What is a good salary in nyc. Enter your info to see your take home pay.
What is a good salary in nyc. The median salary in New York, NY is $73,950, with 80% of salaries falling between $34,451 and $169,650. When i use a cost of living calculator it says that salary is only around $40k in my city. A “good salary” in New York City signifies the income needed to navigate the city’s unique economic landscape while supporting individual lifestyle and financial aspirations. Enter your info to see your take home pay. Understanding a viable income in this metropolis requires a comprehensive look at local financial factors. This amount may be higher or lower depending on additional payroll deductions such as 401k contributions or health insurance premiums. Apr 17, 2023 · A new study ranking major U. The Is 55,000/year an okay starting salary in NYC? I feel like everywhere I look I get different answers Aug 17, 2025 · Demystify what a $120k salary truly means in NYC. Aug 30, 2025 · Defining a “Good” Salary in NYC Determining what constitutes a “good” salary in New York City is highly subjective, as it largely depends on individual circumstances, lifestyle preferences, and financial obligations. But what is a good salary in NYC, honestly? I’ve done some research and data-crunching for you, and it seems that per capita (for a solo A good salary in NYC is one that helps you cover your daily expenses and housing and leaves some room to save up for the future. Cost of Living Comparison When considering whether $150k is a good salary in You wouldn't be able to live in PCV on 140k, but in general, you can definitely have a very good QOL on $140k. Breaking Down Income Taxes in NYC Here’s an overview of the taxes that impact your $90,000 salary in NYC: Anyone else feel like finance salaries (particularly in NYC) are absolutely terrible given the cost of living? There is barely any premium anymore for being in NYC. Our New York State Tax Calculator will display a detailed graphical breakdown of the percentage, and amounts, which will be taken from your $130,000. com For a single person, a minimum yearly gross income of $75,000 ($61,272 net) is considered a good salary in New York. … NYC has both a mean and median income below $100,000 this indicates that a $100,000 income is sufficient to live in New York City. Use our NYC Salary Calculator to instantly estimate your after-tax income. While New York City has experienced strong employment growth in recent years, many of the Feb 10, 2025 · Living Wage Calculation for Queens County, New York The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. This may not work at the lowest end of the extreme. Takedown request View complete answer on housinganywhere. The beauty of the struggle in Nyc is that you have to interact with all walks of life - you'll take the subway with everyone, do your laundry next to your neighbors at the laundromat, get to know your bodega guys better than your first cousins, be at a happy hour surrounded by other people your age doing the same thing. The average salary in Manhattan, New York, as of August 2025, is $38. com Feb 24, 2025 · How Does the Average Salary in NYC Compare? The average income in NYC is well above the national average of $110,491, according to the Census Bureau’s 2023 ACS 5-Year Estimates for the U. What is considered a 'good' salary can vary based on factors like location, lifestyle, and industry. Apr 3, 2025 · New York City, the financial and cultural hub of the United States, is known for its diverse industries, high cost of living, and lucrative job opportunities. The problem I usually see with people moving down here is that they want to live like the cast of friends. The city of dreams, bright lights, and… eye-watering rent. That’s pretty steep. Wondering to those who live in HCOL place what is a salary range where I could live comfortably in 2024 & beyond? CareeringCEO Moving to NYC, whats a good salary to live comfortably? Hi, Im thinking about moving to a HCOL city (NYC). Apr 23, 2025 · A new study via SmartAsset, a financial technology company, revealed how little a $100,000 salary is really worth in Manhattan, Brooklyn and Queens. Do some new grads make more than 200K upon graduation in NYC? Probably, maybe? However, If you don't realize that 200k a year is enough to live on in any city then you may have a distorted perception of reality. Depending on the size of your household, this number doubles or triples. Is that correct? If so is it worth it to go to NYC? The company is well known and will help me in the future. The average income offers a general idea of earnings, but high incomes can distort this number. Wondering to those who live in HCOL place what is a salary range where I could live comfortably in 2024 & beyond? The average salary in New York, as of August 2025, is $24. I'm still young (early 20s), have a guarantor, and am very fortunate that my family will help me with about $200 to $300 a month towards rent. That’s not a bad basis for your calculations. In this presentation, we will explore the factors that determine a good salary in New York, as well Mar 8, 2025 · Navigating salary expectations in NYC involves understanding the difference between average household income and median salary. While this calculator can be used for New York tax calculations, by using the drop-down menu provided you are able to change it to a different State. In New York, a salary in the range of $70,000 to $100,000 is generally considered comfortable for a single person. At this income level Sep 27, 2024 · From the highest earners in the U. Feb 15, 2024 · A good benchmark is apartment rentals. Per month, to maintain a decent quality of life and cover basic expenses, you will need an average of at least $5,000 net. ) Based on the table, we see that the highest-paying Salary Transparency in Job Advertisements Starting November 1, 2022, employers advertising jobs in New York City must include a good faith salary range for every job, promotion, and transfer opportunity advertised. Apr 1, 2024 · A family of four needs to make at least $318,406 a year to live comfortably in New York City, according to a new report. . Takedown request View complete answer on movingapt. Top 100 highest-paying jobs in New York Table 1 compares the top 100 highest-paying jobs in New York, ranked by annual average salary. In households with two working What is considered a good salary in NYC? To live comfortably in New York, a good salary is between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax). Food can be expensive if you order takeout often. New York City is known for its high cost of living, but also for its abundance of job opportunities and competitive salaries. Aug 8, 2025 · Is $100,000 a good salary in New York City? This question is common for individuals considering a move to one of the world’s most expensive urban centers. com Not really sure what the point of this post is or what advice you're looking for. Here's how NYC compares to other cities across the nation. com Feb 14, 2025 · How does our take-home salary differ than that from other parts of New York? Well, in Buffalo, the same six-figure salary is good for about $72,840. Want to live next to the office and buy a $7 dollar coffee every day? A good salary in New York, NY is anything over $54,000. What is considered a good salary in NYC? To live comfortably in New York, a good salary is between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax). Yes. Feb 27, 2020 · The average age of a residential building is 90 years old in New York City, so even with a $100,000 salary, there's a good chance you'll be renting an older apartment. What is a Good Salary in New York? What is considered a 'good' salary can vary based on factors like location, lifestyle, and industry. 00 and go towards tax. It will be half your take home pay, assuming insurance costs a 100$ a month and you put 10 percent of your salary into tax free retirement (401k, defined contribution pension etc. Takedown request View complete answer on outpost-club. Sep 24, 2025 · New York, New York - Salary - Get a free salary comparison based on job title, skills, experience and education. Jun 16, 2025 · Wondering what a good salary looks like in 2025? Explore average income ranges, job market trends, and factors that influence earnings. This article aims to provide a comprehensive guide to navigating the NYC salary landscape and determining a realistic and comfortable starting point. Okay let's be conservative and call it "pre-Covid" salary levels. 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 an apartment you'll get and ditch the car. New York City’s reputation for high living costs is well-earned, shaping the financial realities for its residents. Check out some popular employee Aug 17, 2025 · Uncover the true purchasing power of a $300,000 salary in New York City. Figure on 30 Ok so basically like the headline says I'm moving to NYC (I think) w/ a $75k salary. Jul 4, 2022 · What is a good salary to live in NYC? To live comfortably, a resident would need to earn at least $82,637 a year. The average salary in New York is $64,741. Can you live in NYC on 500k a year? NYC lifestyle salary ranges What salary ranges allow a lavish lifestyle, a comfortable one, or necessitate extreme frugality? Also, in your industry, how long does it take to get there or what level of skill and business acumen is required? I am going to graduate in a year likely into a 75k position in corporate finance rotational at a BB bank. High-salary jobs like I recently received my first full time offer for around $115k base in NYC with many benefits and a sign on bonus. It quickly estimates your rental budget based on income. Offering a total compensation package that includes employee benefits and bonus pay to incentivize performance, in addition to competitive base pay, can help attract and retain top talent. At the opposite end of the spectrum is Memphis, TN, where a six-figure salary goes the furthest. We’ll break down typical costs for essentials like housing, food, transportation and healthcare to show what kind of lifestyle $150k can afford in different parts of New York. It is 18% higher than the national average salary, and the average salary in America is $60,000 annually. This range allows for a modest lifestyle, covering rent, utilities, transportation, and discretionary spending. Jul 20, 2023 · Find out the average salary in New York to see if a move there makes sense. Aug 1, 2025 · Find out how much rent you can afford in NYC with our free, best calculator. 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. What's a good salary to live in New York? To live comfortably in New York, a good salary is between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax). SmartAsset's New York paycheck calculator shows your hourly and salary income after federal, state and local taxes. Aug 22, 2019 · "I definitely think you can live comfortably on a salary of $50,000, even in New York City," says 23-year-old Elena Haskins, who works as a graphic designer in Manhattan. Your average landlord will require that your annual income be 40 times the monthly rent. A good hourly wage in New York is $25. Moving to questions are asked almost every day so there is a lot of information already accumulated in the answers. According to the latest statistics, the average salary in NYC is about $80,000-$90,000 yearly, and it varies for different fields, jobs, and experiences. Nov 27, 2024 · Average salary in New York by county Reviewing average salaries in New York by city is not necessarily an adequate metric for average salaries across the state, since it’s entirely urban focused. (The entry-level salary is calculated based on the 10% of paid workers with the lowest salaries. Access to jobs, incredible entertainment, fantastic transport links – and that’s just for starters. I'm planning on living in Brooklyn and am looking for tips/advice/honest thoughts about this move. Aug 7, 2025 · Navigate NYC’s unique financial landscape. As most have noted, NYC is definitely doable as a new graduate on a 60-80K salary (which is roughly Mar 8, 2025 · New York City. Mar 11, 2024 · A new study revealed that it takes the most money to live comfortably as a single person in NYC, requiring $66. cities. I want to figure out what my age group peers (20-30 years old) do for a living, how much y’all make, what your career trajectory looks like, and what your day to day (and annual) hobbies and expenses look like (eat out everyday? Equinox memberships? Weekend travel?) Also I'm single and have no dependents, so about 40% of my yearly salary goes to taxes. I would look to cap out my rent around 3k or lower. This article says that a single person (living alone without roommates) needs to make $111,738 to live comfortably in New York. Explore the financial realities and your actual purchasing power in the city. “Comfortably” is defined as as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments. Understanding what a $100,000 salary means here requires a look at typical expenses and their impact on take-home pay. For some more context, I've been working in NYC, living Long Island the past 3 years, and have saved up ~20k. Aug 20, 2023 · This comprehensive guide analyzes the purchasing power of a $150,000 income across New York City’s five boroughs and surrounding suburbs. Nov 1, 2023 · New York City is by far one of the most desirable places to live in the US. Read about average household wages in NYC boroughs. Apr 21, 2025 · Learn about high-paying jobs, including each job's primary duties and average salary, you can pursue in New York City, the largest city in the United States. Feb 10, 2025 · Living Wage Calculation for Albany County, New York The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. For each job, the table displays the number of employees with that job, as well as the job's entry-level salary. What is a good salary to live comfortably in NYC? However, for a more comfortable standard of living in this expensive city, it would be recommended to earn between $90,000 and $150,000 per year. 1k/mo is NOT 30% of take home on an 85k salary in NYC. Therefore, it makes sense that, on average, living here costs a pretty penny. Mar 17, 2023 · For most of us, a $100,000 salary may seem like a lot of money. A good idea is to weigh these figures up against the average salary in New York by county, as this will take areas outside the main cities into account and offer a broader idea of salary ranges. Jul 10, 2025 · Figuring out what constitutes a “good” entry-level salary requires careful consideration of various factors, from the cost of living to industry standards and personal financial goals. Here, workers earning $100K per year take home $86,444 of that–$50,653 more than in NYC. Ouch. While the allure of the Big Apple is undeniable, the cost of living is a stark reality for those considering a move. Share Add a Comment Sort by: Best Open comment sort options Best hardwaregeek • Dec 31, 2024 · SALARY IN NEW YORK The official average and minimum wage in New York City. Nov 22, 2024 · What is the Average Salary in NYC? The average salary in New York is among the highest in the United States. trueThose of you living in NYC with a total compensation around 100k, are you saving a lot of money? How much do you find yourself saving each month, and how is your lifestyle? A good annual salary in New York is considered to be an income of $75,000 or more. Meanwhile everything has doubled-tripled-quadrupled in price since 2020. I just got a new job in NYC and i'll be making 65k before taxes. A place like Gary Indiana might only have a median home price of $90k and thus $22k is 25% that much. Here's exactly how she I saw an job offer to move to work in a Software company in New York City with that salary. Introduction Job quality is a critical issue in New York City, where the cost of living is among the highest in the country and large gaps persist in income, opportunity, and access to stable employment. For instance, if you want to live in a $2,000/month studio apartment in Manhattan (which is on the low end of the range for apartments in Manhattan, but not uncommonly so), you’ll need $80,000 a year. Dec 27, 2022 · The Average Salary in New York for a Salesperson The average salary for sales professionals in New York City varies greatly depending on the type of products they sell and their experience. to the lowest, here are the insights you need to put the average salary by state into perspective. In households with two working To live comfortably in New York, a good salary is between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax). Jul 7, 2022 · If you live and work in NYC and make a salary of $100,000 per year you can expect to take home about $68,000 per year or 5,600 per month after Federal, State, and Local taxes. See full list on movingapt. However, to truly enjoy the vibrant lifestyle that NYC offers, a salary of $100,000 or more is recommended. Apr 22, 2025 · SmartAsset released their study of the real $100,000 salary worth after taxes, and the results for NYC are concerning. In 2025, understanding the median salary in New York City is essential for professionals, job seekers, and employers alike. 62 in hourly wages, or an annual salary of $138,570. What is considered a good salary in NYC? The cost of living in New York City varies depending on factors like housing, transportation, and lifestyle. Fast, accurate, and tailored to NYC's unique tax rules. 117k is a great salary in NYC. That figure is good for dead last in the SmartAsset study. Mar 16, 2023 · According to SmartAsset's data, a $100,000 annual salary in New York City amounts to only $35,791 when those factors are considered. With this income, you're looking at a monthly net salary between $5,966 and $8,286. Banks/investment firms are trying to pay the same salaries as literally 10 years ago. Feb 24, 2025 · If you're thinking about living in New York, you'll want to be sure it's within your means. S. If you make $130,000 in New York, what will your paycheck after tax be? The Talent. That's because the median income in New York is $54,000, which means if you earn more than that you're earning more than 50% of the people living in New York. There are a lot of money traps in the city but it's what you make of it. I live in Orlando which doesn't have a state income tax (NY has a state income tax of 6. That’s because the median income in New York is $54,000, which means if you earn more than that you’re earning more than 50% of the people living in New York. Folks live comfortably in NYC on a variety of salaries, per some of the many salary questions already asked of, and answered by, this subreddit including some at your level. Understanding cost of living is crucial when assessing what is a good salary in NYC. The typical food and car budget is going to eat that up. Salaries in New York, NY are generally above the national average. A retail salesperson in New York City earns an average salary of $30,000 per year, while a salesperson in a convenience store earns about $26,000 per year. The pay is pretty good but I heard New York is kind of expensive and not easy to find housing. At your particular salary level of $80K there's Will my potential new salary allow me to live alone in New York City? from a month ago and 75k job in Manhattan from 2 months ago. CareeringCEO Moving to NYC, whats a good salary to live comfortably? Hi, Im thinking about moving to a HCOL city (NYC). 12 an hour or $79,285 per year. Rents Jul 7, 2022 · Can I live in NYC on 100K? In NYC if you make a salary of $100,000 per year you can expect to take home about $5,600 per month after Federal, State, and Local taxes. Get a realistic financial perspective on life in NYC. That said, it’s important to note that some New York City property management companies require prospective renters to earn at least 40 times the monthly rent. However, in cities like New York City and Riverside, the cost of 1 day ago · What do you need to live comfortably in New York? A new study says a six-figure salary. cities on their residents' purchasing power found a $300,000 salary in NYC, Honolulu and San Francisco only feels like $100,000 due to high taxes and costs. Nov 30, 2024 · In New York City, a livable salary typically ranges from $70,000 to $90,000 per year. More specifically, the average household income in New York City is almost 16% higher than the national average. This income level allows individuals or small families to maintain a modest yet comfortable lifestyle, which may include sharing an apartment or residing in a small studio. 96 per hour. 2. 6% roughly), and on $106k I take home $5k a month after 401k and health insurance. But let's be honest, when you're navigating the concrete jungle, the question on everyone's mind is:What the heck is a good salary in this crazy place? Feb 10, 2025 · Living Wage Calculation for New York County, New York The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. Plus a table with current wages by occupation. Feb 10, 2025 · Living Wage Calculation for New York The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. The Bureau of Labor Statistics (BLS) provides valuable data for analyzing income distribution and expense categories. Aug 26, 2025 · Explore New York's cost of living, how it compares to the national average, and see expenses across major cities including housing, food, transportation, and more. ) 2K is about as cheap as it gets for a studio in Manhattan and thats a good price on upper east side. Feb 26, 2025 · How far does a $100K salary go in Manhattan? Spoiler alert: It doesn't go very far. 99 an hour or $51,979 per year. With this income, you're Learn about 25 high-paying jobs in New York City for entry-level candidates and their most common job duties and the average salaries for each position. An income that provides a comfortable living for a single individual might be insufficient for a family of four. If a place has a median home value of $800,000 per year, then $200,000 is pretty good. This amounts to $6,250 monthly ($5,106 net), which is enough to cover your cost of living in New York of $4,299. Get paid what you're worth! Explore now. So, what constitutes a “good” salary in NYC? While a figure like $90,000 to $100,000 might offer a certain level of comfort, the truth is far more nuanced. Feb 19, 2024 · Those with a $100,000 salary earn more than double … Continue reading → The post $300K Is the ‘New $100K' in NYC. com Online Salary and Tax Calculator can help you understand your net pay. 47 votes, 67 comments. Will I be ok on this salary? I'm good at budgeting and I feel like this is doable but everything online is making me nervousssss. This income will give you a net income of between $71,596 and $99,434 after tax deductions, which equates to between $5,966 and $8,286 per month. Accurate, reliable salary and compensation comparisons for New York, New York Jul 6, 2025 · Discover the top 10 highest paying jobs in New York City for 2025, including salary information and job duties. For those considering a move to the Big Apple or negotiating a salary increase, it’s important to understand what constitutes a good salary in this bustling metropolis. If a place has a median home value of $400,000 per year, then $100,000 per year is pretty good. Need the advice of New Yorkers Hi lovely people of NYC, I have been offered a job in NYC, not possible to do remotely, great job, something I always wanted to do but the offer is 70k, full benefits. We'll break down the average salary and costs in one guide. Understand what salary truly supports your desired single lifestyle and financial goals in the city. I am so confused, this is a good salary but it doesn't seem like it is in NYC, I currently live in Brussels and for that money you can live large here. This article explores the median salary, factors influencing earnings, salary by experience, job market trends Dec 17, 2024 · New York City’s local income tax further reduces your paycheck compared to most other U. Taxes are higher. Using tools like a New York paycheck calculator can help you estimate your net income and understand the breakdown of deductions. Here all the details on the dough. Here's the average salary in NYC. Find out which careers are in demand in the Empire State. What's a Good Salary in NYC? Let's Talk Money, Honey New York City: the land of dreams, overpriced apartments, and endless opportunities to spend your hard-earned cash. May 22, 2025 · Discover the 2025 average salary range in NYC, key factors influencing earnings or tips to boost your income with education. New York City's economic landscape presents unique financial considerations, impacting overall quality of life. On average, you'll need an annual salary of $75,000 to $100,000 to live comfortably in NYC. In households with two working A good salary in New York, NY is anything over $54,000. New York City is known for its high cost of living, often balanced by competitive salaries in various 1 day ago · What do you need to live comfortably in New York? A new study says a six-figure salary. Mar 11, 2024 · A single adult living in the Big Apple would need to make $138,570 a year in order to live comfortably, according to a new study by SmartAsset. Transportation is good enough so you won't need to own a car. But if you live and work in the New York metropolitan area, it doesn't go very far. An average salary in NYC of around $80,000 can aid in fulfilling all of the things mentioned above. yare hlgka8 qjg27o se 7vvm 0i5o mw nxrc hs2 xv