Salary to live in new york reddit. - it is possible to live on a teacher salary in nyc.

Salary to live in new york reddit Felt like a rich bitch even though I shared a room that had a shower curtain dividing it in two. Practical answer would be to live in Cleveland, pay off loans due to lower cost of living, invest in your retirement fund, gain experience at your job, and then transfer or find a brand new position in NYC for more money. I pay for a studio apt (Covid deal) and bike everywhere. And that's assuming no overtime. Unless your stipend is really low (less than $25k a year), I would say the main factor is whether you value what NYC has to offer enough that the particularities of living here wouldn't bother you as much. What is the minimum salary to live comfortably in New York City? Archived post. 93 or $2450. After living in another state for about 20 years, my sibling has moved back. Minimum wage is $15/hr, but if you have any experience or motivation, you can probably make closer to $18/hr within your I just got a new job in NYC and i'll be making 65k before taxes. That's someone salary. e. I might be getting a new job that’s fully remote and I’m thinking about moving to New York as it’s always been a dream of mine. I imagine even in New York hotel pay is pretty low though. New comments cannot be posted and votes cannot be cast. Cost of living is crazy high in NY, MA, NH, and CA and WA. They were both driven, ambitious, and passionate about their careers. Millennial with $4300 mortgage + another $500 in utilities and misc maintenance cost @ southern brooklyn. That being said, the cost of living in New York City is also higher as a result. Look, just don't live above your means. This is what assuming it’s just you and you don’t want roommates. I have an irrational fear of living with strangers, but I'm looking for work in the entertainment industry in NYC and they don't pay the $80k+ salaries you typically need to get a studio or 1br in New York. comparing average rent to average salary can be misleading without much more context. It's going to cost you around 800-1k a month. My entire family is Is the CoL higher than New York? Or, well, the parts of New York that people particularly want to live in? The average studio in Manhattan is $2. I live in Manhattan, in a 1 bedroom apartment, for less than $2k. I make about 35k. r/nyc, the subreddit about New York City. Average is is around 80k. So ideally, everyone starts out at 68,000. Nannies can easily get a multitude of jobs through agencies that pay a minimum of 30. 62 in hourly wages, or an annual salary of $138,570. Closer to the 100K mark if you have a lot of debts. I’d go with New York assuming you’re making a lot of money. Just learn to live somewhat frugally and you’re good. It's actually fairly good in quite a few large cities outside NYC too. New York City was difficult because of the low pay, poor or non-existent benefits, and the high rents. I know this. Comfortable living in NYC as a single-payer starts at $250K/ y. Many studios can be had for $1700 Had a car in the mid 90s-2001, split with an ex. In which case 85K isn't great but its acceptable. How homesick do you get? Little Lima is approximately 1 hour away from the World Trade Center via public transit. I pay my taxes, give a little to charity and tuck away 6% of my pay in a 401k. The living conditions are slightly nicer if you get a nice apartment. Even 60k is enough to live on your own in Manhattan, but 80k is about the average household income for the city so if you have another source of income, you're set for a family. Literally millions of New York families live perfectly comfortably on it’s not worth it. 9k, with the average one bedroom coming in at $3. You can still enjoy nyc without living in nyc. I've moved to the city recently from out of state and make a respectable amount of money - not 6 figures but I can afford Affluenza is real and social media is not. New York's rules are designed so that someone working for a NYS-based employed who could work in their NY office but avoids doing so for tax/cost of living/convenience reasons, is still liable for NYS income tax. I hustle my ass off (personal trainer). If you're talking about a single family home, add another 25-30% on top of that. I live a very comfortable life on my upper 70k salary in Albany county. Queens is the easternmost of the five boroughs of New York City, the largest in area and the second-largest in population. Possible to live alone but you’d need to live further away from Manhattan for a Is 83k a sufficient salary for living in New York City? I’ll be a first year audit associate at PwC and my options are Detroit (75k) or NY. I’m out of state atm looking to move (although close enough to drive/train in) but I’m just not familiar with the hotel market, pay scale, etc. So how do you (or can you) manage to live in NYC with such low salary? COL calculators are fundamentally flawed. Been an Upstate New Yorker for my whole life (31 years) even though Hochul keeps telling us we're not "true New Yorkers" it's not a bad place to live. 5 years so far. The only other way people survive here in NYC besides NYCHA is living in a college dorm using financial Aid, 3-4 roommates, live with their parents, couch surfing, having a rich boyfriend/girlfriend, Michell Lama (Another low income program). I have little time to make this decision between these two contrasting options, getting quite nervous 😅 Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any So I wanted to move to nyc for the career ops but when looking at the roles in NYC, I’m seeing barely anything touch 100k. The city has become so unaffordable it’s ridicules. I pay $1425 for my half of the rent and my parents don’t help me with money. Just move to jersey city. Skip to main content In New York City, a $100,000 Salary Feels Like $36,000 News I think that their "adjusting for cost of living" is just subtracting cost of living. focus on career progression Brickell has less issues with urban living than NYC for example and at lower cost. 800 in queens ? A basement is 1k to 1. And while I can do the $3k and have been, it’s uncomfortable so I’ve been renting out a room and with the extra money I finally feel like I can live. California doesn't have local city income taxes like NYC's, but the threshold for its top income tax rate is a lot lower than New York state, it's a 12. At your particular salary level of $80K there's Will my potential new salary allow me to live alone in New York City? from a month ago and 75k job in Manhattan from 2 months ago. 168 votes, 67 comments. But you can live in NYC on even less if you have roommates and split rent. I live in Queens and commute half an hour to work to Manhattan. Get the Reddit app Scan this QR code to download the app now. But if you value travel and tourism then London gives you more options because of its proximity to EMEA. I haven't but I think it's the best way for you to move out. Share Sort by: Related Reddit Ask Online community Social media Mobile app Meta/Reddit Website Information & communications technology Technology forward back. I have a specific situation where I decided this is how much I am willing to pay to be happy in this situation. “Comfortably” is defined as as 20% for savings or investments. I don't have any connections in the I am a 24 year old male with a girlfriend also living in Manhattan (living with her is not an option until we are engaged). Data includes cost of necessities including housing, food, transportation and income taxes. If I do $400 a month it’ll be done in 2 years. Or check it out in the app stores   Salary Needed to Live Comfortably ($339,123); San Jose ($334,547); Boston ($319,738); Arlington, VA ($318,573); New York City ($318,406); and Oakland, CA ($316,243) to raise two children with enough money for needs, wants and savings Yes! You can look at data. I will be moving in the next couple of months to Weehawken / Union City / Hoboken area for work. On the coasts, 30-35. Yes, you'll probably have less control your own space (roommates) and ability to get around (public transportation) but you'll experience much more than you would experience in almost any other city in the world. true. you may be surprised to know that many colleagues don't live in nyc but rather nj, long island, or west chester and have fairly long commutes every day. I’d much rather live in a 1BR in NYC than a mansion in the middle of nowhere. A search for a reasonably priced apartment in NYC was unfruitful. Otherwise, you have to take the Verrazano bridge to get from Staten Island to southwest Brooklyn, so living in Staten Island and working in Bay Ridge or Coney Island is also doable). 64 votes, 109 comments. i live in an amazing garden apt on willow street in the heights. I thought a salary of 90,000 would be very doable but I soon found out that’s barely enough to get by. - it is possible to live on a teacher salary in nyc. You can probably get away with 65k-70k since living expenses are cheaper in hk including rent, utilities, food, transport. In my field (engineering) it seems like salaries in high cost areas tend to not be high enough to fully offset the higher costs. Obviously anything more than that would also be living comfortably, but I think the minimum you need to LIVE in NYC (if you want to live alone and in an average neighborhood, is around $50,000-$60,000). You could buy a decent single family home in parts of NYC suburbs on an $85K salary. Though if you're driving into NYC you'd see tolls and city parking costs skyrocket Yes, I moved to NYC years ago on an $85k salary and was able to do all you mentioned. if you start a new job. very possible that salary climbs to +$160/$180k over the next few years. A single income of $100,000 might feel comfortable for one person, but it could be tight for a family of four. ) 2K is about as cheap as it gets for a studio in Manhattan and thats a good price on upper east side. I also think that using income stats is often misleading. 4K votes, 592 comments. Base pay is about 100k a year, with overtime I brought in 180 last year and about 200/year for the four years before that. I figured if im living in Manhattan I’d need to make at least 105k in a senior role. The paycheck calculator I used says $4733 per paycheck if paid biweekly and living and working in NYC. If you want to live an area that gives you the "New York" experience I assume you are expecting (e. I make over 100k and live ok (for New York standards). If you have been a DOE teacher for five years, your salary goes up another $1,429. /hour. I got a job offer with New York City. reReddit: Top posts of June You would think NYC would pay more to make up for the cost of living, but I've only been offered 60-65k before for a NYC job. We do not have a lot of money and would be looking to pay $800-1100 in rent per month, ideally. the pay is ass compared to the cost of living unless you’re gonna move to a NJ suburb 2 hours of commuting away. First and foremost, I'm not sure where to ask this. is $68,499. Unless you have to drive out of the city to go to work, you won't need it. I remember in my twenties, you had to live with roommates. 115k+ is awesome for a young person in NYC. It can be done on 50k, but you'd better have a good reason for being here because you can also have a great time in Seattle or Boston or any number of other US cities without putting ALSO consider that your income should grow over time. My husband made $24k when he first moved here in 2007. Most people who live+work in NYC don't either. The way I see it, NYC has a lot of amenities you wouldn't get anywhere else, but most of them are included in the local prices, especially rent. The median home price here is 625k. That 90-110 range and also felt okay but didn’t save muchthen again I wasn’t trying to be particularly frugal either. I have already started budgeting my expenses and am confident I can save about $4-5k total from my paychecks for the next 5 months until I need to move. These days, I’d say at minimum $180,000. New York City actually ranks 49th out of 50 cities — a single person who makes $79,489 in New York has to put aside 36. It’s no fun being house poor as a 24 year old in New York. I’m a 23f aspiring fashion stylist who loves to go out, try cool restaurants, shop, etc. Hi, I moved here in 2010 at 24 and worked in the service industry for a few years earning low wages for the most part. I had a conversation with a few friends this weekend regarding NYC affordability and made note of my interactions with co-workers (young professionals) in my office who earn substantially less than I do, yet somehow afford to live in Manhattan with little effort. Not sure on utilities. All will have buildings with great amenities, proximity to nightlife and luxury gyms/leisure activities. Depending on your interests, one of the following could work. How the hell are new NYPD officers supposed to live in NYC? For example, starting salary for a rookie NYPD officer is 45,000 a year. S. Living off 60k salary in NYC So most users advise young financiers to start their career in New York City. half of nyc schools are wonderful places half of them suck. Can you afford a 2K studio? Yes. I was thinking of applying to the new Ritz Carlton. life in NYC is not what you see on TV and the Movies , its not Sex in the City, its not Girls. That being said, when you file your NY state tax return, you should get a refund for any NYC local income taxes you paid if you don’t have a residential address in NYC. Having your own 1 bedroom in desirable part of manhattan, going out with coworkers for dinner/drinks/happy hour, ordering delivery on seamless, socializing and travel lifestyle that so many NYC 20 somethings do will make quick work of your take home pay. EDIT: Forgot to mention, I’d have my $1500 security deposit return. Bleak. That’s about $123k a year after tax with no retirement contribution (assume job pays maybe $30k more than $200k and some is being contributed to a retirement account) Exactly. From tiny, 260-square-foot apartments to above-average-priced milk, here's what living in New York on a $100,000 salary can really look like. Low cost of living areas don't always mean lower salaries. I just keep to a budget that only gives me a few hundred each week for going out and having fun and it’s still very possible. That car will be difficult to keep in nyc. Your money will probably go further in Chicago, but I'd recommend New York for the culture and lifestyle. Now in my late 30s, I’m still living alone, although I have a SO. My question is: Do I have to pay new york CITY tax? I know I have to pay state income tax, but I’m referring to the added CITY income tax Making it $3,200 per month for children in NYC. I lived in the same apartment when I was making in. We've found rent stabilized apartments, apartments owned by friends of the family, ok living further out in the Burroughs, etc. ER NYC RN here. My Get the Reddit app Scan this QR code to download the app now. So New Yorkers saving $25,000 a year to be comfortable Feb 14, 2024 While the average salary in New York City sits around $73,950, what constitutes a “good salary” depends entirely on your desired lifestyle. So, you'd need an income of ~$200k/year for NYC tax + public transportation to equal that of living outside NYC (and Westchester) and drive a car instead. 900K subscribers in the nyc community. 2k. 4%. You will have a small apartment--much smaller than you're likely used to. You can do $140k+ as a new grad, unless it’s a residency program. Total, that is. That's more There are a lot of rooms available throughout Upper Manhattan and outer boroughs from $800-1000/month. Key things though You’ll likely need roommates for an affordable monthly rent. I was born in New York and mostly grew up in California (I currently live in Massachusetts). It was last updated to reflect the most recent data available on Feb. We eat out once a week. I have been offered a job in NYC, not possible to do remotely, great job, something I always wanted to do but the offer is 70k, full benefits. Or check it out in the app stores Probably a relative +$50k-$70k/year gain for OP taking a $400k/year job in New York and still slightly better at $350k. If I wasn't living here I would obviously not be able to pay the absurd market rate apartments. For example a 1000sqft no-major-repairs-needed town house in neighborhoods fairly close to downtown run about like $800k+ now, so figure needing at least a $200-$250k salary to realistically afford that mortgage while still saving for retirement, etc. I make 52k a year before taxes in NYC (first job after college). If this isn't the right place, I apologize. we're moving to a fairly luxe modern building in jersey city near grove street. Which part of New York City is with nice, new affordable apartments and environment for family but not to expensive? Best place to live in New York but not to expensive? Ex. NYC, my salary was $160k, and my 1 bedroom is $3500 USD/month but it’s crappier, noisy, smaller, and cost of food and services are double the price of what it is in Toronto. We love escaping to the beaches of Long Island & the mountains & countryside of upstate, especially during heatwaves & summer in general. Metro is pretty much a given at $125 a month and food probably $500-600 a month. I currently make 140k and feel pretty comfortable tbh. Honestly, if Upstate New York wasn't associated with NYC, I'd actually enjoy living here. Never been interested in living in Manhattan and my commute doesn't bother me. For context, me and my girlfriend live in North Carolina and are hoping to move to New York in the next year. Here’s a breakdown of how your salary stacks up against the cost of living i Given the insane tax rates, what would a budget look like in NYC? I know a bunch of you all live/have lived there, so I'm sure you have experiences (that's why I ask on this Haskins lives in Brooklyn with one roommate and pays $950 a month for her half of the apartment. 80k will stretch further if you live outside of Manhattan. If you make less, you’ll have to cut corners or suffer from predatory landlords in poorly maintained buildings. g. Assuming this is just counting rent, this is inflated. 5% at $200k. if civil engineer or architect have salary of 3000$ per month if I’m not wrong but I think for that positions is that the minimum salary. Live in NY on less than $100k and I’m quite comfortable. It won't be a mansion in the greatest town (5-10 years ago you could have gotten a town home in a good town for this) due to interest rates, but you could easily buy in a middle class town and live a simple happy life, especially if you have a partner and / or getting a bonus. With a secondary master's or their +30 credits, they're looking at a higher pay bump. I am in a nice area, in a nice new house. our landlords need to sell the house and we couldn't find anything comparable in quality, location, and price. Reply reply This is all nyc. 00/hour is the norm. census. Currently live at home with parents. I don't really plan on living in Manhattan, because it is so expensive. Idk where you guys live or how but I live pretty comfortably in UES with one roommate while making around 40k. New Yorkers, would I be able to live on this in NYC Get the Reddit app Scan this QR code to download the app now. The city can be what you make it. cities": The average salary needed to live comfortably in the U. Private practice in NYC can pay more, especially the more boutique ones that don’t take insurance. a friend who is a Doctor explained it to me that because NYC is a desireable city, there's a much larger pool of candidates for jobs, and they could make 2-3x more money working in a rural area in the middle of nowhere, USA, because the lack of people willing to live in those places drives salaries through the roof for a qualified specialty doctor. 382 votes, 389 comments. Lol. That calculates out to $29410. 20% difference. In Delaware county (Home of plattekill ski area) you will be part of the 1% 42,079 USD is the current median for a household of 3-4 • I make $75k before taxes (also debt free), pay $1900 for a studio in a nice area in Brooklyn, go out 2-3 times a week, eat out 3-4 times a week, and still manage to live pretty comfortably. Most guys live outside the city like Long Island and upstate NY, then you got the guys that keep an address in NY but actually live in jersey, Connecticut and else where. It's on average cheaper than living in the 5 boroughs, but it's still in new york, and near the city, and therefore pretty expensive. working on an upper floor of a skyscraper is pretty cool. Bear in mind--don't plan to keep a car. 1. again, assuming you make a lot of money. Not many analysts in nyc live on their own in nice buildings. It became a tax write off to the rich. It will be difficult but if you make some compromises (i. The power of reddit saved some nalgas 2. You’re going to live in a smaller apartment in NYC than in your hometown, so it doesn’t make sense to compare rent apples-to-apples. I definitely understand the appeal of living in a big city like New York but the cost of some apartments Also to add, doggie daycare is like 30-40 a day which can really add up if you’re planning to do that 5 days a week while you work. which can create this illusion that New York is a place you go to "make it," but that is These are bonuses for staying with the DOE for a certain number of years. Who wants to live in a cramped 2 BR apartment and pay someone else mortgage their whole career People with generations of families/grew up here are best likely to survive under this income range. I am so confused, this is a good salary but it doesn't seem like it is in NYC, I currently live in Brussels and for that money you can live large here. Unless of course you prioritIze having a nice apartment above other things, which is totally understandable and totally fine in that case. And let say 2 bedrooms Around 80k usd for the same take home. Or check it out in the app stores   And worker gains in salary have been gobbled up by middlemen landlords and the like. Having lived in NYC as a 22 year old making $25k and a 27 year old making $90k, there is absolutely no truth to the statement that u/NYCthrowawayCHI can't afford to live in New York on $85k/year. Multiple vacations each years, live in nice new construction with lots of amenities. I make around that salary, live in Brooklyn and live a pretty similar lifestyle to the one you describe, I feel pretty comfy though with inflation everything feels way more expensive than it did even 2 years ago. Hey NY! So I moved into the city after a year in nj but I’m originally from the Midwest. I want to live at home for 6 months at least so that I can pay off $9,600 leaving me with 10,400 left. there are lots of calculators online you can get to with a quick google search that will get you a decent estimate. Made $14/h in 2001. 00/hour on the coasts. At least even. I have no good intuition of what's reasonable to spend on rent, food, and even the tax wedge on my income. Or you can find some roommates. Made 125k last year. I cook a lot and have been grocery shopping for myself and my family for a while now so I know how to shop on a budget Depends where you want to live and work and how much rent you're willing to pay & quality of life you want. Since 1899, Queens has had the same boundaries as Queens County, which is now the second most populous county in New York State and the fourth-most densely populated county in the United States. Slept on an air mattress that has fucked up my back for life. 61,000 for those with just a bachelor's and 68,000 for those with a master's. Salary for NYC new grads right now is ranging from $102,000-104,000 base salary and usually around a $6,000 night-shift differential (be prepared to work night shift in the city as a new grad) - however, as others on the thread have said, NYC is very expensive to live (rent and just general cost of living), especially if you're in the city. A walk is probably 15-20 but anyway, point is, it’s best to stay around 1500 for rent because of all these other expenses involved w pet ownership. Here are the high points of the article "The salary you need to live comfortably in 15 major U. my office is at jc exchange place, so its convenient and i lose NYC income tax, but its been a hard pill to Ya but if your commute is an hr you clearly don't live in NYC, you live in a suburb. Normally when you file a non-resident return with NY, they give you credit for taxes already paid to the other state. They had both just landed impressive jobs and were thrilled to be moving into the newly developed Hudson Yards. Most (not all) live with roommates. 91/month. lower Manhattan, western Brooklyn) while maintaining the same level of lifestyle you Folks live comfortably in NYC on a variety of salaries, per some of the many salary questions already asked of, and answered by, this subreddit including some at your level. Get the Reddit app Scan this QR code to download the app now That hurts me. You can keep your car, the rent is cheaper, and it’s a short commute to penn station on the path. gov - the American Community Survey has information for both population estimates (table B01003) and number of housing units (B21001). You'll be fine. When people move out of NYC to come here a lot of the time, it's for a better life and to make their income stretch more than it has been able to. I was wondering how difficult it would be to live in NYC financially. CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. My rent is 800 because I have roommates and live in Bushwick, but I live in GREAT apartment building in a very convenient location (transit-wise). The biggest difference, aside from living quality, which I dont think is too much ( I lived in LIC and newport NJ only, not on mahhantan which was too expensive for salary of this range), is that 100k in nyc is a signal that your career either just started or currently kinda suck if you are among those immigrant popular industries ( back-desk Queens is the easternmost of the five boroughs of New York City, the largest in area and the second-largest in population. So it's comparing making 100k in NYC with making 100k in a 108 votes, 58 comments. I would suggest you try and stay with your mom and focus on increasing your income. Why? I live in Flatbush and pay $2200 for a very spacious 1BD. 99%. Where you live will play a huge part in how “comfortable” you feel. Plus Woodside is a great walkable community and our block is also a 4 block walk to the seven train, which takes you about 15 minutes into Manhattan so it's a really great area for somebody who is Oh my. For some more context, I've been working in NYC, living Long Island the past 3 years, and have saved up ~20k. 5 hours a week. Or check it out in the app stores I think it’s definitely possible to live in nyc with an entry level salary without being miserable. Overall, living in NYC you're giving up individual comfort for greater opportunity. If possible, try to limit your share of rent to 30% of take home pay each month. I've heard both positive and negative things about the role, and working for local government. People who live in high-cost areas can retire to low-cost areas, but they may not want to. It will be half your take home pay, assuming insurance costs a 100$ a month and you put 10 percent of your salary into tax free retirement (401k, defined contribution pension etc. Roommates will save you a ton of money. How do performers such as those in ensembles get paid enough to live in New York, what about main leads such as the Glinda If you're single and live a normal life you could rent or buy a home easily off this salary. So what is the salary I need before taxes to live alone? 165 votes, 196 comments. 3% but their population increase for the same period was only 2. I'm a Native New Yorker with a sibling who's a chef. Also single. At this point, on 35k, I live a very comfortable lifestyle. It is true that rent is high, but unless OP really wants to live alone or in one of the more expensive neighborhoods you're assumptions are way off. ~3. I’ve been living in Wayne NJ for 30 years and have had positions, commuting all over NJ and Manhattan. It's a pension-job, but in the public sector, salaries and promotion are known to be stagnant or slow. "I think there are a lot of misconceptions about Brooklyn and New York in general," she says. NOTE: 2910 is high for rent. Totally doable I work in a secondary market, 190k is then first year salary, major city as well, costs 2500 to live in luxury and have a 15 minute commute. NYC has a scale that's inherently cosmopolitan and exciting. Please leave out suggestions to pay less rent and review the other If the average salary is $91,500 and 2 people live together they make 40x of $3,733. If you make $150k in Toronto, you’d probably need close to $300k USD/year to live the same lifestyle in NYC. Literally any of them. I made $55K and I lived in Ridgewood Queens for 2 years starting in 2021 paying $800/ month for a not totally shoebox sized room with 2 roommates, w/d in unit and two blocks from a train station. Pretty much. Can I live comfortably in New York/Brooklyn/Manhattan off I've been offered to live either in SF or in NYC, on a 150k salary. So I accepted offer from Big 4, start in July 2015. You’d be fine. 3% marginal rate over 700K. They say New York City is the place where anything can happen, and for these two professionals, that was certainly true. But as for salaries, I’d say the same job In a smaller city will yield a lower salary but salaries In NYC overall will vary greatly, depending on what industry you work in, what experience you have, and what position you’re in, the same as any other Hey everyone, I have an entry level job in Manhattan for 55,000. With arguably the worlds most robust job market (and the only competitors to that claim having similar COL), it also much more likely someone making $130-150k NYC gets a next role making $180k, then $200k, then $250kon and on, than someone in a LCOL area. Live a comfortable life, including international travel and maxing out retirement accounts. Affordable housing in NYC is a lottery pick, where the maximum income to qualify is $275k. Serious answer: At 300k, NYC is your oyster. And that's exactly what we just paid for our new home we just bought in March. Most recent salaries that I’ve seen tend to be in the $160-170k range with experience. Other benefits: I would think 80-100K to live comfortably with dream amenities in most places. Most new transplants would find it very hard to live under $65K a year, but it is doable. You get cost of living/inflation raises with new contracts. The way people make it? Living in outer boroughs, living with multiple roommates, living intergenerationally, being frugal and thrifty, budgeting thoroughly. He paid $475 a month for a room in Bushwick, had roommates who became friends for life in a pretty cool apartment, and still managed to have a lot of fun. Data and Methodology SmartAsset used MIT Living Wage Calculator data to gather the basic cost of living for an individual with no children and for two working adults with two children. I think there is an exception to this for NYC employees (NYPD, etc) who have to pay the NYC income tax regardless of where they live. 15 minutes because I walk. the suck factor ranges from schools with karen People do live there though and commute to Manhattan via a ferry to the South Street Seaport, so living in Staten Island and working in Lower Manhattan is doable. New York is a relatively high-income state. 90k may seem like a lot but lifestyle creep hits people hard in NYC. My intuition is that it's more than enough to live (and maybe even save), but I'm not sure what to expect. around 33% tax in nyc versus 13% in hk. You do have to pay NY state income tax. No easy answer. This is subjective as there are people who live perfectly fine under 50K but I'd think that amount listed would allow you savings, a decent place in a decent hood, with a choice of amenities. I recently got an offer to join the New York City workforce, for a city job. Starts at 60k, tops out at over 100k. Top Posts Reddit . from a quality of life standpoint it’s absolutely russian roulette depending on where you get placed. live in Queens vs. People will do anything to say they live in New York. NYC is a HCOL area also, and tech salaries are generally equivalent between Silicon Valley and NYC. My house was 1400 square feet, 100 years old, 320k and needed repairs. I also don’t go out too expensive dinners all the time and I’m not super social. I live in Queens and it's lovely. The vast majority of people in NYC make under $100k, and the median household (not individual) income is about $70k. . It's pretty expensive area to live we have a combined income of around 150k not including the passive income from our rental home. I'm 33 years old. Not a party type (introvert). 14, 2024. Joke answer: Any neighborhood. You can even live a pretty nice life on a teacher salary if you have a partner who makes 50k+ or you're young and single. From the moment they met, they felt a spark. I think you can live alone on your salary, but you won't be living anywhere cool or central. Like most millennials a lot of my income goes to student loans and health care. Personally, I'd choose New York - I prefer the east coast lifestyle and culture, being close to lots of very accessible cities But in New York City, the salary is a bit higher. We have one 10 year old child and we live very very comfortably. Ten years is $5,105. Congrats on I can only speak for myself. As for New York VS Boston (I lived in Boston briefly, New York for a little over 4 years now): New York is obviously denser/bigger, which can be good or bad depending on what you want that day. The mortgage for my 3 bedroom house is $1400/month. As inflation increases the cost of living, new contracts will negotiate this into your salary. I've lived here for 7 years the first 5 years I made about 25k. Salary asidedo you want to live in NYC? Do you know anyone there? Do you have a spouse or children? DM me if you want to talk details or specifics, but I have 12ish years experience as a civil in NYC and living in BK. My sibling is living in New Jersey. Visited New York 3-4x, living in London for 1. It's tough. Troy and Schenectady are I moved to NYC at 30 to start teaching with the DOE. I think this is a very individual question. in NYC. I know that in either NYC or LA $3k won’t even get me a shoebox from 1978 and I’d honestly like to stay around $2k/month so I have some breathing I moved in/out of my parents’ house from age 20-25, but have lived alone since 25. Atlanta, I moved here for my wife 1-2 years ago because she got an offer with a consulting firm in the city for a high salary that we couldn't turn down. I think it's funny when I see adds expecting nannies to have tons of experience and credentials and want to pay under 25. You can live in an apartment much cheaper if you live in one of the 4 other boroughs of NYC. But a lot of the stuff that makes cities interesting is connected to artistic alternative types who can't afford to live or run a business in New York anymore. The entry salary is $57,000 at NYC. I work in the private sector. I have my masters, three certifications, 6 years of experience, and work nights, so that bumps my pay to be about 125k a year before OT. I just went on Streeteasy and plugged in a max rent of $1500 for studio in Queens and found 9 pages of results. Here I was thinking “if I interview around enough and get lucky, with patience maybe I could get 130k”. My office is located in NYC ( Manhattan) and I will be commuting from New Jersey to New York City everyday. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. I moved from NYC to NOLA and my income went up 3-4X. So what does the cost of living in the big apple look like? The research revealed that it takes the most money to live comfortably as a single person in New York City, requiring $66. In the 80k salary range it’s about even to 70k in NJ. Live in a very good area. Ppl fantasy is living in big cities, my advice is check online about low cost places with a decent salary in your income on your field, now days you can apply online so you get a job prior to moving to the new city. 80k salary in healthcare + 24k rental income + misc cash jobs repairing things + cryptocurrency mining/selling gear. Maybe a handful of people have the TV /Movie lifestyle that you see, but there are 8mm people here, so not everyone can live that life. I still go out and spend too much money on booze like most New Yorkers. Looked back at my NYC life & realized that the car offered me my best quality of life balance, so when the pandemic hit I got another (different relationship). especially amazing at night. Property taxes are 9k and I still have to pay extra for garbage and sewer. I also make an extra $200 a week doing per session after school for 4. With a $150,000 salary, you're making more than most people in New York City. I just did a quick look for Jersey City and between 2014-2019 they increased the number of housing units by 3. I'd even stay here but I'm out in 13 years. If people were born and raised long time ago there and bought houses in the 70s or 80s, they got in at a low price. From my understanding, one room in that house would probably cost you about 20% of your current salary in upstate New York, about $1,000 a month. That’s just the trade-off. I drive used cars (2004 and 2017 volvos) and haven’t had a real vacation in 5 years. A single person making $91,500 should easily afford to live in NY, maybe just not in the most expensive areas Get the Reddit app Scan this QR code to download the app now. You'll be able to live a lavish lifestyle. Some of us live in NYC for 12 years, pursuing great success of the kind that will cause people to envy you, don't make the big time, get jaded of the fact that its NYC and everyone is so hot and its NYC and I saw this on a movie, but I still have to actually TAKE the subway not just watch it in a montage, and get sick of the cost of living making us want reddit gold for noodles, then bail and My personal opinion -- on that salary, you should only move to New York if you really want to be here, not just because you've been thinking about a change. At one club we used to frequent in Toronto, it was around $500-$600 for 2 bottles for 10 people, but entry was $40 per person with a huge line, and $20 per drink. The cities with the highest salaries needed to live comfortably are San Francisco, San Diego, Boston, New York, and Interesting. I live in New York City, I'm a CPA, I have 7 years of experience, and I cannot find a job for the life of me after getting laid off. Y'all wanna be us so bad. The place I live in is in westchester county, about 20-30 minutes away from the bronx. NYC income tax: ~3% at $100k. Is that even livable for NYC? Another concern is housing, because in Dallas, Florida, Arizona and a couple other states you can have a monthly mortgage payment that is half of what it would be for a small apartment with 370 votes, 170 comments. smartasset says $233,000 in take home pay. I don’t have my pulse on exactly the starting salaries (or 4 year experience + bachelors), but probably something like 75-80 ish plus overtime as a consultant, and maybe 10-15% more working for a contractor with no overtime. Williamsburg or other popular neighborhoods, etc), it's possible. Internet is probably a must and some streaming sites. I'm still young (early 20s), have a guarantor, and am very fortunate that my family will help me with about $200 to $300 a month towards rent. Depends on a single person (living alone without roommates) needs to make $111,738 to live comfortably in New York. Practically half the storefronts in New York are banks and drug store chains. 9k, I think? At least that's what I remember reading fairly recently. I’m 41 now and still at it. xneag gptp ilik hwxp ckcc wrpiwdb afwwj cljfb ymlo uuidh