Can you live in NYC on 40K?

Can you live in NYC on 40K?

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.

How much salary do you need to live in NYC?

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.

Is 100k a good salary in NJ?

Is 100k nothing for NJ? Like anything else, it depends… If you live in a home that you paid off years ago and are now retired, 100k is a great income. If you inherited a load of money from a relative, then 100k is fine.

Who is the richest person in NJ?

John Overdeck

What towns make up Bergen County?

Bergen County Municipalities

Allendale Harrington Park Ramsey
Dumont Mahwah Saddle Brook
East Rutherford Maywood Saddle River
Edgewater Midland Park South Hackensack
Elmwood Park Montvale Teaneck

What is the cheapest place to live in New Jersey?

Most Affordable Places to Live in New Jersey

  • Hightstown.
  • New Brunswick.
  • Phillipsburg.
  • Pompton Lakes.
  • Rahway.
  • Toms River.

What is middle class income in NJ?

between $60,000 and $177,000 a year

What is the poorest city in NJ?

Crestwood Village

Is Hackensack a ghetto?

There is no ghetto in hackensack, there are 3 streets below the hospital that are beat up and thats about it. there are lots of mexicans and spanish people, but that just means good food and hot women!

Is 75k a good salary in NJ?

75k is a lot. NJ outside of a few expensive areas is a relatively good value given the pay of jobs. 75k in suburban NJ is living nice.

How much money do you need to live comfortably in NJ?

Typical Expenses

0 Children 3 Children
Required annual income after taxes $28,406 $64,838
Annual taxes $5,290 $16,535
Required annual income before taxes $33,696 $81,373

How much do I need to make to afford a 800k house?

There are multiple factors here. If you are asking, what is required for an $800,000 loan, my general answer would be that the rule of thumb is typically 25% of the loan. So, generally speaking income should be at least $200,000 gross per annum.

Is 200k a good salary in New Jersey?

200k is certainly enough to live comfortably in nj, the average income is much less than that. 200k is fine for comparison you might check a cost of living calculator.

Is it cheaper to live in Florida or New Jersey?

New Jersey is 19.0% more expensive than Florida.

What is the best town to live in New Jersey?

Real estate company Coldwell Banker has compiled a list of the 10 best areas to live in New Jersey in 2020. Did your town make the list?

  • Manalapan (Monmouth County)
  • Closter (Bergen County)
  • Clinton (Hunterdon County)
  • Madison (Morris County)
  • Sparta (Sussex County)
  • Bridgewater (Somerset County)
  • Princeton (Mercer County)

Is Bergen County a good place to live?

Bergen was also ranked as the healthiest county, third best county for young professionals and third best county for public schools in the Garden State. Here are the other top places to live in Bergen County, according to

Is 60k a good salary in NYC?

Pretty much all you have to pay here is rent, food, and Metrocard. 60k isn’t even a low salary. It isn’t really high, but you will be absolutely fine if you watch your spending.

What is the poorest county in NJ?

Camden, the poorest city in the state, has a poverty rate of 35.5%….New Jersey counties ranked by per capita income.

Rank 1
County Hunterdon
Per capita income $48,489
Median household income $100,980
Median family income $121,166

Can you live in NYC on 100K?

Originally Answered: Can you live in NYC for an 100k salary? Yes, and you can live pretty well with 100K in NYC as well. If you live in Manhattan you will have a very small apartment or you will have roommates. Any other borough and you will have a nice apartment and possibly even a house with a mortgage.

Is 500k a good salary in NYC?

Originally Answered: Is a salary of 500k USD including food expenses etc, enough money to live in NY? $500,000 annually, even considering NYC expenses, would be rich, and closer to Top 1 Percent territory than Middle Class. Meaning one could live quite well on $500K.

What are the wealthiest towns in New Jersey?

Five communities in New Jersey, which trailed only California on the list, were in the top 50. They were Short Hills (6th) with a household income of $388,760; Rums0n (12th) at $337,696; Upper Saddle River (40th) at $272,573; Glen Ridge (41st) at $271,826; and Upper Montclair (45th) at $265,482.