2 charts show why families need $159,000 a year to afford NYC

New York City Mayor Zohran Mamdani is joined by New York Governor Kathy Hochul at an event in Brooklyn to support more housing construction in New York City Spencer Platt/Getty Images A new Mayor's Office report found that New Yorkers with kids spend $159,197 a year on basics. Residents say housing, childcare, and grocery costs are backbreaking. Affordability is a central piece of Mayor Zohran Mamdani's agenda. New York City Mayor Zohran Mamdani has a new warning: Living in the city with ki...