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11-08-2007, 01:43 PM
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Junior Member
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Join Date: Dec 2006
4 posts, read 5,764 times
Reputation: 11
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Can husband, wife and 1-year-old make it in Manhattan on $175k/year?
I'm an optometrist and my wife's a teacher. We sometimes have a pipe dream about moving to Manhattan. I realize buying a home is nearly impossible so we would have to rent. I would appreciate any feedback from those in the know. Thanks!
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11-08-2007, 04:01 PM
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Senior Member
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Join Date: Jun 2007
Location: New York, New York
195 posts, read 200,472 times
Reputation: 42
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Yes, unless you plan to have a car, live in a townhouse and go out for dinner every night.
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11-08-2007, 04:15 PM
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Member
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Join Date: Nov 2007
Location: Los Angeles
50 posts
Reputation: 22
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Yes, you can.
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11-08-2007, 04:38 PM
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Senior Member
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Join Date: Nov 2006
Location: Bronx, NY
2,809 posts, read 4,121,929 times
Reputation: 532
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I think you can definitely afford the apartment and lifestle on that salary. Paying for your kid's schooling is going to be one of your main expenses. Most public schools in the city aren't that great, and the private ones tend to be expensive.
Expect to pay anywhere from $3,000-5,000 per year for parochial school, on the low end, all the way up to $20,000 per year for one of the better private schools. (That $20k per year applies to elementary/middle school, and not just high school).
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11-27-2007, 05:13 PM
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Junior Member
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Join Date: Nov 2007
Location: Dutchess Co. NY
7 posts, read 10,397 times
Reputation: 11
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according to Glenn Beck, lastnite on CNN, the average family of 4 in Manhattan lives on 146k a year.
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11-27-2007, 05:40 PM
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May Satan rock you all!!!
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Join Date: Jul 2007
Location: NY
7,915 posts, read 3,259,239 times
Reputation: 1519
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Yes, you could have a decent apartment in a good area and still be able to do things like go out to dinner, etc.
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11-27-2007, 05:52 PM
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Moderator
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Join Date: Sep 2006
6,192 posts, read 5,148,222 times
Reputation: 1910
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Absolutely!!! There should be no problem.
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11-27-2007, 07:33 PM
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Senior Member
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Join Date: Sep 2007
458 posts, read 353,758 times
Reputation: 173
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Quote:
Originally Posted by LAPD77
Dont move to a major city please you have a kid check out survive2012 fourm and then move far away from major cities please
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Are you serious? survive2012.com is almost as bad as the nut job Harold Camping who predicts the world will end in 2011. |
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11-27-2007, 10:17 PM
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Senior Member
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Join Date: Aug 2007
Location: manhattan
276 posts
Reputation: 42
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Quote:
Originally Posted by LAPD77
Dont move to a major city please you have a kid check out survive2012 fourm and then move far away from major cities please
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You sound like such an idiot. |
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