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Old 05-08-2014, 10:43 AM
 
Location: New Orleans
21 posts, read 29,983 times
Reputation: 19

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Hello all,
I like to browse the different city threads on here and was just wondering what is the minimum that people should make to be able to live in NYC and still afford to have some fun? I'm assuming no car payments but replace that with the metro cost (still not as expensive as a car) and with no student loans and minimal credit card debt? I'm thinking within the next couple of years of moving there from the city I live in now because I want to live in some different places in the U.S. before settling down. I would be living with 2 to 4 other people as well (2 being with my hubbs and the 4 being another couple in a 2 bedroom place). What are some other hidden expenses? I have a dog as well. Thanks for the insight.
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Old 05-08-2014, 10:54 AM
 
Location: Hoboken
384 posts, read 512,677 times
Reputation: 564
Quote:
Originally Posted by BayouBungalowChick View Post
What are some other hidden expenses?

New York City income tax
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Old 05-08-2014, 11:34 AM
 
Location: Brooklyn, New York
445 posts, read 1,449,247 times
Reputation: 526
Another hidden expense: you will likely have to pay a broker fee (1 month's rent) for an apartment.
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Old 05-08-2014, 12:13 PM
 
Location: New Orleans
21 posts, read 29,983 times
Reputation: 19
broker fee=deposit ?
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Old 05-08-2014, 12:28 PM
bg7
 
7,694 posts, read 10,566,007 times
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Quote:
Originally Posted by BayouBungalowChick View Post
broker fee=deposit ?
no
landlord holds the deposit (1 - 2 months rent)
broker gets the broker's fee.
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Old 05-08-2014, 12:58 PM
 
Location: New Orleans
21 posts, read 29,983 times
Reputation: 19
Oh! Okay. I've never heard of that before. Good to know! Keep em' coming.
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Old 05-08-2014, 02:33 PM
 
Location: Manhattan
1,871 posts, read 4,268,149 times
Reputation: 2937
Cocktail prices are outrageous particularly at speakeasies and any place that uses the word "craft" before the word "cocktail". $15 - $18 or more. Some days its almost enough to make a person want to drink house liquor, but I carry on.
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Old 05-08-2014, 02:44 PM
 
Location: Bronx
16,200 posts, read 23,054,327 times
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Inner city neighborhood with roommates or relatives 40k should be the minimum. Way out in the outer boroughs maybe 32k or 35k should do alright. In Manhattan and gentry areas of West Brooklyn and Queens the minimum to live in these places is around a 100k and all you get is a shoe box apartment.
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Old 05-08-2014, 02:57 PM
 
Location: NYC
5,209 posts, read 4,674,581 times
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What do you consider the gentry areas of Queens? LIC?
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Old 05-08-2014, 03:07 PM
 
257 posts, read 685,411 times
Reputation: 192
Minimum's are, of course, super relative. I made it through 4 years of college on roughly 15k a year. Of course that included sharing a 3bdrm in Jamaica with 3 other guys (i.e. 4 people in 3 bedrooms) and lots of instant ramen. I feel like I could have survived on a little less than that.
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