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If it costs three times as much to live in New York what can a person realistically expect for $15 an hour? A studio in the Bronx? Or just move somewhere out in New Jersey and deal with it? Should someone moving from Ohio be prepared for the fact that what they consider a good wage, say $20 an hour, won't do anything for them in New York? Or are the cost of living calculators a bunch of fear and loathing?
If it costs three times as much to live in New York what can a person realistically expect for $15 an hour? A studio in the Bronx? Or just move somewhere out in New Jersey and deal with it? Should someone moving from Ohio be prepared for the fact that what they consider a good wage, say $20 an hour, won't do anything for them in New York? Or are the cost of living calculators a bunch of fear and loathing?
How is a person who makes $15 an hour going to afford New Jersey PLUS the commute costs?
Let's try this.
$20 per hour,40hr week,$800=
$560 after tax. $2500 per month?
You want somewhere decent, $1400 for a studio? Now you live off $1000 per month.
Can you do this? You will not have much left over to bank away.
You will need $30 per hour,with benefits. At least,so you can put some cash away,and have some minor luxuries.or work extra hours at a lower pay scale.
NYC is overrated, but we have easy transit and good food.
Your probably not living in a penthouse or mansion on $15/hr in Ohio either.
No, they wouldn't be. They would probably live in some apartment for $1,000 a month, assuming that they have the usual expenses, and preferably no automobile although that is difficult to do in Ohio.
Let's try this.
$20 per hour,40hr week,$800=
$560 after tax. $2500 per month?
You want somewhere decent, $1400 for a studio? Now you live off $1000 per month.
Can you do this? You will not have much left over to bank away.
You will need $30 per hour,with benefits. At least,so you can put some cash away,and have some minor luxuries.or work extra hours at a lower pay scale.
NYC is overrated, but we have easy transit and good food.
That's fair. I was thinking $45 an hour, based off of the calculators. I don't know if the average person moving to New York is thinking about having any type of savings. When I was in Ohio I didn't have any savings. Then again I was making $8 an hour and paying $320 a month in rent but lived in a sketchy neighborhood. That was like 15 years ago though.
Major cities in Ohio are about as expensive as the Bronx or Newark.
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