Home » New York City migrant crisis costs expected to exceed $5B in 2-year period — double to $10B by 2025

New York City migrant crisis costs expected to exceed $5B in 2-year period — double to $10B by 2025

New York City is projected to have soon spent $5 billion in the past two years providing shelter, food and other services to migrants.

NewYorkCityissoonprojectedtohavespentmorethan$5billionoverthelasttwoyearsonthemigrantcrisis–anestimatethatisexpectedtodoubleby2025.  Atanaverageof$352pernightforatleast36,939households,thecityprojectsitwillspend$4.75billionprovidingshelter,food,healthcareandeducationtotheinfluxofmigrantsinthe2025fiscalyear,accordingtothecurrentforecastbythecity’sonlineasylumseekerfundingtracker.Thecitybudgeted$3.76billioninfundingforthemigrantcrisisinthe2024fiscalyear.  Inthe2023and2024fiscalyearscombined,thecityspent$4.88billiononthemigrantcrisis.  Basedonthecurrentrateofspending,theNewYorkPostreportedthatthecityhaslikelyspentmorethan$112milliononthemigrantcrisissincethestartofthenewfiscalyear,whichbeganonJuly1,meaningthecostofthecrisiswillsoonexceed$5billionifithasn’talready.That’snearlytheamountofthetotal$5.8billionbudgetallocatedfortheNewYorkCityPoliceDepartmentbudget