Ignite FB Tracking PixelAre you paying a "Singles Tax"? - Nadine Fite
One Sotheby's International Realty
Nadine Fite, One Sotheby's International RealtyPhone: (917) 513-9592
Email: [email protected]

Are you paying a "Singles Tax"?

by Nadine Fite 02/23/2023

If you're single and living in a one-bedroom apartment on your own, it's no surprise that you're paying more than a couple living in the same situation. Makes sense, but essentially you are paying a 'tax'. If you are living in Manhattan, you're paying almost $24,000 more a year than if you lived with someone else!  While it's not an actual tax, it does give single renters something to think about.

One-bedroom rents in South Florida are almost half that in Manhattan. Plus, you're not paying New York's high state income tax. 

What is the moral of the story?

If you have the ability to work remotely, you should consider relocating to Florida!

It's a simple equation: Significantly lower rents + no state income tax = loads more free cash.  

Plus, you can't beat the South Florida lifestyle!  Need I say more?

Contact me today to start your new lifestyle search. 

Click here to read more: New York City is the most expensive place to be single

About the Author

Nadine Fite

 “Knowing how you want to live is the first step toward knowing where." This is the Fite Way.

Most real estate sales professionals are good listeners, attentive, and understand how to match people and properties. The exceptional advisor, like Nadine Fite, offers something more.

Clients who’ve worked with Nadine Fite recognize that she’s a different kind of luxury real estate specialist, in part because she shares common ground with so many of her clients. It’s her business expertise honed across decades working in strategy, marketing, technology and business development for global Fortune 50 companies, including Deloitte, Salomon Brothers and American Express. This unique background allows Nadine to deliver an unparalleled level of acumen and service that consistently exceeds client expectations.