NYC Prices Climb Faster Than Other Areas Due to Misguided Policies from Albany

New Yorkers are bearing the brunt of reckless policies from progressive Democrats, with prices in the Big Apple rising faster than in twelve other major US cities.

It’s not just housing costs that have surged, increasing by 5.7%, which outpaces the national average of 4.7%.

The expense of furnishing city apartments (home goods) has soared by 6.9% compared to a mere 0.4% across the country; grocery prices continue to climb, and clothing costs have jumped by 4.1%.

The “criminal justice reforms” from Albany play a significant role in this issue, as retail stores struggle to compensate for rampant theft. (And the time spent waiting for a clerk to unlock an item is not counted in inflation measures.)

Household energy prices have also skyrocketed, with natural gas costs rising by 13.9%.

Moreover, local electricity bills are set to continue escalating since the state is promoting unreliable and costly wind and solar energy as the future, while phasing out oil and natural gas.

Prepare for increased strain on your budget with Gov. Hochul’s $9 congestion-pricing toll set to take effect next month: It’s like “kerosene on a fire,” as asset manager Ken Mahoney expressed to The Post regarding companies likely passing these toll costs onto consumers.

Hochul’s claim that her plan to provide New York families with a one-time $500 “inflation refund” check late next year will alleviate economic burdens is laughable.

In reality, it won’t come close to offsetting what commuters will lose to her tolls, nor the costs passed along: “Everything that comes in and out of NYC is on a truck,” Mahoney points out.

Liberal tax-and-spend policies have caused New York state to shrink compared to the rest of the nation for decades, with progressive dominance now resulting in record levels of outmigration.

However, those who stay are still feeling the pinch: Expect their discontent to reflect in the voting booths during the 2026 state elections.