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Why only the rich can afford to have more than 2 kids in New York
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Ms Sarah Almodovar lives with her husband and their three young children in a nearly 750 sq ft apartment.
PHOTO: NATALIE KEYSSAR/NYTIMES
Eliza Shapiro
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It has always been expensive to raise a child in New York City. Try having three.
The median rent for an apartment with three or more bedrooms in Manhattan is more than US$7,000 (S$9,000). Inventory for large rental apartments is at a six-year low. Daycare for three young children can run some families US$50,000 or even US$100,000 a year.
