A cost of living study for New York City shows a big rise in the number of households struggling.
A United Way survey shows half the working age households in New York City don’t have enough income to meet their basic needs. That’s a big jump from the 36 percent a couple years ago.
“This report accounts for the pandemic. So it really is taking into account the pandemic impact on the economy as well as the additional factors that have contributed to rising costs.”
Elizabeth Angeles with United Way says households with single mothers have the highest rates of income inadequacy throughout the city. Families in the Central Bronx are struggling the most.