Home to more than 2.6 million residents, Brooklyn is busy, diverse, and constantly growing. Living in Brooklyn gives you access to art, culture, international cuisine, and yearly celebrations. The borough is packed with bars, pop-up art galleries, boutiques, symphony halls, and museums.
Even though Brooklyn is fast-paced and trendy, it is still less expensive than living in New York City. You can save about 10 percent by choosing to rent in Brooklyn over other New York City locales. For example, a one-bedroom apartment in Brooklyn will cost you an average of $2,256. In New York City, a one-bedroom averages $5,813. However, Brooklyn is far from cheap. In fact, it’s one of the most expensive cities in the nation, with the average house costing about $750,000, compared to the national average of $428,000.