Living alone in New York City isn’t just about having your own space—it comes with a hefty price tag. A new report from Zillow and StreetEasy reveals that single renters in the city are paying an average of $20,100 more per year compared to those who split the rent with a roommate or partner.
That’s a massive financial burden, often called the “singles tax,” and it’s only getting worse as rents continue to climb.
Manhattan Hit Hardest
If you’re living alone in Manhattan, you’re feeling the biggest impact. The report shows that a one-bedroom apartment costs more than $50,000 per year—meaning if you had a roommate or partner to split with, you could save over $25,000.
Brooklyn isn’t far behind, with single renters paying an extra $36,500 per year just for the luxury of privacy. Even in Queens, where rents are lower, living solo still costs thousands more than sharing an apartment.
Rising Rents Make It Worse
New York’s rent prices have jumped 24% in the past five years, making the singles tax even harder to ignore. In 2022, the difference between living alone and splitting rent was about 40% lower than it is today.
The national average singles tax is around $7,500 per year, but in cities like San Francisco and San Jose, it’s still nowhere near the $20,100 New Yorkers are facing.
Why More People Are Moving In Together
With costs so high, more people are choosing to move in with roommates or partners earlier than planned. A 2023 survey by Realtor.com found that 80% of Gen Z renters said financial reasons played a role in their decision to cohabitate.
For many, it’s no longer about romance or friendship—it’s about survival.
How to Afford Living Alone
For those determined to live alone, there are still ways to make it work:
- Look for rent-controlled units – These apartments have more stable pricing, making solo living slightly more affordable.
- Negotiate your lease – Some landlords may offer lower rent or incentives, especially in slower rental seasons.
- Consider co-living spaces – Private bedrooms with shared common areas can be a cheaper alternative to full apartments.
Is It Worth It?
Living alone in NYC is a dream for many—but at an extra $20,100 per year, it’s a costly one. As rent prices keep climbing, the singles tax is making solo living harder than ever.
For some, the price of privacy is worth it. But for many New Yorkers, it’s forcing tough decisions about their future housing plans.
Would you pay the extra $20K to live alone, or is it time to find a roommate?
