Map Shows the Best Neighborhoods in the World’s Top Cities Are Still Cheaper Than NYC

Posted On Mon, September 14, 2015 By

Posted On Mon, September 14, 2015 By In Features, maps, real estate trends

With real estate prices soaring so high and so quickly, a lot of us are questioning if we even want to live in New York anymore—not to mention if we can. Well, for those of you who find yourself saying “I’d leave, but I’m just not sure where I’d go,” look to NeighborhoodX‘s latest creation, the “F- -k it” map, for some inspiration. You might be surprised (if not depressed) to find out that the price paid for a Bed-Stuy or Harlem apartment could also get you pretty sweet pad in the South of France or even trendy Paris.

rome versus new york cityThe historic center of Rome versus Long Island City, where the rents are on par with one another

The map culls per square foot prices from the top and most luxurious metropolises across the globe and, like NeighbohoodX’s 3D map which zoomed in on NYC nabes, pins these places against one another to put their prices into perspective.

As Constantine Valhouli, creator and founder of NeighborhoodX, tells 6sqft:

“The idea behind the map [is that] NYC is one of the most expensive real estate markets in the world, and it sometimes skews our idea of what ‘normal’ prices look like. We analyzed the average prices for a two-bedroom in various neighborhoods of the city, and discovered that even under-the-radar neighborhoods here are the equivalent price per square foot of some of the best neighborhoods of leading worldwide cities.

“For example: Long Island City is priced the same as the best neighborhood of Rome; Roosevelt Island to the fancy Ostermalm neighborhood of Stockholm, and Fort Lee, NJ is the equivalent of Mitte in Berlin.”

Basically, that dream you’ve always had of living in Europe isn’t as far-fetched as you think.

You can try out the map and make some comparisons below:

Get more info from NeighborhoodX here.

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