Middle-class New Yorkers are going more than $12,000 into the red every year just to make ends meet, a depressing new study has uncovered.

GOBankingRates analyzed America’s most populous cities to determine where salaries go the furthest, analyzing the cost of living in each metropolis and comparing it to the median income there.

The financial site used data from the Bureau of Labor Statistics, the U.S. Census American Community Survey, and Pew Research to calculate the figures.

Middle-class New Yorkers are going more than $12,000 into the red every year just to make ends meet, a depressing new study has uncovered. mandritoiu – stock.adobe.com

The Big Apple was determined to be one of the worst cities in the country for the middle-class, with annual household living expenses estimate

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