How Much Money To Live Comfortably In Nyc
To live a comfortable and satisfying lifestyle in new york even when you have roommates splitting the cost a yearly income of 50 000 or more is ideal.
How much money to live comfortably in nyc. Residents in this country s top 15 metro areas spend a large chunk of their income unsurprisingly on rent and in new york city a family would have to make over 158 000 a year to live. How much you need to earn to live comfortably in nyc new york city ny this might make you want to pack up and move. A family of two adults and two children in the new york city metro area would need to earn an average combined income of 124 129 per year or 10 344 a month to live comfortably.
But the living wage for other states like mississippi can be as low as 58 321. I did my money earning time in boston which while not entirely cheap still has much more economical housing than nyc. Job seeking in nyc new york city poses.
Some states like new york require an annual income of 95 724 to live comfortably. That said with the cost to live comfortably while renting is almost 10 000 a year higher it could be worse. I definitely think you can live comfortably on a salary of 50 000 even in new york city.
Manhattan is quite expensive but 150 000 for 1 person is enough money to live on especially if they work for a good company and could get excellent raises in their salary. With half of the city making 38 289 or less even that 67 670 a year needed to live comfortably while paying a mortgage is almost 30 000 more than residents are making. Visit business insider s.
For 1 person to live comfortably in manhattan you should make at 150 000.