Well, it depends on who you are. For most people who are young and in the making i would say, yes it's better to rent in NYC. However, if someone is looking to settle down and buy a families house then I would say you should try to move out of NYC, where real estate is very expensive. Users can explore more from https://www.nyrentownsell.com/blog/11-benefits-of-renting-an-apartment-in-nyc/ to now.