Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Manhattan is a major commercial, financial, and cultural centre of both the United States and the world and is home to Wall Street, the New York Stock Exchange and NASDAQ. Many major radio, television, and telecommunications companies in the United States are based in Manhattan, as well as many news, magazine, book, and other media publishers. The United States of America (USA) is in North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico. The climate is mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semi arid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest. The official language is English. It is predominant in business circles throughout the US. The US has highly cosmopolitan immigrant communities, particularly in cities who speak many other languages. Spanish is widely spoken in districts of most cities, as well as areas near the Mexican border. The main religion is Christianity. The economy of the United States is a capitalist mixed economy, fuelled by abundant natural resources, a well-developed infrastructure, and high productivity. The U.S. economy is the largest national economy in the world, with an estimated gross domestic product (GDP) equal to a quarter of nominal global GDP and a fifth of global GDP at purchasing power parity. Expatriate business dress is generally formal, comprising jacket and tie for men and suits for women, although this may differ by industry and state. The security risk for expatriates in the United States is low overall, but medium in low-income, inner-city areas. Risks include terrorism, opportunistic street crime (such as pickpocketing, bag-snatching, mugging and vehicle theft), and violent crime in low-income, inner-city areas. Other risks include hurricanes, forest fires, and snowstorms. The currency of United States is the US Dollar (USD). Banking is on a par with the rest of Western Europe and North America. Medical facilities are good, however the cost of treatment for expatriates can be high. Some hospitals may ask non-US residents to pay a deposit or ‘good faith’ payment on admittance. The population of New York (Manhattan) NY is 1.6 Million (2016 est.), while the inflation rate is 0.8% (2016 est.).
Cost Of Living
The cost of living for expatriates / professional migrants in In New York (Manhattan) NY, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): New York (Manhattan) NY as at 1 July 2016 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Very High 2) Clothing: Very High 3) Communication: Low 4) Education: Very High 5) Furniture & Appliances: Very High 6) Groceries: Very High 7) Healthcare: Very High 8) Household Accommodation: Very High 9) Miscellaneous: Very High 10) Personal Care: Very High 11) Recreation & Culture: Very High 12) Restaurants Meals Out and Hotels: Very High 13) Transport: Very High New York (Manhattan) NY is for example 5.8% more expensive than Ghana for groceries, 225.5% more expensive for household costs than Greece, and 29.1% more expensive for transport costs than Thessaloniki. The hardship premium for New York (Manhattan) NY for an expat from Toulouse, is for example 0%, i.e. host location (New York (Manhattan) NY) premium of 10% minus home (Toulouse) location premium of 10%. New York (Manhattan) NY is ranked as a minimal hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in New York (Manhattan) NY? Register subscribe to your home location and New York (Manhattan) NY and run your personalised reports.