- The rising cost of dinner and a movie partly reflects the effects of a strong dollar and “U.S. exceptionalism” in capital markets. Americans benefit from cheaper clothes and taxi rides versus peer cities abroad, but the average New Yorker’s disposable income takes a massive hit from rent, even compared with other major U.S. cities.
If you feel like it’s getting harder to treat your partner to a night out without breaking the bank, you’re right. New Yorkers, specifically, probably won’t be surprised their city is the most expensive place to date in the U.S., but it could be worse.
