Here’s why major cities may still be worth their high cost of living

Econ & Housing

Many renters believe that a cost-of-living crisis is brewing in America’s major cities.New York City is showing up as a hotspot of rent inflation. The average rent for 1-bedroom apartments in Manhattan rose to $3,995 a month in May 2022 — a 41% increase from one year ago, according to Zumper.Sudden, double-digit rent spikes are…

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