Half of households in New York City don't make the $100,000 or more needed to afford living there

• New York City is experiencing a rapidly worsening affordability crisis, according to a major new report.
• Half of all of New York City's working-age households can't afford their basic needs, the study found.
• Job losses and rising costs, including skyrocketing housing costs, are driving the crisis. 

Half of all of New York City's working-age households can't afford the city they live in, according to a major new report released on Tuesday by the Fund for the City of New York and the United Way of New York City.