Craigslist Near The Bronx (2024)

FAQs

Is $300,000 enough to live in NYC? ›

Three cities require $300,000+ to bring home the “new” $100k. Residents of Honolulu, New York City and San Francisco who earn this amount are taxed roughly 40.5% or higher and have a cost of living more than 82% above the national average. It's easiest to “make it” in Texas.

A good annual salary in New York is considered to be an income of $75,000 or more. Per month, to maintain a decent quality of life and cover basic expenses, you will need an average of at least $5,000 net.

A single adult living in New York City would need to make $138,570 a year in order to live comfortably, according to the study. That equates to an hourly wage of $66.62. To cover the cost of just necessities as a single person in New York City, you would need to make an estimated $70,000, according to SmartAsset.

A $50,000 income in New York City is about $3,281 per month after taxes. With some planning, you can live quite comfortably in NYC on that income, and many people do. If you're ready to relocate, call the experts at All Around Moving Moving, and we'll take care of all of your moving needs.

For single people without children, an annual after-tax income of just $40,000 can be enough to live comfortably. With this level of income, you can afford to rent a studio apartment or Coliving in affordable and convenient areas of New York City, such as Washington Heights, Inwood, or Harlem.

On average, you need $1,238 monthly to live comfortably in New York, excluding rent. It isn't surprising that rent makes up for the largest part of your monthly budget, followed by groceries and leisure. Depending on your lifestyle, your living expenses in New York will vary.

As you can see, right off the bat you can save a boatload on rent by choosing to live in an outer borough like Queens or The Bronx, while Staten Island is the cheapest place to live in NYC when it comes to picking one of the five boroughs.

But it's important to remember that the job market in NYC is competitive, and it may be harder to find a high-paying job without a college degree than with one. Still, if you have the right skills, experience, and a strong professional network, you can get a well-paying job in NYC without a college degree.

The cost of living in New York City is 37% higher than the state average and 78% higher than the US average. The average monthly costs (without rent) are $1,574 for a single person and $5,795.70 for a family of four.

An analysis of the living wage (as calculated in December 2022 and reflecting a compensation being offered to an individual in 2023), compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other necessities, finds that: The living wage in the United States is ...

Is $17 an hour a livable wage? ›

In the United States, there are different minimum wages based on various state requirements. For instance, minimum wage in Washington DC is $16.10 per hour. So, if you're making $17 an hour, you're earning just slightly above the living wage.

$33 an hour is how much a year? If you make $33 an hour, your yearly salary would be $68,640.

If you make $300,000 a year living in the region of New York, USA, you will be taxed $110,124. That means that your net pay will be $189,876 per year, or $15,823 per month. Your average tax rate is 36.7% and your marginal tax rate is 44.7%.

However, it is possible. GOBankingRates talked with Harry Johns White, the marketing manager at NBAblast.com, about how he navigates living in one of the most expensive cities in the world on a modest income of under $30,000 per year.

At $300,000, you aren't paying an egregious amount in taxes (24% marginal federal income tax bracket). You probably aren't killing yourself at work if both parents are working. At the same time, you're still earning enough to live a comfortable lifestyle anywhere in the world.

New Yorkers need to earn similar money to afford life. The study found that residents must earn at least $312,000 pre-tax to achieve that six-figure feel. Workers who want to earn $100,000 in take-home pay can expect to pay around 41% in federal, state, and local taxes.