Why New Yorkers Are Moving Out of NYC (and Where They Are Going)

While New York City has long been celebrated for its cultural vibrancy, economic opportunities, and unique urban charm, the city has lost its appeal to a notable number of residents.

Since 2020, New York has lost 884,000 residents to other states and ranked amongst the highest outbound state in 2023. While the outflow of New Yorkers has slowed since the start of the pandemic in 2020, the city still hasn't managed to receive a positive shift in residents since.

According to U.S. Census data, in 2023, 78,000 residents left New York City alone. Amongst the data, several former residents cited the workaholic culture, growing crime, rising taxes and cost of living, and fast-paced environment as their main drivers of relocating.

These factors seem to ring true for many citizens, as a Citizens Budget Commission survey revealed only 30% of New Yorkers claimed to be happy in the city.

In the same study, only 37% of New Yorkers thought public safety in their neighborhood was "good" or "excellent." Six years ago, the poll recorded a confidence level of 50%.

Let us take a closer look at why New Yorkers are growing increasingly weary of the Big Apple.

Why Are New Yorkers Leaving the Big Apple?

From the high cost of living to concerns about quality of life, here are some of the main reasons why New Yorkers are leaving NYC.

High Cost of Living

According to yearly data and research, New York City consistently ranks among the most expensive cities in the United States to live. The cost of housing is a major burden for many residents.

According to the U.S. Bureau of Labor Statistics, rent rose 7 times faster than wages in 2023, averaging $3,475 per month. This is unaffordable for many without being rent-burdened, even those in the high-earning category.

In 2023, the average salary of a tech worker in NYC was $135,089, which is 52% higher than the average salary of all New Yorkers. Even with additional wages, a tech worker could only afford 35% of rentals on the market. For entry-level workers, only 0.3% of studio and one-bedroom rentals in NYC were affordable on their own.

The median rent for a one-bedroom apartment in Manhattan is over $3,000 per month, and even in the outer boroughs, rents can be prohibitively high.

The median sale price for homes in Manhattan exceeds $1.1 million, making homeownership unattainable for many. The high property taxes and fees further exacerbate the financial strain on homeowners.

Beyond housing, everyday expenses such as groceries, transportation, and dining out are significantly higher in NYC compared to other cities as well. These collective costs make it challenging for many residents to maintain a comfortable standard of living.

Quality of Life Concerns

While NYC offers numerous advantages, concerns about quality of life have driven many residents to seek alternative living situations.

Many New Yorkers live in small apartments with limited outdoor space. The lack of personal space can become particularly difficult for families with children and for individuals who value privacy and quietness.

The constant noise and pollution, such as traffic, construction, and the general hustle and bustle of city life contribute to high noise levels. Air quality can be poor, especially in densely populated areas, impacting residents' health and well-being.

Safety Concerns

Safety concerns have also influenced decisions to leave. While crime rates have seen fluctuations, overall, many residents report feeling more unsafe than in previous years.

The NYPD cites a drop in most major crimes year over year. However, transit crime is up 46.1%, and hate crimes have increased by 36%. When compared to 2019, crime is up 33.7% overall, with a sharp increase in felony crimes specifically.

Political and Social Factors

The political climate in NYC, including policies related to taxation, regulation, and public safety, has influenced some residents' decisions to leave.

High state and city taxes seem to be a particular point of contention. Some residents feel that the tax burden does not align with the quality of public services received.

Social unrest, particularly those related to reform and racial justice, has also been a factor. The associated disruptions and concerns about safety, including a rise in racial hate crimes, have prompted some residents to seek more stable environments.

Better Opportunities Elsewhere

Many New Yorkers are finding better opportunities in other cities and states.

Cities like Austin, Atlanta, and Miami offer a lower cost of living with comparable job opportunities, especially for those in tech, finance, and creative industries. The ability to afford a larger home with outdoor space is a significant plus.

Additionally, warmer climates, outdoor recreational opportunities, and a slower pace of life attract those looking to escape the harsh winters and fast pace of NYC.

Now that we have explored why New Yorkers are relocating, we will better understand where they are moving to and why.

Where Are New Yorkers Moving to?

As New Yorkers seek new opportunities and lifestyles, they are moving to various cities across the United States.

Here is a detailed look at some of the most popular destinations for former New Yorkers and how life in these cities compares to NYC.

Miami, Florida

Miami is the only major U.S. city founded by a woman. Julia Tuttle, a local citrus grower, persuaded Henry Flagler to extend his Florida East Coast Railroad to Miami, which led to the city’s initial development.

Environment

Miami offers a tropical environment with beautiful beaches, vibrant nightlife, and a diverse cultural scene. Unlike the dense, vertical urban landscape of NYC, Miami is more spread out with a mix of high-rises, residential neighborhoods, and coastal areas.

Miami's hot, humid summers and warm winters are a stark contrast to NYC’s harsh winters and temperate summers. Miami’s year-round warmth makes it ideal for outdoor activities and beachgoers.

Cost of Living

The cost of living in Miami is generally lower than in NYC. The median home price in Miami is around $575,859, whereas in NYC, it’s over $1 million.

Rental prices also differ significantly. A one-bedroom apartment in Miami averages around $1,800 per month, compared to over $3,000 in NYC. Groceries, dining, and transportation costs are also lower in Miami.

Things to Do

Miami is renowned for its beaches and its vibrant nightlife, with countless clubs, bars, and restaurants.

Cultural attractions include the Art Deco Historic District, the Pérez Art Museum, and Little Havana. The city also hosts major events like Art Basel Miami Beach and the Miami International Boat Show.

Opportunities

Miami's economy is diverse, with opportunities in tourism, finance, international trade, and healthcare. The city is also becoming a growing tech hub, attracting startups and tech companies.

The international business scene is vibrant, given Miami’s status as a gateway to Latin America.

Pros

• Lower cost of living
• Warm, tropical climate year-round
• Beautiful beaches and abundant outdoor activities
• A diverse cultural scene with vibrant nightlife

Cons

• High humidity and hurricane risk
• Less public transportation infrastructure
• The job market is not as robust as NYC's financial and corporate sectors

Chicago, Illinois

Chicago is known for its unique architecture and was the birthplace of the modern skyscraper.

The Home Insurance Building, completed in 1885, is considered the world's first skyscraper.

Environment

Chicago offers a blend of urban and suburban environments with its iconic skyline, extensive parks, and Lake Michigan shoreline. The city is known for its architectural marvels and vibrant neighborhoods.

In terms of weather, Chicago experiences cold, snowy winters and hot, humid summers. This is similar to NYC’s seasonal weather, but with more extreme cold during winter and a strong wind, which is known as the “Windy City” factor.

Cost of Living

The cost of living in Chicago is lower than in NYC. The median home price in Chicago is around $375,900, whereas in NYC, it’s over $1 million.

Rental prices are also more affordable, with a one-bedroom apartment in Chicago averaging around $2,241 per month, compared to over $3,000 in NYC.

On average, New York City maintains a 50% higher cost of living than Chicago. Utilities are roughly 14% more and groceries are nearly 20% higher, respectively.

Things to Do

Chicago boasts a rich cultural scene with world-class museums like the Art Institute of Chicago, the Field Museum, and the Museum of Science and Industry.

The city is famous for its deep-dish pizza and diverse dining options. Entertainment includes theaters, music festivals, and sports events. Outdoor enthusiasts can enjoy the lakefront trails, Millennium Park, and numerous public parks.

Opportunities

Chicago's economy is strong in finance, manufacturing, technology, and healthcare. The city is home to the Chicago Mercantile Exchange and many Fortune 500 companies, offering a variety of job opportunities.

Pros

• Lower cost of living
• A rich cultural scene with world-class museums and theaters
• Extensive public transportation system
• Proximity to Lake Michigan and numerous parks

Cons

• Harsh, cold winters with strong winds
• Higher crime rates in certain areas
• Less diverse job market compared to NYC

Atlanta, Georgia

Atlanta is home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which serves as a major hub for domestic and international travel.

Environment

Atlanta is known for its mix of modern urban living and lush green spaces. The city features a blend of high-rise buildings, historic neighborhoods, and suburbs.

With hot summers and mild winters, Atlanta is a significant change from NYC’s harsher winters. The city enjoys long periods of pleasant weather, making it ideal for outdoor activities as well.

Cost of Living

The cost of living in Atlanta is lower than in NYC. The median home price in Atlanta is around $414,000, compared to NYC's $1M+.

A one-bedroom apartment rental averages around $1,563 per month in Atlanta, where New York City exceeds $3,000 per month. On average, home prices are 407% more expensive in NYC than in Atlanta.

Overall cost of living is 56% cheaper in Atlanta, with a bottle of shampoo averaging a 27% higher price tag in NYC.

Things to Do

Atlanta offers many attractions including the Georgia Aquarium, the Atlanta History Center, and the Martin Luther King Jr. National Historical Park.

The city is also home to a vibrant arts scene, diverse dining, and numerous festivals. Outdoor activities are plentiful, with parks like Piedmont Park and the Atlanta BeltLine offering recreational spaces.

Opportunities

Atlanta’s economy is robust, with major stake in the logistics, media, technology, and finance industries.

The city is also home to several Fortune 500 companies, including Coca-Cola and Delta Air Lines. The growing film industry also provides unique job opportunities.

Pros

• Lower cost of living
• Mild climate with warm summers and mild winters
• Growing job market in film, logistics, media, and finance
• Southern hospitality and vibrant cultural scene
• Plenty of outdoor space and activities

Cons

• Traffic congestion and limited public transportation options
• Hot and humid summers
• Less international cultural diversity compared to NYC

Boston, Massachusetts

Boston is home to the first public park in the United States, Boston Common, established in 1634. It is a central feature of the city’s extensive park system that many residents enjoy.

Environment

Boston offers a historic and academic atmosphere, with its cobblestone streets, historic landmarks, and prestigious universities. The city combines urban living with a strong sense of history and community.

In terms of weather, Boston experiences cold, snowy winters and warm, humid summers, similar to NYC but often with harsher winter conditions. The city also enjoys beautiful fall foliage and a pleasant spring.

Cost of Living

Boston's cost of living is high but still generally lower than most areas of NYC. The median home price is around $677,000, and rental costs are also significant, with a one-bedroom apartment averaging around $2,675 per month.

Boston does not offer much in terms of cost savings over New York, as home and rental prices are not significantly different. Everyday expenses like groceries and dining can be somewhat comparable to those in NYC.

Things to Do

Boston is rich in history and culture, with attractions such as the Freedom Trail, Boston Common, and Fenway Park.

The city has a strong arts scene, excellent dining options, and numerous educational institutions. Outdoor activities include the Boston Harbor Islands and the Esplanade along the Charles River.

Opportunities

Boston's economy is centered around education and healthcare. The presence of universities like Harvard and MIT fuels innovation and job growth, making it a hub for biotech and research.

Pros

• A rich historical and academic environment
• High-quality education and healthcare systems
• Vibrant arts and cultural scene
• Compact city layout with walkable neighborhoods

Cons

• High cost of living (though lower than NYC)
• Harsh winters with heavy snowfall
• Less diverse job market compared to NYC

Denver, Colorado

Denver is known as the “Mile-High City” because its elevation is exactly one mile (5,280 feet) above sea level, which can be a unique adjustment for newcomers.

Environment

Denver is known for its proximity to the Rocky Mountains and outdoor lifestyle. The city offers a mix of urban amenities and easy access to nature.

The weather is diverse, with Denver experiencing four distinct seasons per year. You can usually expect cold, snowy winters and mild summers.

The city is known for its sunny weather, with over 300 days of sunshine per year, which is significantly more than NYC.

Cost of Living

The cost of living in Denver could make a significant difference in the everyday life of a New Yorker. The median home price in Denver is around $579,000, making housing 82% higher in NYC than in Denver.

Healthcare and food costs average 10% higher in NYC as well. Rental prices and everyday expenses are also more affordable, with a one-bedroom apartment averaging around $1,516 per month.

Things to Do

Denver offers a wide range of activities, from outdoor adventures like hiking, skiing, and mountain biking to cultural attractions like the Denver Art Museum and the Denver Botanic Gardens.

The city has a thriving food scene and hosts numerous festivals and events.

Opportunities

Denver’s economy has strong sectors in energy, aerospace, technology, and healthcare. The city’s growing tech industry and startup scene provide additional job opportunities as well.

Pros

• Lower cost of living
• Proximity to the Rocky Mountains and outdoor activities
• Over 300 days of sunshine per year
• Strong energy and aerospace sector

Cons

• Less public transportation infrastructure
• Higher altitudes may require adjustment
• Smaller cultural and arts scene compared to NYC

Washington D.C.

Washington D.C. may feel like the opposite of New York in terms of the skyline view. The Height of Buildings Act of 1910 limits building heights to ensure that the Capitol and other monuments remain the most prominent structures.

Environment

Washington D.C. combines political significance with a vibrant cultural scene. The city features historic monuments, government buildings, and numerous museums, creating a unique urban environment.

D.C. experiences hot, humid summers and cool winters, with occasional snowfall. The climate is more temperate than NYC, offering more comfortable weather year-round.

Cost of Living

The cost of living in Washington D.C. is high but generally lower than most areas of NYC.

The median home price is around $625,000, and rental costs are significant but often less than in Manhattan, with a one-bedroom apartment averaging around $2,257 per month, compared to over $3,000 in NYC.

For every $8,327.50 in purchasing power in Washington D.C., you would need over $11,000 in New York City to purchase the same items. On average, across all areas, D.C.'s cost of living is 17.2% lower than NYC.

Things to Do

Washington D.C. offers an abundance of cultural and historical attractions, including the National Mall, the Smithsonian museums, and numerous monuments and memorials.

The city has a diverse dining scene, vibrant nightlife, and many festivals and events.

Opportunities

Washington D.C. is a hub for government jobs and international organizations. The city also has strong opportunities in education, healthcare, and finance.

Pros

• Lower cost of living
• Rich historical and cultural attractions
• Strong job market in government and international organizations
• Mild winters and temperate climate

Cons

• High cost of living compared to many other cities (though lower than NYC)
• Traffic congestion and limited parking
• High-security presence and political environment can be intense
• Some areas experience high crime

Seattle, Washington

Seattle's coffee culture is renowned nationwide, with numerous independent coffee shops and roasters taking a unique angle on America's morning drink.

Environment

Seattle is known for its beautiful natural surroundings, including mountains, forests, and water bodies. The city offers a mix of city life with easy access to outdoor activities. Seattle has a strong focus on sustainability as well.

Seattle's weather offers a mild, temperate climate with cool, wet winters and mild, dry summers. The city is known for its frequent rain, particularly in the fall and winter, which is a change from NYC’s more varied seasonal weather.

Cost of Living

The cost of living in Seattle is high but generally lower than NYC.

The median home price is around $877,000, with its housing market scoring 86 out of 100 in terms of competitiveness. Rental costs are significant but often less than in Manhattan, with a one-bedroom apartment averaging around $2,227 per month.

The cost of living in Seattle is roughly 54% higher than the national average but remains 38.1% lower than in New York City, including housing. Grocery and restaurant prices average 23% higher in the Big Apple as well.

Things to Do

Seattle offers a variety of activities, from exploring Pike Place Market and the Space Needle to enjoying the Seattle Art Museum and numerous music venues.

The city has a thriving coffee culture and diverse dining options. Outdoor enthusiasts can take advantage of the nearby mountains, parks, and waterways for hiking, skiing, and boating.

Opportunities

Seattle’s economy is driven by technology and aerospace. Major employers include Amazon, Microsoft, and Boeing.

Pros

• Lower cost of living
• Beautiful natural surroundings and outdoor activities
• Thriving tech industry with major employers like Amazon and Microsoft
• Mild, temperate climate

Cons

• Frequent rain and cloudy weather
• Higher cost of living compared to most cities (though lower than NYC)
• Less diverse job market compared to NYC

Baltimore, Maryland

Baltimore is known as the “Charm City” due to its friendly residents and vibrant neighborhoods.

The city is also famous for its contributions to American literature, being the final resting place of Edgar Allan Poe.

Environment

Baltimore offers a mix of historic charm and modern living. The city features historic neighborhoods, waterfront areas, and a large theater scene.

Baltimore's climate is similar to NYC's but generally milder in the winter.

Cost of Living

The cost of living in Baltimore is significantly lower than in NYC, which could mean major savings for New Yorkers.

The median home price is around $212,000, making purchasing a home significantly more attainable for most. This makes Baltimore nearly one-fifth as expensive as New York City in terms of home purchasing.

Rental prices are much more affordable as well, with a one-bedroom apartment averaging around $1,435 per month, compared to over $3,000 in NYC. Once again, this makes Baltimore one-third the cost for rent as an average NYC apartment.

For the $11,000 of purchasing power in New York City, you could purchase the same things in Baltimore for a mere $5,709.20. Including the cost of housing with overall categories, Baltimore is roughly 44.8% cheaper than NYC.

Things to Do

Baltimore has a rich cultural and historical heritage, with attractions like the Inner Harbor, the National Aquarium, and Fort McHenry.

The city is known for its seafood, particularly crabs, and has a diverse dining scene. Cultural offerings include theaters, museums, and festivals.

Opportunities

Baltimore’s economy is centered around healthcare and logistics. Major employers include Johns Hopkins University and Hospital, as well as the Port of Baltimore.

The city’s proximity to Washington D.C. also provides a large pool of government job opportunities.

Pros

• Significantly lower cost of living
• Rich historical and cultural heritage
• Proximity to Washington D.C. and additional job opportunities
• Friendly community

Cons

• Higher crime rates in certain areas
• Smaller cultural and arts scene compared to NYC

Los Angeles, California

Los Angeles is home to the largest urban park in the United States, Griffith Park, which spans over 4,300 acres and offers numerous activities and scenic views.

Environment

Los Angeles offers a large urban environment with diverse neighborhoods and easy access to beaches, mountains, and deserts. The city is known for its entertainment industry and cultural diversity.

LA’s climate is mild and sunny year-round, with warm, dry summers and mild, wet winters. This is a significant change from NYC’s more varied seasonal weather and harsh winters.

Cost of Living

The cost of living in Los Angeles is high. The median home price is around $904,210 in Los Angeles, setting an all-time record for the area. This is one of the only cities with a median home purchasing price so close to the Big Apple's $1M+ average.

Rental prices are also steep, with a one-bedroom apartment averaging around $2,691 per month, compared to over $3,000 in NYC.

While statistics vary depending on area, housing, and lifestyle, on average, Los Angeles is about 22.7% cheaper in terms of overall cost of living. However, many relocatees say the pricing of items and amenities is fairly similar.

Things to Do

Los Angeles boasts a wide range of activities, from visiting iconic landmarks like the Hollywood Sign and Griffith Observatory to enjoying cultural institutions like the Getty Center and the Los Angeles County Museum of Art.

The city’s diverse dining scene, vibrant nightlife, and numerous outdoor activities make it a dynamic place to live.

Opportunities

Los Angeles offers abundant opportunities in the entertainment industry, as well as in technology and finance.

The city’s diverse economy and innovative culture provide numerous job opportunities for nearly any specialty or sector.

Pros

• Mild, sunny climate year-round
• Abundant job opportunities in nearly any sector
• Diverse neighborhoods and cultural experiences
• Proximity to beaches, mountains, and deserts

Cons

• High cost of living (though certain areas can be more affordable than NYC)
• Traffic congestion and long commutes
• Risk of natural disasters like earthquakes and wildfires

As New Yorkers seek new opportunities and lifestyles, each highly frequented destination provides a distinct blend of amenities and job prospects, allowing former New Yorkers to find a place that best fits their needs.

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