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New York Yearly Expenses by Quarter
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Multi-State
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US-174-AZ
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How to fill out Yearly Expenses By Quarter?
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FAQ
That's $30,294 per year after taxes, which means that to live a reasonably comfortable life in New York City, a single person would need to make a salary of roughly $40,000 per year.
Cost of living in NYC: Utilities As of 2019, the average cost of a basic utilities package in a 915-square-foot apartment in New York was $145.55 per month.
Cost of living in NYC: Utilities As of 2019, the average cost of a basic utilities package in a 915-square-foot apartment in New York was $145.55 per month.
Recommended Salary in New York City To live comfortably, a resident would need to earn at least $11,355 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 $1,800 monthly rent rate before taxes, which amounts to $5,400.
Total: $2,524.50 per month. That's $30,294 per year after taxes, which means that to live a reasonably comfortable life in New York City, a single person would need to make a salary of roughly $40,000 per year. This is a comfortable (though far from indulgent) budget.
I definitely think you can live comfortably on a salary of $50,000, even in New York City, says Haskins. It's an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it's totally doable.
Family of four estimated monthly costs are 5,057$ without rent. A single person estimated monthly costs are 1,374$ without rent. New York is 25.35% more expensive than Los Angeles (without rent).
Cost of Food in New York City According to Numbeo.com data from March 2022, groceries in New York City usually cost about $486.71 a month, per person. For the U.S. as a whole, the average is $348.34.
Summary about cost of living in New York, NY, United States: Family of four estimated monthly costs are 5,051$ without rent. A single person estimated monthly costs are 1,372$ without rent. New York is 25.10% more expensive than Los Angeles (without rent).
