Sure you can do it. I did it with 40K salary even though a decade ago. If you are single, one possible scenario - Housing cost: $800-$1200 for shared housing/a

Sure you can do it. I did it with 40K salary even though a decade ago. If you are single, one possible scenario - Housing cost: $800-$1200 for shared housing/apartment in queens etc. - Subway: $110/mo - Grocery: $400/mo (100/wk average) - No car (this is huge) - cell phone/internet: $200/mo - Entertainment: $200/mo ($50/week) Total: $1700-$2100 /mo On a 65K salary, you are looking at income of: $5416/mo gross. $3791/mo net.(30% tax roughly.) cashflow in = $3791 cashflow out = $2100 You are in good shape.