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Old 04-27-2007, 07:44 PM
 
5 posts, read 36,466 times
Reputation: 12

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actually its a startup company in reston and I am just concerned about the cost of living and general expenses.. i have planned the following

- a single bedroom/ single bathroom apartment in an apartment complex.
- just basic furnitures to make up a small home for a single guy.
- driving distance (at the max 1/2 hr drive from home to work, work is in reston)
- rest all a li'l bit of groceries and appliances for home and food.
- hanging out with friends over the weekend at pubs, movies.. (would like to know how much the city caters to that)

i hold an advanced degree and this is my first job.

it would be great if someone could tell me with a pay of 60 - 65k/annum ,whether i can afford to live and work in reston??? ....thanks in advance.

newemployee
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Old 04-29-2007, 04:05 PM
 
Location: In exile, plotting my coup
2,408 posts, read 14,357,174 times
Reputation: 1868
Financially, you should be fine. Your take-home pay should hover somewhere along the lines of $4000/month. A one bedroom, one bathroom apartment in Reston will be at the least $1000, plus another couple hundred for utilities. I'd doubt unless you choose one of the more luxurious apartments that you'd be spending over $1500 on housing, including utilities. That would leave you $2500 for groceries, car payments, gas, student loans (?), credit card bills or any other sort of bill, and leisure expenses. You would know your monthly expenses on these areas better than I would as they are heavily individually-tailored, but I would think provided you don't have an exorbitant lifestyle, you should be just fine and will be able to put a substantial chunk in the bank each month.

Reston does indeed offer a good number of dining and entertainment options. It's certainly not on the scale of DC or Arlington, but for the area it's in of Western Fairfax County, a largely family-friendly suburban area, Reston does serve as somewhat of a hub for those in the area interested in nightly activities beyond dining at Applebees (an exaggeration, but you know what I mean). The nexus of that within Reston is the Reston Town Center, which is somewhat of a faux-downtown created around 15 years ago with a movie theatre, plenty of restaurants, a square with a fountain and outdoor cafes, a stage for live music in the summer (ice skating rink in winter) and a general urban atmosphere, albeit one that is confined to a handful of blocks and may seem a bit manufactured depending upon what you're used to.
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Old 04-01-2010, 04:51 PM
 
Location: Fairfax, Leesburg, Ashburn, Sterling, Reston, Herndon, VA
25 posts, read 120,303 times
Reputation: 18
Yes it should not be a problem at all. You could buy a home on $65K
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Old 04-01-2010, 08:10 PM
 
Location: Reston, VA
2,090 posts, read 4,224,220 times
Reputation: 1330
Welcome to Reston!

Keep your commute short and live in Reston. You will be able to find a nice apartment in Reston for $1300 - $1500 a month.

Here a few options to check out.

Moderator cut: Please send links not from generic MLS sites via DM, thanks.

Last edited by bmwguydc; 04-01-2010 at 09:57 PM.. Reason: ]Please send links not from generic MLS sites via DM, thanks.
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Old 01-07-2013, 04:32 PM
 
144 posts, read 322,833 times
Reputation: 87
Quote:
Originally Posted by dullnboring View Post
Financially, you should be fine. Your take-home pay should hover somewhere along the lines of $4000/month. A one bedroom, one bathroom apartment in Reston will be at the least $1000, o.
Thats a $95,000 salary all for a $1k apartment. What kind of dreamworld do you live in? Heck in NYC you will NEVER, EVER, find someone who has an apartment that's 25% of the TAKE HOME pay.
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Old 01-07-2013, 04:40 PM
 
8,977 posts, read 21,055,209 times
Reputation: 3783
Quote:
Originally Posted by somesnapper View Post
Thats a $95,000 salary all for a $1k apartment. What kind of dreamworld do you live in? Heck in NYC you will NEVER, EVER, find someone who has an apartment that's 25% of the TAKE HOME pay.
I'm a bit confused by your response.

1) It resurrects an older thread. (Not there's anything inherently wrong with that, per se.)

2) The OP predicted up to a $65K salary.

3) I'm not understanding the comparison to NYC.
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