Personal blog about states
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.
Almost everything in New York City is about 30% harder than it should be — but there are 8.5 million people who have chosen to make a life here. It is, in fact, possible to survive — and even thrive — among the slow walkers, the surly cab drivers, and the marauding rodents.
21 Tips to Survive (and Thrive) in New York City You are always in someone’s way. All you need every morning is a sidewalk. Be succinct when asking for directions (and when ordering food). One $20 umbrella will outlast four $5 umbrellas. Wear layers and expect to see sun, snow, rain, and hail all in one day. When hailing a taxi, pay attention to its overhead light.
However, NYC *is* worth living in to many people. If you make over a certain amount, NYC is a playground. You can live in beautiful spaces and it has everything you could possibly want – any kind of food, entertainment, sports, parks, and access.
“I definitely think you can live comfortably on a salary of $50,000, even in New York City ,” says Haskins. “It’s an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it’s totally doable.”
Yes you can , you won’t live the life of luxury and you won’t be living on the island, but you can work and live in the five boroughs of NYC on that salary. My first job wasn’t much more than 40k and it was hourly non salary pay without benefits.
Staten Island gets a bad rep mostly because it was home to the largest landfill on the East Coast for many years. It is also pegged with the unfair stigma of being the playground for members of organized crime.
It isn’t enough to simply move to a new city without any money . You need a plan in place for how you ‘re going to thrive when you get there. As I prepared to move to New York I thought long and hard about what it was going to take to make a new life in a new place…with no money .
There are two requirements to being able to afford living in NYC or any big city: Keep your largest expenses (housing and transportation) as low as possible. Prioritize your discretionary spending and track it religiously.
Many people who want to move to NYC to pursue their dreams question if they should move first, or find a job first. Many face this chicken and the egg conundrum because most can ‘t find a job without living here, but you can ‘t get an apartment without having a job .
A salary of $58,450 or less annually is now considered low income in the New York Metro Area. If you are a single New Yorker earning $58,450 or less per year, you fall under the low income category, according to 2018 estimates released last month by the U.S. Department of Housing (HUD).
Therefore, $3,000 prepared for renting in NYC is an appropriate amount of money to save prior to moving . Depending on your own needs, the actual amount may differ, but New Yorkers (or renters in any high-demand markets) should , at an absolute minimum, save 3 months of rent prior to moving .
11 Cons of Living in New York City High Rents and Property Costs. The cost of buying real estate is prohibitive to most people, and rent prices are astronomical. Expensive Living Costs. It is an expensive place to live in other ways, too. Fast-Paced. Employment. Traffic. The Weather. Attitude. Familiarity Fatigue.
Conclusion: Overall, LA Wins That’s a different story than calling LA “ cheaper ” than New York. They’re both expensive cities with a higher cost of living than most other places in the US, but what you can get for your money on the West Coast is simply more than the East Coast alternative.
Living in the city affords one the opportunity to live a lifetime in a day. From a morning run in Central Park, to some of the best food imaginable in the afternoon, to an evening watching world-class theater and comedy. New York really can be like the movies. There is always something calling if you just say ‘yes.