Is 75K a good salary in NYC
Yes, 75K is a perfectly adequate salary for a single person.
Can you live in NYC on 70k a year
At 70k, you can afford up to $1750 per month in rent (most places in NY require you to make 40 times the rent amount). You could even live alone. Before my husband and I moved in together, he was living in Midwood, Brooklyn, in a nice 1 bedroom apartment for about $1250 per month….
What is considered a good salary in NYC
Total: $2,524.50 per month. That's $30,294 per year after taxes, which means that to live a reasonably comfortable life in New York City, a single person would need to make a salary of roughly $40,000 per year. This is a comfortable (though far from indulgent) budget.
What is a good salary to live in NYC
Recommended Salary in New York City
To live comfortably, a resident would need to earn at least $12,489 monthly before taxes. That's pretty steep. If you chose to live in the more affordable Bronx borough, you'd need to earn three times the $2,312 monthly rent rate before taxes, which amounts to $6,936.Jan 31, 2022
Is 70K a high salary
According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018. … An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
Can you live off of 70K a year
If you are single, you can afford quite a bit. If you have a family, not a whole lot but you can get by. It really is dependent on the three biggest costs: housing, car, and food. For housing, someone making $70,000 could afford to spend up to $2,000 a month on housing.
Is 75K a good salary in New York
Yes, 75K is a perfectly adequate salary for a single person.
What is a good salary in New York
Total: $2,524.50 per month. That's $30,294 per year after taxes, which means that to live a reasonably comfortable life in New York City, a single person would need to make a salary of roughly $40,000 per year. This is a comfortable (though far from indulgent) budget.
What is a livable salary in NYC
Living Wage Calculation for New York County, New York
1 ADULT | 2 ADULTS (1 WORKING) | |
---|---|---|
0 Children | 2 Children | |
Living Wage | $21.77 | $38.86 |
Poverty Wage | $6.13 | $12.60 |
Minimum Wage | $11.80 | $11.80 |
What salary do you need to live in NYC
Recommended Salary in New York City
To live comfortably, a resident would need to earn at least $12,489 monthly before taxes. That's pretty steep. If you chose to live in the more affordable Bronx borough, you'd need to earn three times the $2,312 monthly rent rate before taxes, which amounts to $6,936.Jan 31, 2022