Cost of Living in Bronx County, NY for 2022

The Bronx is the only borough of New York that is located entirely on the mainland. The population of the Bronx is about 1.5 million people.

In this analytical article, we look at the cost of living in Bronx County, NY for 2022. To do this, we will use a calculator compiled by the Economic Policy Institute (EPI). The Family Budget Calculator (EPI) will help you determine the optimal income to maintain a modest but fairly comfortable standard of living. Consider living expenses for four types of families: one adult, two adults, two adults with one child, and a family of four (two adults and two children). For a complete picture, let’s look at the average net salaries in Bronx County, NY for 2022. The cost-to-income ratio will help us get the full picture.

Apartment rental prices are based on data from the Department of Housing and Urban Development. The Department takes into account fair market rent, which includes utility costs. Prices were taken into account for renting a studio apartment for one adult, a one-bedroom apartment for two adults, and a two-bedroom apartment for two adults with one or two children. Food expenditures are based on data from the USDA and have been adjusted for each area.

Average net salaries are per month (after tax) and based on numbeo data (current as of end December 2022). The median net salary in Bronx County, NY after taxes is $ 6,081/month (or $72,972/year) as of December 2022.