Page 1 of 2 12 LastLast
Results 1 to 15 of 17

Thread: Living in the city for less than 50k

  1. #1

    Default Living in the city for less than 50k

    Hiya,

    Most jobs in my field that i'm coming across pay NOTHING. We are taking even less than 50k-some are paying between $30-40,000 a year. Now unless you come from money, I find it impossible to live in NYC making that much. OR like some of these publishers-notorious for paying nothing. Yet everyone wears $200 jeans and $1000 bags..HOW? Is it possible to live making that much (with multiple roommates im sure)

    nyd

  2. #2

    Wink

    And don't foget, alot of that designer wear is not being bought on 5th ave... don't be fooled by what you see.

  3. #3

    Default

    It's certainly possible- lower your standards.

  4. #4

    Default

    if you talking about the city as a whole...depending on your lifestyle you could live decently.

    no chance for Manhattan.
    Last edited by ironmike9110; July 1st, 2008 at 11:51 AM.

  5. #5
    Architectural Padawan
    Join Date
    Mar 2004
    Location
    Turtle Bay
    Posts
    319

    Default

    Ironmike is 100% correct.... lookup Craigslist for Hoboken or Astoria (Queens) and find a 3 or 4 bedroom apartment looking for a roommate. You can probably find a place for ~$500/month. That's $6k/year, and a $40k salary means probably $30k in take-home income annually leaving you with $2,000 monthly in living expenses assuming you save nothing.

    I've found that food costs $25/day, so there's $750 of that money used up... figure utilities will be on top of the cost for the room... that's probably another $100. A metrocard is $77 and let's say you have a crazy cell plan of $123 (for rounding sake), you're still at $950 monthly in necessary expenses. This would then leave you with $1,050 in "play" money monthly.

    Keep in mind that these expenses are just a best guess... I could be completely off!

  6. #6

    Default

    Hey guys,

    I'm talking about living IN the city...only in Manhattan...I KNOW of a few people who dont make a whole lot, but live fine..i dunno i guess it depends on the person and their spending habits and excessive use of credit cards! I dont use CCs so I dont consider that as extra money..Id imagine that it might be a bit difficult to live in Manhattan on that income..

  7. #7

    Default

    You won't make many friends here if you insist that only Manhattan is THE CITY. You do understand the geography here, right?

    Just a wild guess, but I'd venture that no, you would not be able to live here on the income you're likely to be offered.

  8. #8

    Default

    My question was specifically for Manhattan. I think I can ask specific questions since this is a forum. I myself live in North Jersey, and I THINK (not sure) will continue to live here..for now atleast
    Last edited by nydreamer83; May 30th, 2007 at 09:20 PM.

  9. #9
    Senior Member 718Bound's Avatar
    Join Date
    Nov 2006
    Location
    Long Island :('til summer
    Posts
    113

    Default

    Quote Originally Posted by nydreamer83 View Post
    My question was specifically for Manhattan. I think I can ask specific questions since this is a forum. I myself live in North Jersey, and I THINK (not sure) will continue to live here..for now atleast
    When did you move from PA?... and what is it about north Jersey that makes you want to move to Manhattan? Too long of a commute? Not what you expected? I know it probably comes across as me being a d!ck but I only ask because I am curious.

    I just don't understand why you would move to noth Jersey then want to rule out Brooklyn or Queens and only want to focus on Manhattan.

    Depending on where you (or anybody) work alot of neighborhoods in Brooklyn and Queens are a shorter commute to Manhattan than a neighborhood you can afford on that salary.

    I just don't understand on that salary why someone would want to scrape by in mahattan when you could live a lot better life in Brooklyn or Queens. Just my opinion...

  10. #10

    Default

    Not to high-jack this thread from the original poster, but I was wondering:

    Is Queens safe? Also, what neighborhoods in Queens or Brooklyn would you guys recommend for a single graduate student?

    Thanks!

  11. #11
    Senior Member 718Bound's Avatar
    Join Date
    Nov 2006
    Location
    Long Island :('til summer
    Posts
    113

    Default

    Where are you going to school? That will help because some areas will be easier to commute from than others.
    Last edited by 718Bound; May 31st, 2007 at 12:58 PM.

  12. #12

    Default

    Fordham Law, so right by Lincoln Center.

  13. #13

    Default

    I know I'm planning to live with at least 5 roommates, which will make rent more bearable. Still, I'm not looking forward to (at least) my first four years in NYC, I know it will be a struggle. My only consolation is that it will be NYC (duh), so I know I'll love it.

    And as for the designer bags - they're probably knockoffs from of a street vendor, like someone else said... Or stolen and resold.

  14. #14

    Default

    well im nj now because its pretty convienant..plus im only paying a few hundred dollars for my own room and a nice clean place in a safe neighborhood with private parking for my car...so for now its good...reason why i never looked at bk or queens was because i think it takes less time for me to get to midtown from where i live and because i got a great deal on my place...i dunno if and when i move to manhattan...i was just thinking outloud...

  15. #15
    Architectural Padawan
    Join Date
    Mar 2004
    Location
    Turtle Bay
    Posts
    319

    Default

    Quote Originally Posted by nydreamer83 View Post
    well im nj now because its pretty convienant..plus im only paying a few hundred dollars for my own room and a nice clean place in a safe neighborhood with private parking for my car...so for now its good...reason why i never looked at bk or queens was because i think it takes less time for me to get to midtown from where i live and because i got a great deal on my place...i dunno if and when i move to manhattan...i was just thinking outloud...
    It sounds like you're in a good spot already... Manhattan is a good dream to have (I had the same one when I was younger), however, if you don't have the funds to be able to afford the prices, it's just not the same experience. If you're in a good spot in North Jersey and are really that close to the city, I'd suggest staying where you are until you can get at least 20k more per year in income. In the long-run you'd be better off as well if you're able to save any spare cash that you earn and maybe even save up to purchase a place when the time is right.

Page 1 of 2 12 LastLast

Similar Threads

  1. Living In A Van In NYC
    By rocco in forum Moving to New York
    Replies: 21
    Last Post: February 14th, 2008, 02:47 PM
  2. Envisioning a Safer City Without Turning It Into Slab City
    By Kris in forum New York City Guide For New Yorkers
    Replies: 11
    Last Post: October 7th, 2006, 02:27 PM
  3. New York City map/city guide website
    By dbambo in forum New York City Guide For New Yorkers
    Replies: 0
    Last Post: December 22nd, 2003, 11:14 AM
  4. Crazy living at the Mandarin Oriental - Time Warner
    By billyblancoNYC in forum New York Real Estate
    Replies: 1
    Last Post: December 14th, 2003, 11:53 AM
  5. Is living in Manhattan feasable for an English Major? - Livi
    By YesIsaidYesIwillYes in forum New York Real Estate
    Replies: 11
    Last Post: August 23rd, 2003, 09:27 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


Google+ - Facebook - Twitter - Meetup

Edward's photos on Flickr - Wired New York on Flickr - In Queens - In Red Hook - Bryant Park - SQL Backup Software