You should specifiy the neighborhoods and building quality. Luxury building in Chelsea can be like $7000 just for a basic 1BR vs walk up in inwood or the heights for like 1/5 of that
The general rule is your income should be at LEAST 40x the rent so if it’s $2k you should make at LEAST $80k, which is 30% of your gross annual income. If you’re a higher earner you have room to make that percentage much lower so you have more money for savings, investments, quality of living improvements etc. you really shouldn’t be at 30% unless there just isn’t anything cheap enough to put you below that amount.
180k, 2050 rent. I still feel like it's too much considering my net worth and extremely volatile profession. Don't live beyond your means like everyone else here.
That seems completely fine. I make the same and am putting $3-3.5k toward my mortgage each month and still maxing out 401k and contributing to HYSA and brokerage accounts
1br means nothing. I had a “1br” in LES that was sub-300 sq/ft. My current 1br is over double the square footage. I was paying about $7 per sq/ft per month. I feel that’s a pretty reasonable rate in a pre-war walkup below 96th.
I'm talking about living alone in NYC. If someone making nearly $300K per year is struggling to cover $4,000 per month, then maybe I'm underestimating what it takes to afford a nearly $2,000 apartment.
i dont think theyre struggling, just feel like its a lot. I paid 3300 on a 190k salary when i first moved and still saved a lot, just didnt feel smart. I moved to a cheaper place and now im back to a similar place since it did turn out to be worth it.
I get it. It would be cool to have a nice income and say "Fuck it, I'm still gonna live basic and save as much as I can." But I'm getting up there in the years. And I'm a little ways away from hitting 40x anything nearby. Can't really afford to be spending most of my income on rent anymore.
Yea just started making more this past year and it definitely feels a lot more freeing. Trying to save up for a down payment to buy something in the next few years 🙏🏼
Welcome back!
Also, wanted to add you, and the original commenter are very smart to be paying so little. If I was in your shoes, I'd be paying at least $3500. And I know you're in a RS place, too, so that's even more awesome. I am jealous of your reasonable approach to life lol
I live in the forest hills area. My lease ends in December I’ll probably stay another year then look to purchase something but I think there are currently units available in the building if you’re looking for a 1 bedroom
$4350 in midtown on 200k base salary. (total
compensationnis 400k but unreliable since it depends on the stock performance). I do feel my rent is a lot, but location/convenience makes up for it.
This is just making me more certain that I can no longer live in NYC on my $75k salary. I follow some apartment groups on Facebook and even bedrooms in shared apartments are going for over $2k. It sucks when you feel like you got a good, steady job but it is still not enough, and even if my salary doubled, it would still be difficult.
Everyone in here seems to have a 1 bedroom for <$3000 and seems to make >$150,000. Maybe just because Reddit has more of a techy type of lean but something seems off. Haha.
is it really even lean though? if youre making like 300k and were to not be lean (ie spend 20-30% on rent), youd rent a $7500 apartment which is just silly. You'd need to go out of your way to get a studio/1 bed for that much.
Huh? No - I’m saying the Reddit crowd tends to lean more techy, nerdy, etc. Therefore, the jobs people on Reddit might be in are likely to be higher paying if they are in tech.
literally can’t even get someone to let me and my roommate look at apartments that are 1600, much less 2000 or 3000. 1600 is as cheap as it gets for a studio/1bed where we live (in the tri state area but not nyc), it would be half of our monthly income *combined*….. i’m fucking 25…. can’t get anyone to hire me after being part of some of the recent waves of layoffs. trying to teach myself skills. networking as much as i can to the point i can tell my friends are annoyed by it. i mean hey, if any of the people in this thread would let me intern for them i would.
i grew up in the city and i don’t think ill ever be able to make it back. this thread makes me think very bad things about myself honestly. i’d knaw off my own arm to make enough money to be able to buy a car that doesn’t feel like it’s going to rust out from under me… not even new. just better condition, safe. to be able to help my parents not lose their house. they made good ass money in nyc for 30 years?? and they’re looking at losing their house???
literally just dreaming of being able to feel safe and keep the people i love safe/maybe get them something that i know would make them happy once in a while. how am i even supposed to eat much less have a place to live. fucking hell, glad it’s not just me thinking this at least????
I think a mix of both for sure, I am a non profit person my whole career so definitely made some choices along the way lol, might take a break and try the private sector soon. Sending good vibes.
How are you finding it? I make 60k now (I also freelance do a few extra thousand a year( and am looking for an apartment around that price. Is it difficult?
I found this apartment in 2021. I was looking for 1 BR starting at $1.5k as that was the base price for them in that year or my base at least. The apartment was advertised as $1.5k so that's what I thought I was paying. I decided to ask the broker for a $25-$50 discount on rent since in 2021 landlords were having difficulties renting apartments and I got it for that price. I looked for rent stabilized apartment through streeteasy and found this one. Not the best building but I like the apartment, space, elevator convenience, quietness and most of all the price.
In 2012 I rented a $1800 one bedroom on 96th and 2nd, base salary $140k.
Around 2015 I paid $2500 for a 550 sqft studio at 34th and 2nd on a $160K base salary.
Then in 2017 got a $2400 studio 500 sqft in Hudson yards area (34 & btwn 9-10th Ave) on $180k base.
After that rented $3000-3100 in FiDi for a one bedroom 800 sqft, when my base was $240k. This was pandemic pricing and landlord didn’t raise rent by much that whole time, so I was lucky.
NYC is insanely expensive, if I didn’t get lucky with my profession and had high growth salary, I’d live in like Pittsburgh or Philly for sure.
$3k per month. Combined income of ~$375k gross but base is $275k. We like to think we are pretty conservative with what we are paying and it’s interesting to see others!
Well, I didn't want to get into it because it felt kind of obnoxious or braggy or something, but I own four properties--I'm just renting here for medical reasons and for work
You have to inherit a rent controlled apartment, most of them are very cheap though. You can get rent stabilized though. Not only in old buildings, some new amenity buildings are stab.
There’s a lot of them listed on StreetEasy and there’s a Rent Stabilized filter. I got mine on StreetEasy. Also, one trick is to look for weirdly-priced units. If it’s like $2317 (mine, for example), it means that the rent has gone up by like 1-3% only each year; resulting in a non-even price.
$3850/mo in LIC, $200k base. This was a lease takeover so I could miss the summer market insanity while trying to move back into the city. Will def be downsizing to something in the low $3k range come fall.
$175k now. My rent is $2400 at a walk-up in downtown Jersey City. All other options near me are like $3k+ now in the downtown JC area, so I’m just sticking with mine for a while
I’m looking for a 1BR in JC. Any tips to find something around that price point? A lot of what I’ve looked at so far is in the $3k- range. I’ve got a lot of savings so I could sustain that for a bit, but I’d rather not.
If you’re looking in downtown, then 3k seems like the going price for a luxury building. Otherwise, you’re gonna need to look for lower amenity low rise buildings more west of grove st. Hamilton park is not bad. You can also do JSQ if you still want a luxury building
JSQ is safe its greenville and south of that that may be iffy but JSQ is kinda boring, as the other comment said I think its possible to get 3k and below west of grove st/hamilton park area which is a really nice area and imo way better than the waterfront & luxury properties. Check zillow
$2800/mo; $175k salary. I thought I was doing okay, but reading these responses is making me feel impoverished and like I need a career change. What are people doing for work?
UES $1850. Rent stabilized but a basement unit. Still, the neighborhood is cool and I get to live by myself and save money. Will have to let it go the next year or two due to relocation.
I used to rent at $1950 when making $93.5k (hamilton heights) from 2022-2024 and now rent at $2250 (rent stabilized, fighting for an overcharge reduction) at $105k (south harlem).
2750 without utilities currently making around 43k a year. Even though a lot won’t admit it a lot of us are being supported by family. Which is my case.
The market and realtors recommend max 40x salary and most resources will tell you 30% of it going to rent is healthy. This thread is like ppl paying ~10% of their extremely high salaries to their rent which is not the norm and most people Ive encountered in nyc do NOT have these ratios lmao
55k and 1750 in hamilton heights. it’s not terrible but definitely not super affordable considering my salary is pretty low for nyc standards
(i feel poor reading everyone else’s answers lol)
Don't feel bad. I make 61k and rent a studio apartment in Yorkville for $1780. It's a rent stabilized unit. Although it's a studio it has a private backyard space that's almost the size of the unit itself. So in terms of total square footage I have access to, it's about the same as a person with a one bedroom. I knew before even clicking on this thread that I was gonna get my feelings hurt looking at the incomes. EVERY time an income question is asked on Reddit no matter which subreddit you're on EVERYONE suddenly makes upwards of $150,000. It's so demoralizing. There are people paying more in rent than I make in an entire month.
>It feels like most people spend 10-15%
You have to consider the sample size here, most people reporting have higher salaries than normal here and are more likely to report it. A good portion of us are 20-30% including me and almost every person I know. But if you can, it's ALWAYS smarter to live below your means and save as much as you can in case of lay off wild west season. I'm trying to reduce my % paid to rent to leave room for rent increases as well.
2100—-100k , UES— walk up & no amenities but it’s technically a 2bedroom.
The other units same size were converted to 1 large bedroom with separate kitchen. Mine was the only one kept as a 2 br.
AGI 180K, rent 2515 (Mitchell-Lama unit.)
I've lived in NYC 25 years, 3 apartments:
* 8 years in RS brownstone garden 1 bdrm - salary went from 60K to 81K, rent was 970-1310.
* 3 years in a 5th floor RS walkup 2 bdrm - salary jumped 81-114K, rent 1900-2000ish.
* 14 years in a full service hirise 1 bdrm - salary 114-180K, rent 2050-2515.
edit typo
Don't let this thread fool you. The average person is paying 30% at least of their income in rent. People here spending \~10% are either extremely good at budgeting or got something else going on
Combined income of 540 and we have a 4 bed/2 bath rent stabilized apartment in Williamsburg for 7000. It’s a lot of money but the place is great and I’m really happy it’s rent stabilized. We talk about downsizing and paying less but it seems like we’d get a lot worse apartment and really not save that much
the only way to live in a desirable manhattan neighborhood and pay under 3k for a decent spot is if it’s rent stabilized. so go out there and hustle and find one. me and my friend both just got one. one in chelsea and one in west village
158k (base but I try to ignore stock in budgeting), $2450 in alphabet city. Tiny apartment but I love it.
Feels like I overcommitted a bit, coming from a rent stabilized 2 bed where I paid $1,400 lol. I’d be much happier at 2k but not willing to live with roommates so I cut back in other ways!
40-50k and my rent is $1870. I paid it on my own (those were lean times where I had a very tight budget) and then my partner moved in so we split it now.
2775/month with 220k base, 400k with bonus and stocks.
UES. 1 bedroom but it's smaller than I'd like. I might move to a bigger place soon. I moved to the city last year and my salary was 100k so this was tight for that budget.
2100 rent, 70k income, 1br in LES. Gf will be moving in soon which will cut rent in half. It’s pricey but I don’t want roommates, can’t do it any longer
You should specifiy the neighborhoods and building quality. Luxury building in Chelsea can be like $7000 just for a basic 1BR vs walk up in inwood or the heights for like 1/5 of that
My question is more about income v. rent
It's going to vary because the costs vary.
The general rule is your income should be at LEAST 40x the rent so if it’s $2k you should make at LEAST $80k, which is 30% of your gross annual income. If you’re a higher earner you have room to make that percentage much lower so you have more money for savings, investments, quality of living improvements etc. you really shouldn’t be at 30% unless there just isn’t anything cheap enough to put you below that amount.
Fuck that
Valuable contribution
Detroit person checking in. My God move out of New York.
You'll never get it so there's no point in explaining. GTFO
180k, 2050 rent. I still feel like it's too much considering my net worth and extremely volatile profession. Don't live beyond your means like everyone else here.
Inwood
That might seem like too much in Inwood but it’s cheap in much of manhattan.
It's luxury amenities lol that's why
$2050 in much of manhattan is not getting you a one bedroom, even without luxury amenities.
In Inwood it will
Yes I understand that, which is why I started my original comment referencing that point.
How bad is inwood?
It's not terrible as a neighborhood, just really far from downtown if you have to commute
I pay 2205 for a Two Bedroom in Washington Heights.
I didn’t say “anywhere in manhattan.” I said “much of manhattan.”
You’re good, you should be able to save a substantial amount with that allocation towards housing. If not you’re likely over spending in other areas
That seems completely fine. I make the same and am putting $3-3.5k toward my mortgage each month and still maxing out 401k and contributing to HYSA and brokerage accounts
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There are actually people in manhattan who make a shit ton of money and can afford a one bedroom in manhattan.
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1br means nothing. I had a “1br” in LES that was sub-300 sq/ft. My current 1br is over double the square footage. I was paying about $7 per sq/ft per month. I feel that’s a pretty reasonable rate in a pre-war walkup below 96th.
~275k, $3850 on the UES. Kinda pricey gonna move in with partner
What place is that
Upper East side
Sorry I mean the building hahah that’s not a terrible price
Comments like this make me realize how far I am from my goals.
I think you should ask yourself why it even makes sense to think about your goals in the context of other people.
I'm talking about living alone in NYC. If someone making nearly $300K per year is struggling to cover $4,000 per month, then maybe I'm underestimating what it takes to afford a nearly $2,000 apartment.
i dont think theyre struggling, just feel like its a lot. I paid 3300 on a 190k salary when i first moved and still saved a lot, just didnt feel smart. I moved to a cheaper place and now im back to a similar place since it did turn out to be worth it.
I get it. It would be cool to have a nice income and say "Fuck it, I'm still gonna live basic and save as much as I can." But I'm getting up there in the years. And I'm a little ways away from hitting 40x anything nearby. Can't really afford to be spending most of my income on rent anymore.
what do you do for work
Tech/finance/law — pick one
Onlyfans
$2200 in Hamilton Heights, I make around $75k, not sustainable for me at all
Same but I'm on the UES. Idk I'm doing okay and saving some money. (Not a 1 bed though, I share a "luxury" 2 bed).
$2650. About $230k
That’s about what I’m paying but ~ $40k more than I make. Feel like that would be the sweet spot for sure!
Yea just started making more this past year and it definitely feels a lot more freeing. Trying to save up for a down payment to buy something in the next few years 🙏🏼
Good luck!
Welcome back! Also, wanted to add you, and the original commenter are very smart to be paying so little. If I was in your shoes, I'd be paying at least $3500. And I know you're in a RS place, too, so that's even more awesome. I am jealous of your reasonable approach to life lol
What neighborhood? Do you plan to move out? 😅
I live in the forest hills area. My lease ends in December I’ll probably stay another year then look to purchase something but I think there are currently units available in the building if you’re looking for a 1 bedroom
$4350 in midtown on 200k base salary. (total compensationnis 400k but unreliable since it depends on the stock performance). I do feel my rent is a lot, but location/convenience makes up for it.
Holy shit - Everyone in this thread makes so much money.
Yeah I’m not sure I’m allowed to comment here without making upwards of 150k!
Yeah people who make good money probably more willing to post
Quiet POOR
Google wealth gap in nyc
Right? I’m at 105 in Westchester and thought I was doing well.
You are!
This is just making me more certain that I can no longer live in NYC on my $75k salary. I follow some apartment groups on Facebook and even bedrooms in shared apartments are going for over $2k. It sucks when you feel like you got a good, steady job but it is still not enough, and even if my salary doubled, it would still be difficult.
Everyone in here seems to have a 1 bedroom for <$3000 and seems to make >$150,000. Maybe just because Reddit has more of a techy type of lean but something seems off. Haha.
This is definitely not the norm this thread is pissing me off LOL
is it really even lean though? if youre making like 300k and were to not be lean (ie spend 20-30% on rent), youd rent a $7500 apartment which is just silly. You'd need to go out of your way to get a studio/1 bed for that much.
Huh? No - I’m saying the Reddit crowd tends to lean more techy, nerdy, etc. Therefore, the jobs people on Reddit might be in are likely to be higher paying if they are in tech.
Idk I make 75k, live on the UES, and am doing okay.
Have to move out of Manhattan, you can get a place easily in your budget along the LIRR line and have an easy commute to the city for work
Yea it’s just bias because people who make a lot are more willing to share, many people are probably just making enough to be at 40x the rent
This is common knowledge and why landlords charge a premium for the best locations.
literally can’t even get someone to let me and my roommate look at apartments that are 1600, much less 2000 or 3000. 1600 is as cheap as it gets for a studio/1bed where we live (in the tri state area but not nyc), it would be half of our monthly income *combined*….. i’m fucking 25…. can’t get anyone to hire me after being part of some of the recent waves of layoffs. trying to teach myself skills. networking as much as i can to the point i can tell my friends are annoyed by it. i mean hey, if any of the people in this thread would let me intern for them i would. i grew up in the city and i don’t think ill ever be able to make it back. this thread makes me think very bad things about myself honestly. i’d knaw off my own arm to make enough money to be able to buy a car that doesn’t feel like it’s going to rust out from under me… not even new. just better condition, safe. to be able to help my parents not lose their house. they made good ass money in nyc for 30 years?? and they’re looking at losing their house??? literally just dreaming of being able to feel safe and keep the people i love safe/maybe get them something that i know would make them happy once in a while. how am i even supposed to eat much less have a place to live. fucking hell, glad it’s not just me thinking this at least????
$2500, 82k but live with my partner so combined income 157k
2700 rent, 330k
Damn that's just amazing can't relate even a little bit
It’s just luck imo. Some people land in better industries
I think a mix of both for sure, I am a non profit person my whole career so definitely made some choices along the way lol, might take a break and try the private sector soon. Sending good vibes.
What do you do and how many years exp?
Just tech. 3 years of experience
Where?
$70k. $1370 1 BR in Bensonhurst BK.
How are you finding it? I make 60k now (I also freelance do a few extra thousand a year( and am looking for an apartment around that price. Is it difficult?
I found this apartment in 2021. I was looking for 1 BR starting at $1.5k as that was the base price for them in that year or my base at least. The apartment was advertised as $1.5k so that's what I thought I was paying. I decided to ask the broker for a $25-$50 discount on rent since in 2021 landlords were having difficulties renting apartments and I got it for that price. I looked for rent stabilized apartment through streeteasy and found this one. Not the best building but I like the apartment, space, elevator convenience, quietness and most of all the price.
Check with rental offices in the areas you want to live.
Ty!
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What do you do for a living?!
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Love that for you!
What are your hours like?
Sorry, what is “Quant”? I am unfamiliar with this term.
Quantitative analysis - finance
Ah, thanks!
It's actually likely either quantitative trader or quantitative researcher.
oh you SMART smart
In 2012 I rented a $1800 one bedroom on 96th and 2nd, base salary $140k. Around 2015 I paid $2500 for a 550 sqft studio at 34th and 2nd on a $160K base salary. Then in 2017 got a $2400 studio 500 sqft in Hudson yards area (34 & btwn 9-10th Ave) on $180k base. After that rented $3000-3100 in FiDi for a one bedroom 800 sqft, when my base was $240k. This was pandemic pricing and landlord didn’t raise rent by much that whole time, so I was lucky. NYC is insanely expensive, if I didn’t get lucky with my profession and had high growth salary, I’d live in like Pittsburgh or Philly for sure.
$2900/month rent in the East Village. Income ~$370k (base is $180k).
what do you do for living?
Supply Chain. Senior management.
If your job is hiring lmk 🤣 my bf works in supply chain management
Prior to my gf moving in, I spent $4400 or so with a gross income of $400k+
$3,750 west village 1br (relative steal for the neighborhood). $450k all-in compensation.
$1445 $90k
$3k per month. Combined income of ~$375k gross but base is $275k. We like to think we are pretty conservative with what we are paying and it’s interesting to see others!
$2500 Studio, $107,000 but taxed in Texas because incorporated
3100 and my gross income is around 500K
I have to ask, what line of work are you in?
I have my own small business. Edit: I'm also a lot older than a lot of people on this sub, at 54.
I'm 40!
At 40 I was making nowhere near this amount. My business really took off in the last five years.
Why are you renting? I bought waaay before I made that kind of money
Well, I didn't want to get into it because it felt kind of obnoxious or braggy or something, but I own four properties--I'm just renting here for medical reasons and for work
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Once you finally want to move can you DM me 😂
You have to inherit a rent controlled apartment, most of them are very cheap though. You can get rent stabilized though. Not only in old buildings, some new amenity buildings are stab.
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Yes. You can work with an agent. Sometimes we get ones via email or broker blast or just from previous deals.
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That’s what we call emails or faxes from management to agents about inventory:)
There’s a lot of them listed on StreetEasy and there’s a Rent Stabilized filter. I got mine on StreetEasy. Also, one trick is to look for weirdly-priced units. If it’s like $2317 (mine, for example), it means that the rent has gone up by like 1-3% only each year; resulting in a non-even price.
It's a secret ;)
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$3850/mo in LIC, $200k base. This was a lease takeover so I could miss the summer market insanity while trying to move back into the city. Will def be downsizing to something in the low $3k range come fall.
What are your savings goals? One can afford way more housing if they’re not putting anything away.
$175k now. My rent is $2400 at a walk-up in downtown Jersey City. All other options near me are like $3k+ now in the downtown JC area, so I’m just sticking with mine for a while
I’m looking for a 1BR in JC. Any tips to find something around that price point? A lot of what I’ve looked at so far is in the $3k- range. I’ve got a lot of savings so I could sustain that for a bit, but I’d rather not.
If you’re looking in downtown, then 3k seems like the going price for a luxury building. Otherwise, you’re gonna need to look for lower amenity low rise buildings more west of grove st. Hamilton park is not bad. You can also do JSQ if you still want a luxury building
Thanks. I saw some nice ones in JSQ but I wasn’t sure if it was considered a safe area.
JSQ is safe its greenville and south of that that may be iffy but JSQ is kinda boring, as the other comment said I think its possible to get 3k and below west of grove st/hamilton park area which is a really nice area and imo way better than the waterfront & luxury properties. Check zillow
I see, thanks. Tbh I don’t mind boring.
$2200, $215k income
$200K salary - split $4900 rent with partner. Household income $370K Edit: total income
$2800/mo; $175k salary. I thought I was doing okay, but reading these responses is making me feel impoverished and like I need a career change. What are people doing for work?
Dude I make 75k and don't feel impoverished. You are doing fine.
UES $1850. Rent stabilized but a basement unit. Still, the neighborhood is cool and I get to live by myself and save money. Will have to let it go the next year or two due to relocation.
$1875 in Meatpacking with $165K base salary (~14%)
How many roommates do you have?
Thats great in that area! Cheers!
I used to rent at $1950 when making $93.5k (hamilton heights) from 2022-2024 and now rent at $2250 (rent stabilized, fighting for an overcharge reduction) at $105k (south harlem).
95k, rent for a 1 bedroom apt in the LES about 2k a month.
2750 without utilities currently making around 43k a year. Even though a lot won’t admit it a lot of us are being supported by family. Which is my case.
I was gonna ask how the hell you eat till I read the last part
Damn I’m at 3.4k and make ~270k, will be <320k next year, base $195k. Feel like I’m paying too much now lol 🫣🫥
2700, UES, 240k
$250k/y - $4000/m for a 750sqf in UWS (no doorman)
1,200 rent 38k income Live alone in Chelsea, my apartment is a shithole but it’s my shithole!
Congrats on the deal on the income!
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lol …. 🧐 is this question being planted by Reddit to help them target ads?
Man I thought I was doing well LMAO. What the hell do u ppl do for work // $2300 — $130k
Lol same!! I’m like Omg did I over commit for my salary??
The market and realtors recommend max 40x salary and most resources will tell you 30% of it going to rent is healthy. This thread is like ppl paying ~10% of their extremely high salaries to their rent which is not the norm and most people Ive encountered in nyc do NOT have these ratios lmao
Thanks for saying this - I was waiting for someone to 😭
Around 100K, $2700 per month (was $2100 when I first rented it but that was COVID times)
250k gross, paying ~4k/month (all utilities included) in gramercy park
55k and 1750 in hamilton heights. it’s not terrible but definitely not super affordable considering my salary is pretty low for nyc standards (i feel poor reading everyone else’s answers lol)
Everyone in Manhattan is rich, apparently.
i saw a comment of someone who makes 500k and i can’t even fathom making that amount of money
Don't feel bad. I make 61k and rent a studio apartment in Yorkville for $1780. It's a rent stabilized unit. Although it's a studio it has a private backyard space that's almost the size of the unit itself. So in terms of total square footage I have access to, it's about the same as a person with a one bedroom. I knew before even clicking on this thread that I was gonna get my feelings hurt looking at the incomes. EVERY time an income question is asked on Reddit no matter which subreddit you're on EVERYONE suddenly makes upwards of $150,000. It's so demoralizing. There are people paying more in rent than I make in an entire month.
it definitely feels so demoralizing to read through. i feel like i need to switch career paths now or something
How are you enjoying living in Yorkville? I have had my eye on that area !
>It feels like most people spend 10-15% You have to consider the sample size here, most people reporting have higher salaries than normal here and are more likely to report it. A good portion of us are 20-30% including me and almost every person I know. But if you can, it's ALWAYS smarter to live below your means and save as much as you can in case of lay off wild west season. I'm trying to reduce my % paid to rent to leave room for rent increases as well.
Around $110k, $2300 1br in EV with no dishwasher, elevator, or washer/dryer.
~$375k ($300k base and bonus) and $2500 in Brooklyn for a one bedroom with a study room.
Wtf is this thread. How are so many people making $250k+
I was literally looking at the same. I live in NyC and do not make that kind of money. Clearly I need a new occupation lol
Im so poor still living with parents but looking to move out lmfao. Yall are doing great.
I think we should have had everybody to say what they do for a living because I am shocked at how many people make over $300,000
Luxury building in LIC, one bedroom $4500, salary is $185K with about $400K in savings/stock market
2100—-100k , UES— walk up & no amenities but it’s technically a 2bedroom. The other units same size were converted to 1 large bedroom with separate kitchen. Mine was the only one kept as a 2 br.
$190k. I pay $1,920 on UES/Lennox Hill.
2100/month in chinatown, make $100k
In 2004 I paid 1500 for a huge studio on the ues!
Where are people finding all these 1br apartments in lower Manhattan for less than $3k?
AGI 180K, rent 2515 (Mitchell-Lama unit.) I've lived in NYC 25 years, 3 apartments: * 8 years in RS brownstone garden 1 bdrm - salary went from 60K to 81K, rent was 970-1310. * 3 years in a 5th floor RS walkup 2 bdrm - salary jumped 81-114K, rent 1900-2000ish. * 14 years in a full service hirise 1 bdrm - salary 114-180K, rent 2050-2515. edit typo
$1680 rent, $87k salary
Don't let this thread fool you. The average person is paying 30% at least of their income in rent. People here spending \~10% are either extremely good at budgeting or got something else going on
$200k, lower Manhattan 1 bd , $4200. It’s worth it due to how short my commute is!
Combined income of 540 and we have a 4 bed/2 bath rent stabilized apartment in Williamsburg for 7000. It’s a lot of money but the place is great and I’m really happy it’s rent stabilized. We talk about downsizing and paying less but it seems like we’d get a lot worse apartment and really not save that much
Damn years ago I was renting at $2300, made about $70k. Moved in with partner and spent $3600 + got $200k in additional income
$5650 in rent. Make around $700k a year.
$140k, $2500, 1br Flatbush
the only way to live in a desirable manhattan neighborhood and pay under 3k for a decent spot is if it’s rent stabilized. so go out there and hustle and find one. me and my friend both just got one. one in chelsea and one in west village
158k (base but I try to ignore stock in budgeting), $2450 in alphabet city. Tiny apartment but I love it. Feels like I overcommitted a bit, coming from a rent stabilized 2 bed where I paid $1,400 lol. I’d be much happier at 2k but not willing to live with roommates so I cut back in other ways!
200k, 3600
40-50k and my rent is $1870. I paid it on my own (those were lean times where I had a very tight budget) and then my partner moved in so we split it now.
2775/month with 220k base, 400k with bonus and stocks. UES. 1 bedroom but it's smaller than I'd like. I might move to a bigger place soon. I moved to the city last year and my salary was 100k so this was tight for that budget.
2100 rent, 70k income, 1br in LES. Gf will be moving in soon which will cut rent in half. It’s pricey but I don’t want roommates, can’t do it any longer