What salary do I need to live in New York City?

What salary do I need to live in New York City?

Recommended Salary in New York City To live comfortably, a resident would need to earn at least $12,135 monthly before taxes. That’s pretty steep. If you chose to live in the more affordable Bronx borough, you’d need to earn three times the $1,793 monthly rent rate before taxes, which amounts to $5,379.

Can you live in NYC on 50K a year?

50K would be around 3K/month after taxes. Of course you can live on that, but you’ll have to restrict expenses. When I just came to New York, I lived at my colleague’s basement in Brooklyn for only $600 a month, all utilities and internet included.

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Is New York or London more expensive?

London came in first with a total cost of $484, whereas NYC came in third place with a cost of $466. Last year, the Independent reported that the Economist Intelligence Unit’s 2014 Worldwide Cost of Living survey ranked London the 15th most expensive city in the world to live in; NYC on the other hand, was ranked 26th.

Where is the cheapest place to live in New York City?

If you’re looking for a cheap place to live in New York City, Staten Island or the Bronx are your best bets. The Melrose neighborhood in the Bronx is the cheapest in the city with the median price at $200,300, followed by a slew of North Shore neighborhoods in Staten Island, which range from $221,700 to $250,300.

What are the most dangerous neighborhoods in New York City?

These neighborhoods have the highest rates of violent crime per capita across New York City: Vinegar Hill (Brooklyn) Downtown Brooklyn (Brooklyn) Theatre District / Times Square (Manhattan) Meatpacking District (Manhattan) Koreatown (Manhattan) Port Morris (Bronx) Garment District (Manhattan)

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What are the worst places to live in New York?

The Bronx, New Jersey, and Manhattan are the worst places of New York because of high crime rates and pollution. Live in Brooklyn or Queens.

Where are the safest places to live in New York?

The safest place is a mid-sized community made up of six hamlets located 50 miles north of New York City in Westchester County. The New York State Police serve the community in conjunction with the local police department.