4 ms·
Living on $75k or so after-tax in NYC as a young single man isn't 'very frugal'. A nice room in a roommate situation can be had for $1000/mo, a very nice one fo
by akgerber 12y ago
Living on $75k or so after-tax in NYC as a young single man isn't 'very frugal'. A nice room in a roommate situation can be had for $1000/mo, a very nice one for $2000, which totals $12k-$24k per year. Likewise a modest reasonably-located 1bedroom/studio can be had for $2000/mo. After that, the only mandatory expenses are $1000 or so a year for transportation and reasonable expenses for food, though much of that cost is likely paid by his employer.
- whatok 12y agoI'd argue that it's extremely frugal given the city's high cost of living and like I mentioned above, an industry where pay and employment is volatile. He could easily get laid off or paid down year over year through no fault of his own. Your living expenses do not leave much leftover in the way of savings, travel (kinda good to vacation in a high stress job), or even just experiencing what one of the greatest cities in the world has to offer.