New Yorkers spend nearly 60% of income on rent: study

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March 3, 2014- The Post reports, “City residents are now shelling out nearly 60 percent of their income to live here, according to a new study by the Web site StreetEasy.

The median monthly city rent is set to hit $2,700 — or more than 58 percent of residents’ median income.

And surprisingly, Manhattanites aren’t the worst off.

Residents of Brooklyn must grapple with the highest median rent cost — 60 percent. They’re followed by those in The Bronx at 52 percent, Manhattan at 48.8 percent, Queens at 41.4 percent and Staten Island at 30.1 percent.

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