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06-09-2015, 12:41 PM
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Location: Riverdale, NY
279 posts, read 417,161 times
Reputation: 156
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Quote:
Originally Posted by NOLA101
That's stupid. People can share, or live in slightly less desirable areas. No one needs to live in a central, prime area.
I made 50k the first year I moved to NYC, and I was fine. Never had any money problems.
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I know. You would think there was no place to live outside of Manhattan, and everyone is earning 200,000 a year. |
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06-09-2015, 12:42 PM
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25,543 posts, read 19,657,779 times
Reputation: 10018
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Quote:
Originally Posted by fmatthew5876
150K to live alone in a trendy neighborhood is probably about right. If you have kids however, god help you...
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So either live in a less trendy area or make more money.
Duh! |
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06-09-2015, 12:45 PM
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25,543 posts, read 19,657,779 times
Reputation: 10018
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Quote:
Originally Posted by vision33r
Taxes will take away 40%, rent will take another 15-20%, food is another 7-8%, there's maybe ~20% of disposable income left.
Not much to get ahead, a 4-6 months layoff could mean getting kicked out of nyc.
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No one can be kicked out of NYC. A person who bails out of NYC after a layoff clearly wasn't from here and wasn't established here. |
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06-09-2015, 12:48 PM
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Location: Bronx, NY
94 posts, read 184,452 times
Reputation: 43
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When you say NYC are you referring the the 5 Boroughs or Manhattan? There are quite a few places to live in the 5 boroughs on half of that salary. If people would learn to cut corners and save a little more... I don't know why so many people come out of college these days with over $100k in loan debt (and in some extreme cases $200k) and want to live in the trendiest places.
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06-09-2015, 01:00 PM
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1,573 posts, read 1,741,875 times
Reputation: 3069
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Quote:
Originally Posted by bx1968
When you say NYC are you referring the the 5 Boroughs or Manhattan? There are quite a few places to live in the 5 boroughs on half of that salary. If people would learn to cut corners and save a little more... I don't know why so many people come out of college these days with over $100k in loan debt (and in some extreme cases $200k) and want to live in the trendiest places.
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It's the entitlement generation. |
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06-09-2015, 01:01 PM
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Location: Riverdale, NY
279 posts, read 417,161 times
Reputation: 156
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Quote:
Originally Posted by bx1968
When you say NYC are you referring the the 5 Boroughs or Manhattan? There are quite a few places to live in the 5 boroughs on half of that salary. If people would learn to cut corners and save a little more... I don't know why so many people come out of college these days with over $100k in loan debt (and in some extreme cases $200k) and want to live in the trendiest places.
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NYC as in Manhattan. Given the fact that most people are only earning $40k a year or less, it should be evident that people are living here on far less than $120k a year. |
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06-09-2015, 01:06 PM
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103 posts, read 145,221 times
Reputation: 21
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Quote:
Originally Posted by NOLA101
That's stupid. People can share, or live in slightly less desirable areas. No one needs to live in a central, prime area.
I made 50k the first year I moved to NYC, and I was fine. Never had any money problems.
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How's it stupid? Sharing an apartment isnt living alone. Living in less desirable areas involves compromise, which means you aren't meeting the min.. income amount to live wherever you want in the city. |
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06-09-2015, 01:11 PM
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Location: Bronx, NY
94 posts, read 184,452 times
Reputation: 43
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Quote:
Originally Posted by SanMan2k5
It's the entitlement generation.
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LOL Sad but True |
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06-09-2015, 01:23 PM
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Location: Riverdale, NY
279 posts, read 417,161 times
Reputation: 156
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Quote:
Originally Posted by acceptyourself
How's it stupid? Sharing an apartment isnt living alone. Living in less desirable areas involves compromise, which means you aren't meeting the min.. income amount to live wherever you want in the city.
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Yeah and? How many millions of people don't live in Manhattan and aren't living in poverty and have their own residence? This Manhattan centric nonsense makes me want to barf. The city is overrated. Most of it is dirty, loud, overrun with tourists and hipsters and other obnoxious people. Hanging out there is okay, but living there? I'll pass. Give me the suburbs in Westchester any day of the week. Plenty of expensive areas there and people not shacking up with roommates. |
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06-09-2015, 01:34 PM
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103 posts, read 145,221 times
Reputation: 21
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Quote:
Originally Posted by on the avenue
Yeah and? How many millions of people don't live in Manhattan and aren't living in poverty and have their own residence? This Manhattan centric nonsense makes me want to barf. The city is overrated. Most of it is dirty, loud, overrun with tourists and hipsters and other obnoxious people. Hanging out there is okay, but living there? I'll pass. Give me the suburbs in Westchester any day of the week. Plenty of expensive areas there and people not shacking up with roommates.
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why enter a thread about NYC then?  |
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