6 ms·
If your salary is $5,000; you get about $3,000 to $3,500 in pocket after taxes, health insurance, social security and other deductions. I live quite far from N
by RealGeek 13y ago
If your salary is $5,000; you get about $3,000 to $3,500 in pocket after taxes, health insurance, social security and other deductions.
I live quite far from NYC in White Plains, rent for 1 bedroom apartment here is $2400.
PS. I am sure there are people surviving for $500 a month in NYC, but that is not the lifestyle most developers desire when they have job offers for $80,000 to $120,000. In fact, most developers I've met say they want to make $10,000 per month to quit their job.
- dbpatterson 13y agoYou can definitely find a 1BR apartment in brooklyn for <$2000/month. And a two bedroom for not much more, if you look.
- elliottcarlson 13y agoI live in Staten Island and rent for a 1 bedroom is $800 in a nice neighborhood and new house - you could get a 1 bedroom in NYC for $2400.
- mgkimsal 13y agomaybe you should room with akgerber...
- troyk 13y agoNo doubt, I'm sure the IRS would love to know how he lives in NYC on $2k gross...
- comicjk 13y ago$2k/month is $24,000/year, at which income the IRS does not take nearly as much. According to the IRS calculator, he would be paying $1,628 in income tax. Add in payroll tax and that's $3308 total. So his after-tax income is not far off from $2k at $1724/month. Assuming he has roommates, his rent and other fixed costs will be less than $1k, so he will be ok, if rather Bohemian.
- deleted 13y ago[deleted]
- Crake 13y agoMy Manhattan living expenses at the moment are about $1000/month (rent, utilities, monthly metro card, and phone plan). It's not really all that hard.
- akgerber 13y agoI mean spending $2k/month on everything, not living on a $2k gross salary. Plenty of people in less-well-compensated industries do that, though— it just means more compromises in terms of living arrangement or commute or neighborhood safety or ... You can even own a modest apartment on that salary: http://streeteasy.com/nyc/sale/789809-coop-3131-grand-concourse-bedford-park-bronx http://streeteasy.com/nyc/sale/789809-coop-3131-grand-concou...
- pdwetz 13y agoWhile I agree with your initial numbers, you can get a decent apartment in White Plains around $1700 (or less if you find a deal, have lower standards, don't mind commuting, etc.). Source: used to live/work there and just checked on craigslist.
- Crake 13y agoYou can rent a large bedroom in Manhattan with great subway access for $650-800, if you don't mind a 20 minute commute to midtown. If you can't survive on $3,000-$3,500 a month here, you have a spending problem, not an earning problem.