7 figures is a huge exaggeration. You can live comfortably on 80-100k in NYC. Not everyone needs to live in Manhattan. Rent in the outer boroughs can be very af

7 figures is a huge exaggeration. You can live comfortably on 80-100k in NYC. Not everyone needs to live in Manhattan. Rent in the outer boroughs can be very affordable if you look in the right places. You can still indulge from time to time(a broadway show once a month, the random cheap concert every two weeks or so, brunch with friends from out of town) and still save a lot. I was making high 5 figures out of college and still managed to save 25% of my after tax income each year. Granted, I'd have been able to save more if I were living in say Philly or Chicago. But still it's very doable.