated they were fairly concerned about the cost of living.
The Empire State Building is seen through the George Washington Bridge at sunset on Thursday, May 2, 2024, in New York. (AP Photo/Julia Nikhinson)
The report comes as New York has already faced a significant decline in its population. Between April 2020 and July 2023, the state lost 6.2% of its residents.
Rising housing costs are one of the pr …