Is 85k a good salary in nyc reddit. Your average tax rate is 26.

Is 85k a good salary in nyc reddit Transportation is good enough so you won't need to own a car. We always knew we would be 1 income for a good few years before the kids With an $85k salary and minimal debt, you could likely afford a mortgage around $250k-$300k comfortably. You're looking at roughly $4K per month after taxes, health insurance and 401k, with about $3. Q&A. I will say, I’m still on my parents’ medical plan since they have to have a family plan anyway for While it’s easy to suggest what’s considered a “good” salary based on averages and medians in NYC, the cost of living here is fairly high compared to the rest of the country. 5K for 1b apartment. ADDED: oh, all of those are nice, safe suburbs with good to excellent schools. Or check it out in the app stores &nbsp; I'm making a good deal less than some people in a pretty HCOL place. . I've also heard the pay at NYU is very good. — I have a 6 p. People say they pay 2000 for 1bd or 2500 for 2bd but So, the first question: is it still affordable to live in SD (without roommates) making 150k? If so, what are the good locations/neighborhoods to look for a place, and what locations are better (but my wife will start making 85k and eat the cost of rent starting in a Anyone know what is the starting NYC RN salary for fresh grads out of school with the post union strike (new 3 year union contract)? Just wondering the numbers for a fresh grad in New York Presbyterian, Mount Sinai, NYU, Memorial Sloan, NYC Health + I've managed to get by on low pay (30-60k) for my entire life. Yes, it's more than good enough. I don't know if I would be of much help, but I have lived in 6 different houses and areas in Houston (craigslist shared housing situations). Or check it out in the app stores What is a good starting salary? but going into partnership and subk taxes, and my offer was $100k for NYC and $85k for Chicago. Having a larger base salary at a new job will allow you to, hopefully, receive a larger salary as time goes on. I was having a debate a few days ago with one of my mates who insists that even £85K is not good for a single person in the Southeast anymore. AskEngineers is a forum for questions about the technologies, standards, and processes used to design & build these systems, as well as for questions about the engineering profession and its many disciplines. We're in similar boots. Have you looked into other towns (Bayonne, Secaucus, Union City, etc)? I agree with you when it comes to people being terrible with finances. Might be good idea to have a couple roommates and save up for a couple years. I started 45k in the early 2000's, and 85k in Cybersecurity in 2015, but I already had 15 years of support and system admin under my belt and experience with email security. Top. Rent ~2500€ per month for 100m2 flat in Munich. Of course, how far the money can go depends on where you live, your lifestyle, spending habits, and any financial A good annual salary in New York is considered to be an income of $75,000 or more. Reply reply beergal621 • In 2017 is was totally fine on $70k with one bedroom rent of $1600. The average household income is 85k in the United States. Lots of paths once your in side a good sized manufacturer. If you feel you’re not getting too many responses bc of that you can either leave it blank, and once you get a callback, check the average salary in the company on Glassdoor and negotiate based on that. Trying to get a good gauge of senior marketing manager (or similar) salaries! Skip to main content. reddit's new API changes kill third party apps that offer accessibility features, mod tools, and other features not found in the first party app. Reply reply More You can live in a good 1 bedroom apartment in most areas on 85k. Especially here as most of the affordable areas (I. 65k used to be standard entry level salary. degree is 15,000 and there are plenty of people out there who are being paid the minimum. Reply reply LoveAndLight1994 • Same. You're nowhere near being house-poor at this rent and salary. I'd definitely recommend you explore other options. My intuition is that it's more than enough to live (and maybe even save), but I'm not sure what to expect. My wife and I have always talked about living abroad for a . Both can be right. I’m a member at a gym (not the dreaded equinox) but in reality don’t I've spent enough time in NYC and Philly to tell you why I prefer SF and LA to either, though part of it is extended family being local. Old. With a single salary gets risky. 5k. As long as there are people to hire, why As was stated in the comment I replied to, average starting salary for developers in NYC is 85K. They had me doing the work of 3 different positions including PAYROLL. 6% roughly), and on $106k I take home $5k The pay kind of sucks if you just look at the number and consider that I've been there 15 years. Started working full time in mid 2021, making 70k in LCOL area in the US. New. Since December 2021, I have gone from about 28k total to 87k total. Around NYC? 55 is typical for most starting salary IT gigs where its salaried and not helpdesk/support. I pay myself a salary of about 90k, plus pay for family medical insurance, fund our HSA, and pay my assistant. You might also not get a higher salary based on experience because the company might only need a junior or mid-level person. Difference of approximately $421. Affordable housing in NYC is a lottery pick, where the maximum income to qualify is $275k. However once you make the associate grade salary of £70k, salary growth stagnates and you have to work really hard to progress to higher salaries. Closer to $5,500 after utilities and stuff. If not, you would have to be making a combine salary of 175-200K to be able to afford My 32-year old daughter is a finalist for a manager position in Midtown NYC with a starting base salary of $75k-85k and reasonable benefits. I was told ~90k base with ~1-2 years of experience for night shift at Long Island Jewish. Log In / Sign Up; Advertise on Reddit; Shop Going from $60k to $85k I was obviously still comfortable, but with less anxiety about eating out/going out too much and traveling. Open comment sort options. Keep my frugal living and use the extra money for things that bring me happiness and improved financial security for future. Making around the same amount, I am in my early 20s too and have been working for 2 years in NYC. Here in Boston, I don’t think I could manage that for a good decade or more, not just due to saving the down payment but because my salary can’t cover the mortgage on a house. standards. A single income of $100,000 might feel comfortable for one person, but it could be tight for a family of four. Expand user menu Open settings menu. It's rent controlled and well below current market rate because I've been here forever. Sort by: Best. One person may think 60k is a good salary while another may think 400k is good salary. I think a lot of scientists could only dream of a salary that nice. $85k isn’t much to live in NYC so my biggest concern would be finding a place in a good neighborhood where you feel safe. Austin pays a bit But to be clear, you can Survive with 90K pretty all right, problem is with three people the options get limited long term and also depends on where you live if you have a car or not, etc. But it’s still plenty to live a good life on. For example, it’s estimated that an average family Plus there's something to say about your next job in NYC may be for 130k, where as your next Tampa job might be for 75k Source: single guy living near Union square near that salary, adjust location for kids/needing car Im planning to move to Atlanta, Georgia with a 60k salary from NYC. 5k monthly. I would like to ask the people of NYC, or those who have lived there, if this scenario is realistic: I live in Europe where I've worked my entire professional life. I'm an engineering student here at UH and will be graduating soon. Also I'm single and have no dependents, so about 40% of my yearly salary goes to taxes. You won't want for food or lodging but you definitely will be limited in luxuries. That’s household! Now Is it a good idea to keep holding on to my condo? Should I be looking for a new job? Budget My take-home pay is about 4200/month after taxes and deductions, and my total housing Most new grads are 60k -85k because thats what areas can afford. Definitely not peanuts, but I'm not sure it's a good bargaining chip for No. Most new grads are 60k -85k because thats what areas can afford. Now I’m comfortably making over six figures in the entertainment industry at 24 years old. Recently through someone I know I found an opportunity to move to NYC for a yearly salary of 150k (minimum, up to 175k). In short, you will be comfy in this salary here in NYC but you will need planning, good budgeting, lower your standards on how good of Reddit; Is $85K a Good Salary for a Single Person in 2024? By Marcy Lovitch. Or you can lower it to maybe 85k You can live in a good 1 bedroom apartment in most areas on 85k. It's Still an acceptable entry level salary, but it's probably on the lower end these days. Reply reply more replies More replies. My first job which paid me 65k now starts at 72k. My family and all the other naysayers I make 85k and pay $1730 for a 2bd 2bth in mid city Los Angeles. Eng. HCOL. flight back to Boston tonight to make a meeting for work tomorrow morning, so I pack now. This is one of the nicest things I've read on Reddit ( provided you're not trolling ). roughly the equivalent of a single on a $100k salary). You should’ve not given your range though and let them give you a You can definitely afford a place on a $200k salary in the GTA, it all depends on what other expenses the person has. 5K of that going towards rent, car, bills, groceries, etc, you've got about $500 of disposable income per month, which isn't great but isn't awful either. P80,000 is probably a middle- to top-level manager's salary in most companies. My current employers entry level position starts at 78ish. When I first entered Ya but if your commute is an hr you clearly don't live in NYC, you live in a suburb. Norwegian standards are pretty high as well. e. even if you don't find something you like more, you'll have the experience of interviewing, which is good practice and can 36 votes, 39 comments. While I don't know your exact situation, asking for 60K as a software developer in NYC is way too little. Depends on what you mean by comfortable. I would say it's "comfortable" but probably not much above that. He seemed broke and then blamed NYC for it. Typical for corporate banking in london is £43k-£50k total comp. If you make $85,000 a year living in the region of New York, USA, you will be taxed $22,752. Your salary will presumably increase and 1800 is a good price in today's market. (82-85k for new grads) which seems to be on the lower end of standard for NYC. Of course you can have ambition and aim higher, but don't let anyone convince you that this isn't a good salary to start out with. Most working class Americans could only ever imagine making this much even late in their career, let alone as a new grad. With the cost of living in the GTA, 85k seems like it'd be low for 1st year EIT positions. I pay $3108 per month for a 2/1 townhouse, I make 85k and pay $1730 for a 2bd 2bth in mid city Los Angeles. If that 22 year old is Your most difficult expense will be rent; condos (the most common rental accommodation downtown) in the 85k price range are 2100/monthly, and you will NOT want to spend more than that if you can avoid it. Right for for luxury one bedrooms in top The median salary in the UK is £27k, so at the moment I am earning well above that (with the mean average being £37k). However, I am a single woman with no dependants and no debt so I only need to worry about supporting myself. I would think something like 25. Is that salary survivable to survive as an individual? Skip to main content. I would do it, especially if the 1,800 is rent controlled. $150,000 a year is great money, but it’s not insane money either. 50 (I share a three-bedroom, one-bathroom apartment with two friends. A first year attorney is "entry level" but is making 200k and that's obviously not an entry level salary. Hiring software engineers in the difficult and the market is competitive. I pay $1400 for my half of the apartment. Hello! I’m a 21M with an interest in mechanical engineering but I have some questions and overall I just feel stuck. ( I am a nyc native) Yes, my work life balance is very good now, Second two years: $75-85k in a second role, perhaps supervising one or two entry level positions Years 5-7: Engineers apply the knowledge of math & science to design and manufacture maintainable systems used to solve specific problems. But if you’re looking at the Valley, that number can be lower and if you’re on the Westside it’s more like 100k+ to be truly comfortable. This sub will be private for Many folks posting here think living alone in a prime neighborhood in NYC and eating out every night is "middle-class". A good salary would be 50. The bay area, in terms of salary is relatively high, but NYC, Seattle, and LA pay similarly. Jumped from 52k to 85k in 4 years. ' And again, there are tons of other variables. If you are a 22 year old who just graduated from college and are making $50k/year in the south or midwest, that might be a 'good salary. 85k a year is the same as what some civil engineers here in Norway earn, which by Norwegian standards is pretty sweet. Another Sask P. You can still find solid bars for super cheap and good food that’s also cheap. What I want to know is, what is a realistic salary I should be looking for based on my experience? Is 85k too low, too high, or just right? Is there opportunity for me to find a $100k+ role? If so, any companies I should target for that salary? Any and all advice appreciated! Edit: I just graduated, and landed a 95k base, TC: 110k job! I am also from the East coast as well (Northern Virginia specifically) and moved here 5 years ago. Open menu Open navigation Go to Reddit Home. In fact I would say the exact opposite: It is "adequate" -- not "good", but definitely "adequate". I know people from my school getting 40k and people getting 100k+ This sub doesn’t see the first type, only the second type, but I promise a lot more of the first type exist than the second type. Personally I think 75K-97K is good enough for a single person in ct to live comfortably and to get by. Rent: $1,422. The working place offers some housing option, but it’s all very close to 2K for studio or above 2. He's also young I had only been in HR for 4 years with no degree when I landed an 85k HRIS Analyst job. Also I would choose a db plan over anything. High new grad salary is 100k+ in most of the country. The only way to get more is to be a high level person at a big tech company. Fingers crossed! Reply reply More replies More replies. I have 3 roommates in a 4 room 2 bathroom apartment. 100k means you take home ~5500k a month. Per the question- I left the UK a decade ago and back then an £80K salary was good even for London (assuming single person who's renting). Don’t be pessimistic though nyc has a crazy working schedule. If your mortgage is less 40% of your gross income you should be good and you are well below that. I pay 1690 for 1 bed rent stabilized in Fairfax 85k base salary is solid for Vancouver imo, I did a bit of research a while ago, and found most of the smaller companies will do around 50-70k, midsize around 70-90k, larger companies around 90-130k (all TC for new grad) hope this helps! Because many people spend 4/5 years in collage then to go working to for another 5/6 years to make 30k . 000 THB, but of course some people make much more than that. Not only that but OP said that he is interning in the financial district for a bank where 75K is on the lower end of the spectrum. Log In / Sign Up; Advertise on I've been offered to live either in SF or in NYC, on a 150k salary. My wife earns roughly the same (she is a flood modeller/water engineer), and we are living comfortably in a 3 bedroom house (in the best neighbourhood in our small city) with our 22 month old daughter. Even with higher cost of living they still give great pay and they I might be getting a new job that’s fully remote and I’m thinking about moving to New York as it’s always been a dream of mine. I spent my early 20's living in NYC (when it would've been somewhat feasible to live with my parents), and absolutely don't regret it. We were paying 85k for entry level test automation in 2015, in the Greater NYC area. I recently got a job offer in Portland and the base salary is $85k. That’s really good. I have a weekly networking group I attend, but honestly the percentage I get from that has been going down year on year, and the internet traffic has only gone up and up. So a good salary for me would honestly be 80k plus. Here’s a breakdown of how your salary stacks up against the cost of living i Earning a salary of $85,000 can provide a good living for a single person — even one who has dependents. It became a tax write off to the rich. Copywriter - 85k (in house in nyc 2019) Senior Copywriter - 117k (in house nyc company, working out of state remote 2020-22) Associate Creative Director - 150k (in house, nyc company, currently working out of state remote) I just wanted to know what do you think it is a good le decent salary to live in Miami being single, for example a professional that is getting around 90k/year can live fine, just fine or not good in Miami? People who generally make good income don’t typically reply to these things but tend to keep that information to themselves Get the Reddit app Scan this QR code to download the app now. Log In / Sign Up; I just wanted to know what do you think it is a good le decent salary to live in Miami being single, for example a professional that is getting around 90k/year can live fine, just fine or not good in Miami? When I say decently I think in having cover your Kaiser is one of the few good hospital systems in the US for PT with good work life balance and good pay. Sometimes a lower salary is worth it for more benefits Idk,it is a very good salary if you are just graduating college, it's a rip off when a German firm hires you from India for eg when you have 10-15 yrs of experience and you have a family to support and you are comming to Germany for the I put smaller in quotes because I mean smaller by suburban Georgia standards, not by in-town Atlanta standards, and REALLY not by NYC, SF, etc. Per month, to maintain a decent quality of life and cover basic expenses, you will need an average of at least $5,000 net. I’m a 23f aspiring fashion stylist who loves to go out, try cool restaurants, shop, etc. But do you think these numbers are accurate? I ask this because some people claim to live comfortably on a 60K salary while others are making 85K say money is frequently tight. Food can be expensive if you order takeout often. You’d be fine. I sadly left last month, but only because this new company sought me out and offered to double my salary. Or check it out in the app stores &nbsp; This got me curious and I ran it through pdoc Toronto $80k would be $2244 net and $85k in Quebec would be $2665 net per pay. That's someone salary. Food 700-1000€ per month (depending how big your family is). I have no good intuition of what's reasonable to spend on rent, food, and even the tax wedge on my income. 5x your income, assuming you have no other existing debts. My sister has two Masters and is an immunologist, and she earns much less than 85k a year. Environmental-Ebb143 • Yes, it took me 7 years to get to that salary in NYC. 10k more than a single on $85k (i. I have no clue what I can say that 75-85K is good enough to live a decent life in and around camberville are, if you are okay living with atleast 2-3 roommate (in addition to your girlfriend). m. That's roughly 5200 net a month or so, with allowed us No, making a salary that is higher than the national average annual salary is not "entry level salary. I thought a salary of 90,000 would be very doable but I soon found out that’s barely enough to get by. New grad working for NYC HHC (the public hospital system), starting salary 82. That is using the 85k pre-tax salary divided by 40, which is still the standard many landlords use to gauge affordability. July 24, 2024 · 8 minute read. Possible to live alone but you’d need to live further away from Manhattan for a I was looking at some numbers today, and despite working hard, getting good reviews, changing companies, & getting promotions, my salary has not kept up with inflation since I graduated from school 8 years ago. My experience is: 85k, single earner household, 4 kids and a stay-at-home Mom, in a cheap suburb. $60k felt adequate where I was able to live frugally on my own while saving and still having an active social life, where $85k feels good for now. I'm debt free with no car payment and no student loans, only 10% of my salary goes to my 401K, I live pretty frugally and I'm still constantly stressed about money and can only save about 3 - 5 grand a year at the most in my taxable accounts. $120k-$150k is about the starting salary for top tier recent MBA grads in the city, lots and lots of people are killing it at that pay rate. People in nyc learn to just get things done under pressure which tbh just doesn’t exist in the same way in other places. 2 p. And Minimum wage salary for someone with a bach. If its mid-high COL, then you can probably expect more. This marginal tax rate means that your immediate additional income will be taxed at this rate. My NW tends to increase anywhere from 2k to 5k a month. Lived in NYC and live in Logan now Chicago overall is far cheaper than NY/NYC. When people move out of NYC to come here a lot of the time, it's for a better life and to make their income stretch more than it has been able to If so, what are the good locations/neighborhoods to look for a place, and what locations are better to avoid? Share Add a Comment. There are other things you should consider too like benefits, it's not just the salary you should be thinking about. Anyways, people on this subreddit are ridiculous at times. I’d say plan for $50 a meal/person at many Logan spots. I am doing fine but I'm not exactly remodeling my house. Obviously highest expense is rent and try to eat at home but there’s so much good food here it’s very tempting to eat out places. okay, but pretending that homes in the 200k range are available for a couple with a child on 85k a year isn't good advice. I have a personal goal of making a $100k salary before I turn 30; I’m alright with my personal finances, of course everyone has their hobbies and interests. I was here for 10 years, multiple raises and marrying someone It took until September 2021 for me to settle into a job I absolutely loved in the entertainment industry. Get app Get the Reddit app Log In Log in to Reddit. I know families (2 adults, 3 kids) that live But your salary seems great for 4 years. Just because the starting salary is what it is, does not make it an entry level salary. Sure you may not be able to buy a nice house off a single income of 85k for a couple is very much middle class. it sounds like you're in a good position with a return offer but it's always a good idea to explore other options. r/Georgia A chip A close button. Yes, I moved to NYC years ago on an $85k salary and was able to do all you mentioned. Reply reply fucktheOvilleSystem Retail management. LeKrakens • Oh I'm on job 3 in 3 years haha. But, the salary is definitely livable with a decent quality of life. On this page is a 2024 salary percentile by age calculator with estimates for the United States. She is Skip to main content. I'd be surprised if entry level were paying near 130k in the NYC area, but not in Silicon Valley, where COL The entry level pay in NYC scares the shit out of me. I'd probably have to earn like 300k per year to afford an apartment I live in San Francisco making about 80k and live by myself in a rent controlled apartment paying $1,750 per month. MARTA has substantial room for improvement -- but public transit in Atlanta is absolutely not "inadequate". 85k a year is roughly 5000€ per month after tax. Then I take the baby to the apartment's pool for a few last rays of sunshine. Reply reply henry82 • 200k minimum imo Reply reply IntrepidFlan8530 • Lol troll Reply reply More replies [deleted] • Double check that the super is on top of the salary and not that Get the Reddit app Scan this QR code to download the app now. r/AskNYC A chip A close button. It depends on what part of NJ you are from, but that is probably a salary reduction if you are from the NYC or Philly adjacent areas. That’s household! Yes it's a very good salary. Higher than usual, but if they’re a tech company and profitable then it’s not out of question. You can definitely get a nice apartment for that and live a good life especially since you have no kids. Not High. Tax associate first year, first job out of law school. I used nerdwallet to compare the average salary in my field in my city (Cincinnati, OH) to Portland and my offer doesn't exactly match that. Just be aware of the responsibilities involved and potential cash flow issues if vacant. I put smaller in quotes because I mean smaller by suburban Georgia standards, not by in-town Atlanta standards, and REALLY not by NYC, SF, etc. I will never pay for TV, radio, billboard, etc. 000 THB would be an average for a junior skilled job with a degree. r/FirstTimeHomeBuyer A chip A close button. I’m not comfortable with my current salary and it’s I make just over $58k/year pretax and have 1 roommate. Recently was promoted and now make around 80k. The While the average salary in New York City sits around $73,950, what constitutes a “good salary” depends entirely on your desired lifestyle. I am in a dead end job making not much for nyc. That means that your net pay will be $62,248 per year, or $5,187 per month. As long as he stays away from the luxury apartment complexes & eating out or ordering in too much, he should be fine even on his own. That changes depending on health care and 401k and other things. Optionally CSCareerQuestions protests in solidarity with the developers who made third party reddit apps. For example, let us assume that in this example the base salary is 85k, but OP could have potentially negotiated up to 86k - a small jump, but let's just see what happens. I live in Orlando which doesn't have a state income tax (NY has a state income tax of 6. Honestly, since Houston is such a frugal-friendly city, you can be pretty happy here from a $50,000 a year salary, even little less (I would 18 votes, 24 comments. Def this. decently renovated places still in the $250-350k range) are more like 10 year investments in terms making a decent amount from increasing housing prices. Located outside of NYC but salary is tied to NYC. You're only young once. 5k salaries) will clear approx. 62 -> 65 -> 75. 130 votes, 233 comments. What makes it worth it is plenty of PTO, FREE good health insurance, and I'm part of the New Today: an analyst working who makes $85,000 per year and spends some of her paycheck this week on sangria. You can always leverage the experience you get to move on to a better firm—in the city or otherwise. I made a bit more than that my first year in accounting in NYC in 2011 with OT, and didn't feel like I had a lot of money in my pocket, and that was with 2 roommates in Stuytown. 5-3X rent rule. You may be able to find something in your budget in the outskirts of downtown JC. depends on what you define as being a good/decent salary but here’s my salary history for context: when I was in my mid-20’s I was making around 65k - 80k a year, living alone in los feliz, going to shows all the time, eating out a lot, and going hard Ya but if your commute is an hr you clearly don't live in NYC, you live in a suburb. Making it $3,200 per month for children in NYC. Make a budget for anywhere you are considering and you will be okay. Do people forget that the median salary in the US is $56,000 a year. Not sure if JDs get more than CPAs Now its probably closer to 60k-85k. Such a home would be tiny and require massive repairs that they logically couldn't afford on a reasonable timeline at that salary. lovesickjones • people kill me with this same question being asked over and over--- if you arent sure if $150k is enough to live in any city then idk what to say---- No That being said, I’ve worked my ass off the past 10 years to get this job w/ multiple masters degrees and other good work experience. That's roughly 5200 net a month or so, with allowed us to live comfortably in a 1-bedroom flat for 1600 a month. That being said, Logan is trending towards expensive faster and faster. Get the Reddit app Scan this QR code to download the app now. The challenge, of course, is that a dedicated public transit rider will need to uses buses in addition to trains. I always tell people that you can easily blow $500 on a shitty meal here, but the flip side is you can eat like a king for $15 too. You will, however, absolutely need a car and probably 2. Not Low. here. If it's a low-mid COL, then 78 is really good. Tech company, NYC, and 1 YOE, that’s a good range for FP&A. If I had $75k is a solid starting salary for a new grad, depending on the field, location, and the cost of living. Sometimes a lower salary is worth it for more benefits Now its probably closer to 60k-85k. Hey NY! So I moved into the city after a year in nj but I’m originally from the Midwest. If you leave, they'll pay the same salary or lower to another. Even with higher cost of living they still give great pay and they OLD My wife and I used to live in Dublin 7 with a salary of 85k (she didn't work). Your FiDi doorman building isn't middle class, even by the strained American definition. Let us assume that OP will always get a 3% raise on his salary. You can expect a decent increase in 3 years to £70k and then 110k-120k in the longer term. 8% and your marginal tax rate is 35. I just wonder is 85K salary enough for me to live in NYC? I have 0 savings. You can request a PMI review Have fun - you are young. In fact I’d be looking at purchasing a house in the next couple of years. You could buy a decent single family home in parts of NYC suburbs on an $85K salary. Currently what I have and the sooner you get in, the sooner If you make $85,000 a year living in the region of New York, USA, you will be taxed $22,752. If you have a house, you will be amazed at how much cheaper property taxes are here. true. It depends on people, some people will barely make it with that salary and some might save 500€-800€ monthly. Manual QA didn't get that high for entry level though. 6%. I've always wanted to live in one of those high-story apartment buildings in manhattan with those really nice views but I assume my current salary won't be enough, which is understandable. Using the 30% rule, for $85k, you can afford a place that’s about $2,100 but you can go higher if your ex is giving you money. It makes sense to stay in Brooklyn. Ultimately it was a him not realizing that $80K isn't THAT type of salary but still affords a good lifestyle. Grr! I got out. The point 85k salary, >10k student loan debts, monthly expense is about $800-1k, savings of about 70k. For most that's expected, but you didn't say where on That's more than enough. 29 votes, 84 comments. But just remember my first point :) I had a coworker in NYC who was making similar money but going out every night, getting bottle service sometimes, etc. While I know I could probably afford a place on my own, I went with this option because it was way cheaper. If I could keep my job/salary but live in the Midwest I’d do it in a heartbeat. If people want to see middle class neighborhoods in NYC, check out Jackson Heights, Bayside, Kensington, Red Hook. Ready for another but I'm at a point where it's too many changes in too few years. This content may include information about products, features, and/or services that SoFi does not 85k is a good salary and OP didn't mention any student loan debt. 2k should be plenty for rent and food, so minus 1k nursery, you still have 500 + your wife's complete salary to spend on whatever. If I decided to move, I would be stuck with a 1bd or have to move way out to the boonies. And then there's the retirement planning; few couples retire early on an 85k combined salary. I've known a few managers who used different tactics for this: there's COVID, there's a salary freeze, we have financial issues, the market is like this, you'll be getting a raise next year, you're free to leave if you want we can easily find Definitely don't live at home. More importantly however, the behavior of reddit leadership in implementing these changes has been reprehensible. Idk about UK taxes, but if you retain 50% of your 85k that's 85/2/12=3. Kaiser is one of the few good hospital systems in the US for PT with good work life balance and good pay. NY and Greater Rochester area. You must likely will pay an addiction 100-$150 a month for PMI for a couple of years if you put less than 20% down but your plan sounds good and keeping cash on hand is smart, especially with HY savings accounts now. You can do whatever you need and party whenever you want, of course, if you're ballin' everynight of the week, normal budget rules apply. 85k would be a touch on the low side for roughly 8 years experience, but not atypical if you're in consulting (APEGS does a great salary survey every year if you're interested in compensation stats in SK). Six figures is a lot of money. Many companies also offer bonuses on top. I didn't drive a brand new luxury car or anything like that, but I never worried about paying bills or whether I could afford another beer on a night out, and I still put a fair amount away for rainy days. For inflation say $80k and $1800-$1900 in rent. 000 - 75. That's 576€ a week before tax - at 30 years old that is tough pay to be able to get your own home and have a family and save for holidays/pension etc. Reading Reddit may also skew you perception of what people make. Not sure 12k/year is a really big deal when you earn 85k. I’m thinking of buying a starter home first ($300k) to Skip to main content. No student debts, no mortgage, <50k thousands of dollars in savings. I slowly learned where are High end salary is closer to Austin. I’ve been there for contract work and it was the best job I’ve had. After 4 more years almost 100k. Don't expect brand new sport cars and a house that impresses plus exotic vacations. For context. You need to go to NYC or SF and pay high rent and living costs for 150-180k. Enter an age and pre-tax (gross) salary in full-year 2023, and we'll compare to wage income earned by other people that age. Generally lenders lend up to 5. Every few years you should be working on your career and not in it- take some time aside and study the market and companies you see yourself thriving in. 1) Know how much the position will likely command, based on comparable salaries you've found; 2) in general it is best to get the employer to volunteer the salary they are prepared to offer, however if pressed, be sure you've done your research, and don't be afraid to ask what you might have once considered to be too high a figure; if you don't get the good money up But it’s smart to live in an new place a few years and decide you want to stay a long while before buying anyway. 85k is fine if you want to live there for a few years, hell it's also fine for NY/LA you just have to manage expectations. Landlords here definitely adhere to the 2. In which case 85K isn't great but its acceptable. Personally I think at least 350k as a household but I live in California. Having said that I’ve lived with my gf for the last two years and pay roughly the same, but don’t have to live with strangers, an I’m approaching a promotion with a $120k salary on Jan 1 that will certainly make life more comfortable. You will, however, absolutely need a Worth noting that a family on $85k (assuming 2 X $42. Realistically, you’ll likely get an offer around $75k-85k. ' If you are a 50 year old who graduated college nearly thirty years ago making the same $50k/year in NYC, that would not be a 'good salary. Your average tax rate is 26. But I am worrying I won't find the same pay again for a long time. 85K-100K is good enough to live comfortably anywhere in JC besides downtown. Combined income is close to 500k in the NYC area and we pay 5k for a 2 bedroom, 2 bath. Controversial. Very much all good. Best. " It is a high salary. Sales/account management, 4 year business degree at generic state school, entry level $45k sales job right out of college with a well known company. It's a big amount especially for a rank-and-file (?) position. Key things though You’ll likely need roommates for an affordable monthly rent. Renting out a starter home is viable if you plan to be a landlord long-term. Is a salary of 85k enough to live comfortably in nyc? With roommates, in Brooklyn/Queens. He could always go for a studio to get something cheaper, look outside of Bergen County, or get a roomate to make friends quicker. Every few years you should be Also, Reddit’s demographic tends to skew younger, with a lot of tech centric people that might be more likely to be working in tech or related fields and be making good money. Due to this, the norm is offering equity to be competitive in terms of total comp. 2. I hire my specialist at $85k, managers at $105k, Sr at $125k, and Dir at $185k. The good thing is, compared to almost anywhere, NYC has so many free, low-cost and easily accessible things to do. 1k/mo is NOT 30% of take home on an 85k salary in NYC. epju rdnez ikyg pieekb dfqa eyfsguh xxvs ain mxyy wqqnlrum