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I know i know i live in fl, but im a queens boy at heart. The cost of living is ridic down there thats one of the reasons i left and have no intention of moving back there. Ahhhh all this space, fresh air and cheap cost of living. Here's my figure 100k in savings would be what i would be comfie with in nyc and another 400k-600k in assets . Whats yours ?
For a single person like me with a very modest/low-maintenance lifestyle and no kids, I would say i'd be comfortable with $50k (before taxes) a year.
All I need is a basic 1 bedroom apartment in a half-decent area with good subway connection then i'm straight!
$1,300mo apartment
$80mo for cable
$80mo for food
$140mo for transportation
$60mo for cell-phone
$200mo for other misc. stuff like shopping or whatever..
The rest for savings!
Last edited by LongIslandPerson; 07-21-2012 at 07:04 PM..
It's NY, there almost is no comfort level, because you can always find a lifestyle which exceeds your income, until you get to the hyper-rich level like Bill Gates or something.
$80 per month is completely undoable in the New York, Costco's or not.
There is nothing you can buy that will give you 1500-2000 calories per day and an adequate supply of protein for that amount of money.
McDonald's has a BIG come-on sale on triple cheeseburgers this month for $2...530 calories. You cannnot make a big burger much cheaper than that at home.
One of those a day will already set you back set you back $65.61 including tax and you will quickly starve to death on 530 calories/day.
$80 per month is completely undoable in the New York, Costco's or not.
There is nothing you can buy that will give you 1500-2000 calories per day and an adequate supply of protein for that amount of money.
McDonald's has a BIG come-on sale on triple cheeseburgers this month for $2...530 calories. You cannnot make a big burger much cheaper than that at home.
One of those a day will already set you back set you back $65.61 including tax and you will quickly starve to death on 530 calories/day.
Bags of rice & beans? Peanut butter & jelly sandwiches?
I'd budget $450 / month for food since I like to eat out ocassionally.
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