STATEN ISLAND, N.Y. — A recent report has revealed that nearly half of all Staten Islanders are not meeting the funds they need to live within the five boroughs.
The first New York City True Cost of Living Measure report was released in March by Mayor Zohran Mamdani’s office — and it offers some startling insights.
Staten Island stats
The first thing to know is that 18% of New Yorkers who live within the five boroughs meet the standard poverty level. On the other hand, 62% of New Yorkers don’t meet their true cost of living threshold, according to the analysis.
There are a bevy of reasons for this. Disability, age, borough, wage gaps, government interference, and racial and ethnic disparities are just a few of the things considered in the report…