What the average Airbnb host earns in one of the world’s most expensive cities

[Guest Yoni Heisler]

http://androidforum.us/data/MetaMirrorCache/6a8c8eee665416633a592d90babe875a.jpgWhen it comes the cost of living, few places in the world are as expensive as New York City, a place where a tiny studio can sometimes run as high as $2,000 per month. In turn, Airbnb, not surprisingly, has become exceedingly popular service in the Big Apple. Not only is New York City a top-flight tourist destination, but the high cost of living there incentivizes New Yorkers -- perhaps more so than in other cities -- to put their places up on Airbnb for a little bit of extra cash each month.

 

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