NYC migrant crisis costs will crack eye-popping $5 billion on shelters, security and food - amount could double by 2025 | 15 Aug 2024 | New York City has likely surpassed $5 billion in spending on services for migrants -- including nearly $2 billion alone on housing the scores of new arrivals flooding into the Big Apple, according to city data. The eye-popping figures, listed on the city's online asylum-seeker funding tracker, shows the city overall spent $4.88 billion combined through fiscal years 2023 and '24. Based on the rate of spending, the city likely exceeded more than $112 million since the start of the new fiscal year beginning July 1, or will soon, cracking $5 billion. Mayor Eric Adams's administration has even projected the cost could double, hitting $10 billion over the three year period ending June 30, 2025. The NYPD alone has spent $21 million on public safety and security costs amid mayhem breaking out in and around the city-funded migrant shelters.