The typical cost of a manicure in the city helps explain the abysmal pay. A survey of more than 105 Manhattan salons by The Times found an average price of about $10.50. The countrywide average is almost double that, according to a 2014 survey by Nails Magazine, an industry publication.
With fees so low, someone must inevitably pay the price.
Ever wonder why getting you nails done in NYC is cheaper then just about everywhere else? Doesn’t it seem incredible that one of the most expensive cities in the US could have a service that is cheaper then almost anywhere else? This is a great expose in the NYT about how workers are exploited.
I particularly liked this map showing the number of Starbucks vs. nail shops:
Here’s a great interactive graphic from Trulia.com that shows the ratio of renting to buying. The ratio is how many years of paying before you paid full price for an equivalent house. This data is comparing the median list price with that of a two bedroom apartment.
For example, in NYC renting is so much better that you’d pay rent for 39 years before you’d paid the amount the house costs. A good estimate is the rent-to-price ratio should be about 17:1.
The size of the circle shows how much the rent is (e.g. bigger circle means more rent). The color indicates the ratio (e.g. red means better to rent; green means better to own).