(Closed) Is this a livable wage in NY?

posted 3 years ago in Career
Post # 2
Member
594 posts
Busy bee
  • Wedding: May 2017

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emsie :  it’s definitely very low, but it’s all relative.  How young/ how many years into your career are you?

What standard of living are you used to on your current wage?

Post # 3
Member
125 posts
Blushing bee
  • Wedding: October 2016

Yeah someone could live off of $47k in NY…. They would have to live either further out of the city, have multiple roommates, or live in an “unsafe” area but it is defnitely doable. I can’t say that I would do it though 🙂

I think if you are a single person, living alone, $70k to $80k would be the lowest you could do it and still be comfortable. All that would largely depend on your spending habits and debt though. 

Post # 4
Member
711 posts
Busy bee

I really dont think you could live in Brooklyn making only $47k. Even in a not-so-great neighborhood an apartment will cost you a ton of money. Maybe the other opening on Long Island is in a cheaper area, although I’m only familiar with Central Islip. Not sure if this helps, but my sister lives in a pretty crappy area in Brooklyn and pays $1400 plus utilities a month (she has a roommate, no washer/dryer, etc).

Post # 5
Member
969 posts
Busy bee

I would guess not comfortably. Rent, even if you share a room, is well into the $1500 range. Don’t think you can just live in a less savory area for cheaper rent if you’re a single female, it’s just not very safe. Also, don’t forget the high tax rate and the large amount you’ll be eating out due to the lack of good kitchen and general lifestyle preference of any friends you meet. 

Post # 6
Member
1039 posts
Bumble bee
  • Wedding: City, State

You can check Streeteasy.com for rental prices. 

Post # 7
Member
1127 posts
Bumble bee

Hmmm.

You could probably live in Islip, but not Brooklyn.

I’m in Queens which is less expensive than Brooklyn.  One bedrooms here are going for 1600.  Most friends with roommates that I know are paying like 1100.

Especially if you are in NYC- taxes will be ridiculous.  You might be super surprised by your take home pay, so I’d take that into consideration.

Post # 8
Member
3366 posts
Sugar bee
  • Wedding: June 2017

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emsie :  living on $47k in NYC is HARD (i’m a grad student, and before I met DH, i was living on about that and it is *rough*). i’d say to live reasonably comfortably in NYC if you’re single, then $100k

note that there’s MUCH more to consider than rent: taxes, transportation costs, groceries, restaurants, etc – EVERYTHING is more expensive in ny. you can easily drop $6 on a half gallon of milk.

Post # 9
Member
916 posts
Busy bee
  • Wedding: June 2017

You will def need roommates at that wage.

For comparison, I moved here in 2008 and started at $45k (postdoc salary that I had to negotiate). My university has now decided that first year postdocs can’t make less than $50,500 bc it’s impossible to live here. and that’s with subsidized housing through the university.

Post # 10
Member
5416 posts
Bee Keeper

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emsie :  That’s your before taxes wages I assume? If so, then no. Rent in NYC can easily be $2k and up. I have known people that live there and pay more ($2400 and one person paid $3000 for a studio in Manhattan). So I would seriously look at tents available in the areas you want to live before making a move. But go ahead and apply, government jobs are notoriously slow at responding to applications. 

If it was me, I wouldn’t go to NYC for less than $80k and I’m making half that now. 

Post # 11
Member
5416 posts
Bee Keeper

Also the studio price was over 7 years ago. 

Post # 12
Member
371 posts
Helper bee

I live in Brooklyn and living alone on 47K will be extremely difficult unless you have a few roommates or you have no debt and get lucky finding a cheaper apt (it is possible). A close friend of mine works for DOH making around 60K, she lives comfortably alone in a 2 BR apartment in South Brooklyn for 2K a month but she has no debt and a healthy savings account.  Neighborhoods in BK are changing, so even in the “unsavory” neighborhoods, prices will be high. I have another friend who lives in a decent neighborhood in BK and pays $850 for a studio so it really all depends. I was born and raised in BK so feel free to PM me with any questions about specific neighborhoods.

Post # 13
Member
2724 posts
Sugar bee

I live in Manhattan on a graduate student stipend of 30k, which is very tight, but doable because I have subsidized housing through my university and I’m not in debt so I’m able to keep my monthly costs fairly low. (What I pay in rent is comparable to what others I know are paying for rooms in shared apartments in gentrifying Brooklyn neighborhoods like Crown Heights.) I don’t travel much or have a lot of extravagances, and I rarely eat out, but my basic needs are certainly met and I’m able to go to a few modest meals out with friends a few times a month, the occasional comedy show, etc. I’m not really able to save, though. So for me, 47k would definitely be comfortable, but it’s still not a lot – it would still mean being frugal but hopefully you’d have enough to put away savings and maybe take a short vacation once a year. If you’re thinking of moving to NYC and going to restaurants and shows regularly, buying new clothes frequently, etc., then you’d need to make more like 70k. 

Post # 14
Member
106 posts
Blushing bee

I live in the Bronx and while you can live off that you will probably need roommates. Rent is expensive as hell here. I wouldn’t even consider that unless I REALLY REALLY wanted to move here and knowing that you’ll be guaranteed 6 figures after some time. Making that much you’ll probably see about 30-34K after taxes yearly. Do the math and you’ll realize it’s not that much. I unfortunately still live at home because trying to afford an apartment myself seems almost impossible and IT SUCKS BALLS. My mom swears I can afford it , but i really can’t alone.

Also, apartments here are like little boxes. This place is ridiculous. I’m trying to get out of here soon. I feel like I’ll just never live comfortable here. Anything under 6 figures is questionable for a single person. 

Post # 15
Member
1157 posts
Bumble bee
  • Wedding: May 2017

I’m in Queens and we’re getting overcrowded everywhere. The subway system is failing. Rent is crazy high. Me and my husband live in a 1 bedroom and have a household income of 112k and we still have no choice but to leave our hometown and get a home in Jersey.

Are you sure you want to come here?  I’m sure you’re great but we realllly have more than enough people lol.

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