People who live in luxury apartments can save money if they can keep up with the pace of rent increases.
The New York Times reports that the average monthly rent for a three-bedroom apartment in Manhattan, for example, has gone up by over a dollar since 2014.
The paper says the average rent for one-bedroom apartments in New York City has also gone up in recent years, and that’s driven up rents for people who live near the center of the city.
The average rent in San Francisco, meanwhile, is $2,000 a month.
A study released this month by the New York Council of Governments (NYCGC) says the city has lost more than 4 million people in the past three years, which is a record.
The report says New Yorkers who earn $250,000 or more a year are paying nearly double the median annual rent for the area.
The city has also seen a 30 percent increase in the number of homeless people, according to a report released by the city this year.
The report says the numbers aren’t just in the city’s homeless population, but that they also reflect the costs of living in the region, as well as the health of the region.
“A lot of people feel like they are stuck,” said Michael Waddell, the co-author of the report.
“They feel like it’s not worth living in San Franciscos.”
According to the report, more than one-third of the people living in poverty in the country live in New Jersey.
The cost of living has also risen for people in New England, with New York and Massachusetts both seeing significant increases.
Waddel said he believes the region’s problems are exacerbated by the cost of housing.
“We’ve got a high cost of life,” he said.
“It’s not just the cost to live here, it’s the cost that comes with it.”