Families save $70,000 per year by moving from NYC to its suburbs

According to a recent study by Zillow and Care.com, raising a family in New York City proper is on average $71,237/year more expensive than doing so in the suburbs of Long Island, Westchester, Connecticut, or New Jersey.

The study came to that conclusion by comparing figures on average mortgage payments, property taxes, and child care costs in both the city and suburbs, and also came to the conclusion that the disparity between urban and suburban living is greater in New York City than in any other metro area in the country.  As a matter of fact, it’s more than three times greater than the runner-up, Chicago (where it costs only $18,472 more in the city than the suburbs.)

Want to get a better sense of your cost of living in the suburbs, and which NYC suburb might be right for you? Check out PicketFencer.com to learn more.