Living on Long Island is great. Long Island is the ideal suburban life and it offers families a wonderful place to live. Not only are you only an easy one hour commute from New York City, there are beaches all across Long Island, and even a vacation spot at the end of the Island in Montauk. The majority of the 125 school districts on Long Island have excellent reputations, and there are over 10 different college campuses on the Island as well. A life on Long Island is very comfortable.
Living on Long Island is amazing but the cost of living there is very high. According to a study done by the Economic Policy Institute a Long Island family with two children must bring in in income of at least $52,114 in order to maintain a decent standard of living. The same study also shows that these families also must pay an average of $741 a month in taxes. These numbers give Long Island the highest average cost of living of any region in the country. Since Long Island has such a high cost of living it is difficult for a family with two incomes to live on Long Island, and it is becoming less and less likely that young people will be able to continue their lives after college on Long Island.
A college graduate in their early 20’s who is just starting his career is now finding it almost impossible to live on their own on Long Island. On average a two bedroom apartment on Long Island goes for about $1,100 a month without utilities. This is an expensive number for someone who just graduated college. Unfortunately there are not many housing rentals on Long Island, and there are also not many affordable housing options either. Long Islanders are trying to change that, they are working to develop new affordable housing options on Long Island so that young adults can have the opportunity to continue their lives on Long Island, and hopefully will be able to start a family here as well.
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There is nothing like life on Long Island. It is one of the few places that you can live in a safe suburban neighborhood but only be an hour out of New York City, have beaches surrounding you, and have a lot of very good school districts to choose from. There is such a high cost of living on Long Island because living here provides you with a comfortable life. The high cost of living is driving many young people away from being able to continue their lives here, the new affordable housing plans that are being worked on now can hopefully provide young people a nice cheap place to live so they can continue their lives on Long Island.
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