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I'm an IT Professional, with a few years experience, and my wife will have a job offer in NYC(Manhattan) in May 2009, which is when we would move.
Looks like together we'll be making about $115,000 - $120,000 total.
Just want everyone here to take a look at our budget and see what you think.
Add on to this shopping of course...We just want to know if these figures are about accurate for 2 people living in Manhattan. These are on a per month basis. We really just are looking at Food/Utilities of course, and Train/Cabs/Buses
Grocery Store $500.00
Dining Out $250.00
Drinks for Home $50.00
Drinking Out $150.00
Coffee $150.00
Rent / Mortgage $2,500.00
Upkeep $100.00
Electric Bill $75.00
Home Telephone $75.00
Cellular Telephone $100.00
Internet $100.00
Laundry $100.00
Pet Costs $50.00
Train / Bus $150.00
Taxi $50.00
but if you want to start a family it may be better to live in the burbs, as there is plenty of foreclosures on mcmansions in nice nabes, so now is a good time to buy
but if you want to start a family it may be better to live in the burbs, as there is plenty of foreclosures on mcmansions in nice nabes, so now is a good time to buy
I think you underestimated some costs. Your rent for a 1 BR will likely run you more than $2500/month. And you don't have cable TV on there. In the summer, especially, your electric bill will likely be more than $75/month. And you must have some really cheap pet care!
Also factor in holiday tips for building staff, if there are any, and the super. What are you planning to save??? That's really important these days. Remember, also, that health/dental insurance have to be factored in.
Add on to this shopping of course...We just want to know if these figures are about accurate for 2 people living in Manhattan. These are on a per month basis. We really just are looking at Food/Utilities of course, and Train/Cabs/Buses
You're making a real mistake moving to Manhattan. You could pay much less in rent, get more space and have many fewer expenses living in Brooklyn or Queens. For $2500, you could get a beautiful home in many wonderful areas in Brooklyn.
I honestly don't think you should be paying that much in rent if you only make that amount of money.. I know people who make the same amount, and pay less ($1,200 - $1,600), and still have a bit of a tough time getting by. You shouldn't push yourself to your limits; there should be excess money.
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