Aerial View of Downtown Manhattan, NYC

New York City offers a lot in the way of job opportunities and cultural experiences, but be prepared to pay more than the average American if you want to call NYC home. (Getty Images)

As the epicenter of the country's business, fashion, art, media and financial markets, New York City is a haven for professionals and creatives seeking virtually unlimited opportunities, surrounded by some of the best dining, shopping, nightlife and real estate in the world.

New York has always attracted those who aspire to prove themselves in "if I can make it there, I can make it anywhere" style. But the city's near-endless opportunities for work and play do not come cheap.

Here's what you can expect to pay while living in the New York City area:

  • $563,100 is the median home sale price for the New York City area, based on Zillow data. That figure jumps to $945,100 for Manhattan alone.
  • $2,900 is the median monthly rent for the metro area, or $3,450 for Manhattan, based on Zillow data.
  • $127 will buy you an unlimited 30-day MetroCard, good on New York City buses and subways.
  • $514 per month per person for groceries, per data from crowdsourced information site Numbeo.
  • The sales tax is 8.875%.
  • In addition to standard federal and state income tax, New York City residents also pay a city income tax ranging from 2.907% to 3.876%, depending on income bracket.

[Read: The Best Places to Live in New York]

The True Cost of Living in New York City

New York City ranks No. 90 in the U.S. News 2019 Best Places to Live list, with the highest score on its report card being its near-perfect desirability ranking (9 out of 10). This figure reflects Gotham's unwavering popularity as an in-demand destination. The Big Apple also received strong ratings for its thriving job market.

According to data from the U.S. Census Bureau, the median annual salary for the New York City metro area is $63,799, which is strong compared to big cities in the rest of the country. The median annual salary for the 125 most populous metro areas in the U.S. is $50,620.

According to real estate portal StreetEasy, renters in Manhattan, the city's most expensive borough, pay $18,900 in average annual housing costs, while homeowners pay $36,252 per year. However, homeowners spend a smaller percentage of their income on their housing than renters, according to the statistics. Manhattan renters earn $62,173 on average per year, giving them a 30% percent housing cost-to-income ratio. Homeowners, meanwhile, average $142,046 in earnings annually for a 26% percent cost-to-income ratio.

Out of the 125 metro areas on the Best Places to Live list, New York City is the fourth-most expensive place to live in the U.S.

[Read: The Guide to Buying a Home.]

Home Prices in New York City

The median home price for the New York metro area is $563,100 as of February 2020, according to data from real estate information company Zillow. That's nearly double the national median home price of $249,700. In the Manhattan market, that figure skyrockets to $945,100, or almost four times the national median.

As with most major cities, home costs vary sharply across New York City neighborhoods. Those with their eye on Tribeca, Nolita, SoHo in Manhattan or the Boerum Hill-Cobble Hill-Carroll Gardens section of what is colloquially known as Brownstone Brooklyn will pay some of the highest prices in the city – and country. Recorded 2019 sales prices in these desirable neighborhoods ranged from $1.45 million to $4.1 million, according to StreetEasy. However, there are values to be found in Queens, the Bronx and Staten Island neighborhoods where price tags fall well under the city's median.

Affording a Home in New York City

There is no doubt that buying a home in the most central neighborhoods of New York City is a challenge, but it is by no means impossible. Mortgage interest rates are near historic lows right now; Freddie Mac reported the average 30-year fixed-rate mortgage rate on March 19 was 3.65%, a slight increase from the 3.29% two weeks prior that hit a nearly 50-year low for mortgage rates.

Saving for a down payment is often the most significant barrier to entry for homebuyers. Potential New York City buyers should be aware that, due to extremely high demand, down payments of less than 20% are practically unheard of in the city. If available, those properties are likely to be in outer-borough neighborhoods that are seeing community rebuilding efforts without displacement (basically improving neighborhoods without gentrification, which pushes prices up).

Many upscale co-ops often demand even more than 20% down or forbid financing altogether. With multifamily buildings being the prevalent housing choice in the city, don't forget to factor monthly maintenance or common charges into your housing budget as well.

Other Costs of Living in New York City

As the fourth-most expensive city in the country, you'll see higher prices on many products and services in the Big Apple.

Food is a major expense for most households. In New York City, families can expect to spend about $725 per month on food compared to the national average of about $660, according to the Bureau of Labor Statistics. Busy New Yorkers, surrounded by the world's best restaurants, also spend a larger portion of that food budget on dining out – about $324 per month in New York City versus $288 for all Americans.

Another area where New Yorkers outspend the rest of the country is education. New York City is home to several elite private schools and universities, making them an attractive option for parents and college students. In New York, all households spend an average of $3,000 per year for education expenses compared to the national average of $1,407. Fashion-conscious New Yorkers also spend more on apparel: $2,574 per year compared to $1,866, according to the BLS.

However, thanks to the extensive public transit system, transportation is one area where New Yorkers save. Nearly 90% of U.S. households own at least one car, a figure that falls to 45% in New York City. As a result, city dwellers spend an average of just $8,494 per year on transportation, or $1,267 less than the average U.S. household.

[See: The Best Apps for House Hunting.]

How to Afford New York City

New York City may be expensive, but due to its sheer size, there are bargains to be found across the five boroughs. Sure, New York is home to 76 Michelin-starred restaurants, but there are also excellent inexpensive cafes, diners and food trucks on every corner.

There are abundant free entertainment options across the city, as well. Free summer movies and concerts fill local parks every summer. Museums offer free days, and many are pay-what-you-wish all year-round. A stroll through Central Park or along the High Line costs nothing at all. Enjoy a no-cost harbor cruise courtesy of the Staten Island Ferry, or snag free seats at "Saturday Night Live," "The Daily Show" or one of the many other shows that film in the city.

To save on housing costs, renters would do well to find a roommate for sharing expenses. Those looking to buy a home in New York City should save as large a down payment as possible and work on their credit score to secure the best mortgage rate. Choosing a comparable alternative to your pricier dream neighborhood is another great way to save if you want to afford New York City living.


The Biggest Cities in the U.S.

If city life is what you crave, look no further.

Yellow cabs iare rushing trough the city in the sunset time. Manhattan, New York City, US.

(Getty Images)

You want to live in a major urban center, but how do you know which city has what you want? What may seem like a major metro area can turn out to be more sprawling and suburban than you expect. The U.S. News Best Places to Live ranking includes the 125 most populous metro areas in the U.S., but the population of a metro area may not provide the full picture of the size of those primary cities. Here, we’ve compiled a list of the biggest cities based on the U.S. Census Bureau’s population estimates for 2018, the most recent data available. Read on for the biggest cities in the U.S. by population.

25. Portland, Oregon

25. Portland, Oregon

Glowing Sunrise of the Porltand Skyline with Mt Hood in the Background

(Getty Images)

City Population: 653,115

Metro Best Places 2019 Rank: 8
Metro Area Population: 2,382,037
Median Home Price: $375,425
Median Annual Salary: $55,330

Portland is the 25th-largest city by population in the U.S. While the larger Portland metro area is home to 2,382,037 residents, the city of Portland accounts for just 653,115 residents. In the Best Places to Live ranking, Portland takes the No. 8 spot thanks to its steady population growth due to net migration and its desirability, based on a series of SurveyMonkey surveys asking U.S. residents where they would prefer to live. In the Most Desirable Places to Live ranking, Portland takes the top spot, tied with Honolulu, San Francisco and Colorado Springs, Colorado.

Learn more about the Portland metro area.

24. Nashville, Tennessee

24. Nashville, Tennessee

Nashville is the capital of the U.S. state of Tennessee. Nashville is known as the country-music capital of the world. The city is also known for its culture and commerce and great bar scene

(Getty Images)

City Population: 669,053

Metro Best Places 2019 Rank: 15
Metro Area Population: 1,830,410
Median Home Price: $248,883
Median Annual Salary: $47,110

Nashville has a slightly larger population than Portland, but its metro area is smaller by more than 500,000 people. Nashville’s downtown hosts the central business district as well as the city’s renowned country music scene, but neighborhoods with a more suburban feel are also within the city limits. The metro area includes cities like Murfreesboro and Franklin, which offer a much more small-town feel than Nashville.

Learn more about the Nashville metro area.

23. Detroit

23. Detroit

Aerial Skyline of Detroit Michigan at night

(Getty Images)

City Population: 672,662

Metro Best Places 2019 Rank: 92
Metro Area Population: 4,304,613
Median Home Price: $156,508
Median Annual Salary: $52,100

Once a much larger city, Detroit is currently the 23rd-most populous city in the U.S. with 672,662 residents, according to the U.S. Census Bureau. The Motor City’s population peaked in 1950, with 1,849,568 residents living within the city limits. But long-term job loss and other issues led many people to leave Detroit for the suburbs or other major cities. The Detroit metro area, however, remains large with more than 4.3 million residents, and many of them still drive into the city regularly for work, sporting events or other entertainment.

Learn more about the Detroit metro area.

22. El Paso, Texas

22. El Paso, Texas

El Paso is a city and the county seat of El Paso County, Texas, United States, in the far western part of the state.

(Getty Images)

City Population: 682,669

Metro Best Places 2019 Rank: 110
Metro Area Population: 838,527
Median Home Price: $151,300
Median Annual Salary: $38,610

The city of El Paso, with a population of 682,669, makes up the majority of the metro area’s population, which is 838,527. At the western tip of Texas, El Paso is just across the border from Ciudad Juarez, a major Mexican city with more than 1.4 million residents, according to United Nations data. With other major U.S. metro areas far off, however, more El Paso residents live within the city proper, and there are few cities or towns than can technically be considered suburbs. The outskirts of the city of El Paso include rural land, with plenty of farms holding an El Paso address.

Learn more about the El Paso metro area.

21. Boston

21. Boston

Boston, Massachusetts, USA downtown skyline over the park at dusk.

(Getty Images)

City Population: 694,583

Metro Best Places 2019 Rank: 27
Metro Area Population: 4,771,936
Median Home Price: $423,450
Median Annual Salary: $65,420

It may come as a surprise that Boston doesn’t rank higher on the list of biggest cities, but only 694,583 residents call the city of Boston home. Many other cities and towns are located close to the heart of Boston, including Cambridge, Somerville and Brookline, and some visitors unfamiliar with the area won't even recognize that they’ve left Boston itself when traveling to these places.

Learn more about the Boston metro area.

20. Washington, D.C.

20. Washington, D.C.

The united states capitol building in Washington dc, USA

(Getty Images)

City Population: 702,455

Metro Best Places 2019 Rank: 19
Metro Area Population: 6,090,196
Median Home Price: $376,767
Median Annual Salary: $69,210

The nation’s capital isn’t a part of a state, but it still manages to be home to 702,455 residents. Of course, the surrounding cities in Maryland and Virginia, where many people who work in the District of Columbia live, account for many more people – the entire Washington metro area contains more than 6 million residents. Washington ranks No. 19 on the overall Best Places to Live list. Its flourishing job market, with plenty of federal government, government contractor and tech jobs, helps keep the median annual salary high at $69,210.

Learn more about the District of Columbia metro area.

19. Denver

19. Denver

Denver, Colorado, USA downtown skyline viewed from Red Rocks at dawn.

(Getty Images)

City Population: 716,492

Metro Best Places 2019 Rank: 2
Metro Area Population: 2,798,684
Median Home Price: $393,842
Median Annual Salary: $57,400

The Denver metro area ranks No. 2 on the overall Best Places to Live list, and the city is home to 716,492 residents. But about 2.8 million residents populate the metro area, which includes Aurora and Lakewood, among many other cities. Denver’s downtown certainly offers the city atmosphere many newcomers are looking for, but the city proper includes a variety of neighborhoods, such as Five Points, Washington Park and Cheesman Park, that evoke different vibes – whether it’s more eclectic, quiet or with easy access to parks and downtown.

Learn more about the Denver metro area.

18. Seattle

18. Seattle

Great Wheel in Seattle at night.

(Getty Images)

City Population: 744,955

Metro Best Places 2019 Rank: 9
Metro Area Population: 3,735,216
Median Home Price: $442,333
Median Annual Salary: $63,120

Seattle and its surrounding suburbs have seen significant growth, making this area both a highly desirable place to live and an expensive one. Inside the Seattle city limits, 744,955 people are full-time residents, while the larger metro area totals 3,735,216 residents. People living just outside Seattle may not have direct access to the Puget Sound, but there’s a good chance they won’t have to commute into the city each day, as there are plenty of major employers in the suburbs. Microsoft's headquarters, for example, is located in Redmond, Washington.

Learn more about the Seattle metro area.

17. Indianapolis

17. Indianapolis

Indianapolis, Indiana, USA downtown cityscape and Monument Circle at dawn.

(Getty Images)

City Population: 867,125

Metro Best Places 2019 Rank: 38
Metro Area Population: 1,989,030
Median Home Price: $173,700
Median Annual Salary: $48,030

In central Indiana, the state capital is home to 867,125 people. While dozens of surrounding cities and towns make up the Indianapolis metro area, none have an individual population over 100,000, which makes the area a major draw. Ranking No. 38 on the overall Best Places to Live list, Indianapolis receives its highest score for its low cost of living. Indianapolis-area residents spend just 20.72% of the median annual household income on housing expenses.

Learn more about the Indianapolis metro area.

16. Charlotte, North Carolina

16. Charlotte, North Carolina

Downtown Charlotte, North Carolina, USA Skyline Drone Aerial

(Getty Images)

City Population: 872,498

Metro Best Places 2019 Rank: 20
Metro Area Population: 2,427,024
Median Home Price: $213,983
Median Annual Salary: $50,150

With a population of 872,498, Charlotte is the 16th-most populous city in the U.S. Contributing to Charlotte’s rank is the fact that the entire metro area is growing rapidly. Between 2013 and 2017, the Charlotte metro area increased in population by 7.06% due to net migration alone, according to the U.S. Census Bureau, making it the 14th-fastest growing metro area out of the 125 most populous in the U.S.

Learn more about the Charlotte metro area.

15. San Francisco

15. San Francisco

Aerial View of San Francisco Skyline at Sunset, California, USA

(Getty Images)

City Population: 883,305

Metro Best Places 2019 Rank: 7
Metro Area Population: 4,461,820
Median Home Price: $768,517
Median Annual Salary: $69,700

With a population of 883,305, San Francisco draws people to the city – and keeps them there – with its views of the San Francisco Bay, hilly terrain and Northern California climate. Of course, other parts of the San Francisco metro area are popular spots for people to relocate as well, including Oakland, Palo Alto and Berkeley. The total population of the San Francisco metro area is nearly 4.5 million residents.

Learn more about the San Francisco metro area.

14. Columbus, Ohio

14. Columbus, Ohio

Sunset comes to the downtown urban core of Columbus Ohio

(Getty Images)

City Population: 892,533

Metro Best Places 2019 Rank: 51
Metro Area Population: 2,023,695
Median Home Price: $182,600
Median Annual Salary: $50,020

With a population of nearly 900,000, the capital of Ohio is the most populous city in the state. However, if you include the surrounding suburbs, with cities such as Dublin, Grove City and Westerville, the metro area's population is only the third-largest in the state. While the Columbus metro area is home to 2,023,695 people, Cleveland, with more than 2.7 million residents, and Cincinnati, with more than 2.1 million residents, are larger metro areas.

Learn more about the Columbus metro area.

13. Fort Worth, Texas

13. Fort Worth, Texas

Downtown Fort Worth and the iconic West Seventh Street Bridge crossing the Clear Fork Trinity River.

(Getty Images)

City Population: 895,008

Metro Best Places 2019 Rank: 21
Metro Area Population: 7,104,415
Median Home Price: $248,375
Median Annual Salary: $51,250

With 895,008 residents, Fort Worth is the 13th-most populous city in the U.S. Fort Worth is the only city on this list that isn’t the largest municipality in its metro area. The Dallas-Fort Worth metro area is aptly named, as both major cities contribute to the large population and economy of the region. The metro area is home to more than 7 million residents.

Learn more about the Dallas-Fort Worth metro area.

12. Jacksonville, Florida

12. Jacksonville, Florida

The Skyline of Jacksonville with beautiful Reflections in the Water

(Getty Images)

City Population: 903,889

Metro Best Places 2019 Rank: 42
Metro Area Population: 1,447,884
Median Home Price: $174,658
Median Annual Salary: $45,760

With just over 900,000 residents, the city of Jacksonville is the largest city by area in the contiguous U.S., in addition to being the 12th-largest city by population in all 50 states. The Jacksonville metro area, which is home to 1,447,884 residents, reaches up to Florida’s border with Georgia and includes plenty of coastal mileage. Like many other spots in Florida, Jacksonville is growing fast: The metro area increased in population by 6.88% between 2013 and 2017 due to net migration.

Learn more about the Jacksonville metro area.

11. Austin, Texas

11. Austin, Texas

Austin Texas Austin Texas golden sunset at pedestrian bridge urban modern skyline cityscape at Lady Bird Lake a perfect afternoon sunset in the capital city

(Getty Images)

City Population: 964,254

Metro Best Places 2019 Rank: 1
Metro Area Population: 2,000,590
Median Home Price: $292,500
Median Annual Salary: $51,840

Ranking No. 1 on the overall Best Places to Live list three years in a row, Austin has a metro area population of 2,000,590, with almost half of its residents living in the city. For years, Austin has attracted many young professionals with its ever-growing number of tech jobs. As the cost of living has increased over the years, more companies have set up shop outside the city center, where apartment rents and home prices are lower.

Learn more about the Austin metro area.

10. San Jose, California

10. San Jose, California

Houses and Palm Trees near San Jose California downtown district

(Getty Images)

City Population: 1,030,119

Metro Best Places 2019 Rank: 14
Metro Area Population: 1,969,897
Median Home Price: $1,080,017
Median Annual Salary: $77,180

Located just south of the San Francisco metro area, San Jose has long been a dream destination for technology startups looking to make it big. The city itself has a population of more than 1 million residents, and the surrounding metro area adds slightly more than 900,000 more to the mix. Of course, with the strongest job market in the U.S., the San Jose metro area naturally attracts residents and keeps them there, with a median annual salary of $77,180 and unemployment rate of just 2.6%.

Learn more about the San Jose metro area.

9. Dallas

9. Dallas

beautiful scenic of urban cityscape on sunset with twilight skyline background

(Getty Images)

City Population: 1,345,047

Metro Best Places 2019 Rank: 21
Metro Area Population: 7,104,415
Median Home Price: $248,375
Median Annual Salary: $51,250

While the Dallas-Fort Worth metro area has already earned a mention on this list, the city of Dallas takes the No. 9 spot, with a population of 1,345,047. While Dallas has a large downtown that provides that often-desired urban feel, there’s no mistaking that Texas vibe many people enjoy in the area. With more than 7 million residents, Dallas-Fort Worth is the most populous metro area in Texas, but there are still Texas cities larger than Dallas on the list.

Learn more about the Dallas-Fort Worth metro area.

8. San Diego

8. San Diego

Sunset at the Oceanside Harbor.

(Getty Images)

City Population: 1,425,976

Metro Best Places 2019 Rank: 36
Metro Area Population: 3,283,665
Median Home Price: $555,325
Median Annual Salary: $56,410

With a population of 1,425,976, San Diego is a major draw for new residents and tourists. Sunny weather, ample attractions and beautiful beaches located within the city limits keep people happy year-round. The San Diego metro area comprises 3,283,665 residents and reaches down to California’s border with Mexico, including the cities National City and Chula Vista slightly south of San Diego. San Ysidro, which meets the Mexican border, is a district of the city of San Diego.

Learn more about the San Diego metro area.

7. San Antonio

7. San Antonio

This is a sunset landscape image of San Jose Mission in San Antonio, Texas. Mission San Jose was established in 1720 by Spanish colonists along the San Antonio River. This Texas landmark is recognized by UNESCO as a World Heritage Site.

(Getty Images)

City Population: 1,532,233

Metro Best Places 2019 Rank: 34
Metro Area Population: 2,377,507
Median Home Price: $211,800
Median Annual Salary: $46,200

With a population of 1,532,233, this city is part of the San Antonio metro area, which has a total population of 2,377,507. The metro area reaches into eight counties, and the second-largest city is New Braunfels, which has fewer than 80,000 residents, according to the U.S. Census Bureau. While San Antonio has a downtown with a smattering of high-rise buildings, the best-known areas are historic parts of the city, including the San Antonio River Walk, the ruins of the Alamo and the surrounding museums and parks.

Learn more about the San Antonio metro area.

6. Philadelphia

6. Philadelphia

(Getty Images)

City Population: 1,584,138

Metro Best Places 2019 Rank: 102
Metro Area Population: 6,065,644
Median Home Price: $200,142
Median Annual Salary: $54,940

Philadelphia is a major city with a storied history that has built up a dense surrounding metro area. The city has a population of 1,584,138, according to the U.S. Census Bureau’s 2018 estimate, while the metro area population is made up of more than 6 million residents. Philadelphia’s proximity to other states means the metro area includes not only nearby areas in Pennsylvania, but also New Jersey, Delaware and small portions of Maryland.

Learn more about the Philadelphia metro area.

5. Phoenix

5. Phoenix

Nearing sunset flying over downtown Phoenix, Arizona from an altitude of about 1000 feet.

(Getty Images)

City Population: 1,660,272

Metro Best Places 2019 Rank: 26
Metro Area Population: 4,561,038
Median Home Price: $234,183
Median Annual Salary: $49,500

In the Arizona desert, Phoenix attracts residents with its year-round warm, dry weather and undeniable Southwestern feel. The city of Phoenix has a population of 1,660,272, although the metro area reaches far and wide and is made up of more than 4.5 million residents. On the overall Best Places to Live list, where Phoenix ranks No. 26, the metro area scores highest for its desirability and growth due to net migration. The Phoenix metro area grew by 6.3% due to net migration between 2013 and 2017.

Learn more about the Phoenix metro area.

4. Houston

4. Houston

Houston, Texas, USA downtown park and skyline at twilight.

(Getty Images)

City Population: 2,325,502

Metro Best Places 2019 Rank: 30
Metro Area Population: 6,636,208
Median Home Price: $223,875
Median Annual Salary: $53,820

With a population of 2,325,502, Houston is the fourth-largest city in the U.S. Many parts of the larger Houston metro area, home to more than 6.6 million people, are unincorporated, making it relatively easy to develop new properties and improve existing ones to better house the ever-growing population. Easier property development means the Houston area is able to maintain a relatively low cost of living: Residents of the metro area spend 22.6% of the median annual household income on housing expenses.

Learn more about the Houston metro area.

3. Chicago

3. Chicago

Scene of Chicago street bridge with traffic among modern buildings of Downtown Chicago at Michigan avenue in Chicago, Illinois, United States, Business and Modern Transportation concept

(Getty Images)

City Population: 2,705,994

Metro Best Places 2019 Rank: 104
Metro Area Population: 9,549,229
Median Home Price: $221,983
Median Annual Salary: $54,160

It may carry the nickname "Second City," but Chicago is in fact the third-largest city by population in the U.S. More than 2.7 million people live in the city, and an additional 6.8 million people live in the surrounding suburbs, which include Evanston, Naperville and Aurora in Illinois, as well as a couple of municipalities in Wisconsin and Indiana. While Chicago remains one of the largest cities in the U.S., it may not stay near the top for too long: Between 2013 and 2017, the Chicago metro area’s population shrank by 2.44% due to net migration, making it the sixth-fastest shrinking metro area out of the 125 most populous in the U.S.

Learn more about the Chicago metro area.

2. Los Angeles

2. Los Angeles

Downtown Los Angeles skyscrapers at smoggy sunrise

(Getty Images)

City Population: 3,990,456

Metro Best Places 2019 Rank: 107
Metro Area Population: 18,585,594
Median Home Price: $526,214
Median Annual Salary: $53,803

Nearly 4 million people call Los Angeles proper home, although you’ll find more than 18.5 million residents in the metro area. While Los Angeles has a downtown, the metro area spreads far and wide, with plenty of areas that offer a more suburban feel than other major cities. Outside the downtown area, you’re less likely to see many high-rise office or apartment buildings.

Learn more about the Los Angeles metro area.

1. New York City

1. New York City

An overhead view of Central Park and Manhattan

(Getty Images)

City Population: 8,398,748

Metro Best Places 2019 Rank: 90
Metro Area Population: 21,139,370
Median Home Price: $386,862
Median Annual Salary: $63,079

The biggest city in the U.S. is an obvious one: the Big Apple. New York City is home to more than 8 million people, but the metro area that includes boroughs like Brooklyn, Queens and Staten Island, plus suburban areas like Westchester, New York, and parts of New Jersey, has a population of over 21 million. For people looking for urban options within the larger metro area, New York offers many choices not just in the city itself, but in parts of Long Island and New Jersey.

Learn more about the New York City metro area.

The biggest cities in the U.S. by population are:

The biggest cities in the U.S. by population are:

Yellow cabs iare rushing trough the city in the sunset time. Manhattan, New York City, US.

(Getty Images)

  • New York City.
  • Los Angeles.
  • Chicago.
  • Houston.
  • Phoenix.
  • Philadelphia.
  • San Antonio.
  • San Diego.
  • Dallas.
  • San Jose, California.
  • Austin, Texas.
  • Jacksonville, Florida.
  • Fort Worth, Texas.
  • Columbus, Ohio.
  • San Francisco.
  • Charlotte, North Carolina.
  • Indianapolis.
  • Seattle.
  • Denver.
  • Washington, D.C.
  • Boston.
  • El Paso, Texas.
  • Detroit.
  • Nashville, Tennessee.
  • Portland Oregon.

Read More

Tags: real estate, New York, New York City, housing, housing market, home prices, new home sales, existing home sales, pending home sales, renting


Lisa Larson is a licensed associate real estate broker for Warburg Realty in New York City. Ranking as a Top 5 broker firm-wide for each of the past four years, including Warburg Realty's No. 1 Top Producer in 2017, her strong command of the market has led her to sell an average of $50 million in residential sales per year.

Larson has appeared in The New York Times, Wall Street Journal, The Real Deal and other top-tier outlets for her industry insights and expertise. Recognized among her peers for her eye for design, she has bought, renovated and sold apartments and homes in New York City, San Francisco, Chicago and Nantucket, providing her an acute insight into the needs of buyers and sellers alike.

Lisa holds a Master's degree in History and was a member of the Division I cross-country and track teams at the University of California, Berkeley. Larson also remains actively involved with various charitable foundations, neighborhood associations and at both of her children's schools, and serves as a director on the board of the USA Track & Field Association.

Recommended Articles

Housing Market Expectations in 2020

Devon Thorsby | April 2, 2020

The coronavirus pandemic has reduced homebuying and selling activity. Here’s how it could impact the housing market for the rest of 2020.

What Take Off Your Must-Have Home List

Steven Gottlieb | April 1, 2020

Don't let your vision of your dream house cloud your judgment on which details you really need in a home.

All About Tenant Rights in New Jersey

Devon Thorsby | March 31, 2020

Here are the basics you should know if you find yourself disagreeing with your landlord.

What to Do If You Can't Pay Rent

Devon Thorsby | March 27, 2020

Orders to close businesses have left many people without income. Here's what to know about making rent amid the COVID-19 pandemic.

DIY Projects That Add Value to Your Home

Mady Dahlstrom, Devon Thorsby | March 26, 2020

While you're spending extra time at home, add value to your house with these easy do-it-yourself projects.

How to Set Up a Home Gym

Devon Thorsby | March 25, 2020

Create a home gym setup that will encourage you to stay active as you shelter in place.

'For Sale by Owner' the Right Way

Maryalene LaPonsie | March 23, 2020

Selling your house without an agent can save you thousands, but you could lose money if you don't do it correctly.

10 Secrets to Selling Your Home Faster

Teresa Mears, Devon Thorsby | March 20, 2020

Consider these low-cost ways to sell a home fast by attracting buyers with great photos, fresh curb appeal and social media buzz.

How to Disinfect Your Home

Devon Thorsby, Melissa Shin | March 20, 2020

Pay attention to high-touch areas of your home – especially those you don't normally disinfect.

Can Virtual Staging Help Sell Your Home?

Dima Williams | March 20, 2020

Any staging is better than none, a stager says, but virtual versus physical staging is a decision with sale and profit implications.

How Do I Find My Property Lines?

Devon Thorsby | March 19, 2020

Determining property lines can provide you with information for needed legal changes to your home and backyard.

Virtual Tools for Homebuyers

Devon Thorsby | March 18, 2020

Social distancing doesn't have to prohibit your ability to buy a home. These virtual tools can aid in the deal.

What to Know If Buying New Construction

Wendy Arriz | March 17, 2020

You have the chance to avoid the headache and hassle of construction and move into your brand-new dream home.

Coronavirus Leads to Low Mortgage Rates

Devon Thorsby | March 16, 2020

Economic uncertainty in the wake of COVID-19 sends mortgage rates historically low, and it might be the right time to buy or refinance.

States With the Lowest Property Taxes

Devon Thorsby | March 11, 2020

Median property taxes in these states are the lowest in the U.S.

What to Know About Moving to Hawaii

Devon Thorsby | March 6, 2020

Get ready for sun, sand and a high cost of living if you're considering a move to Hawaii.

5 Reasons You’re Still Renting

Steven Gottlieb | March 6, 2020

Financial, personal and professional factors may lead you to put off homeownership. Should you remain a renter indefinitely?

The Best Places in Florida for Families

Devon Thorsby | March 4, 2020

We rank 11 Florida metro areas for how they’ll appeal to families based on the details that matter most.

Small Bathroom Storage Ideas

Deanna Haas | March 3, 2020

Make the most out of your small bathroom space with these sensible storage and organization solutions.

The Best Real Estate Apps to Download

Devon Thorsby | Feb. 28, 2020

These apps help you house hunt, find a rental and calculate mortgage details.