What's the minimum salary required to live comfortably in your city/area

Aphrodite

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Sad how we gotta be stressed out just to live.

I know even the shelters out here charge like $15 per day for the homeless. To secure a bed.
 

Gwoppo

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No way 45k is decent in Chicago, 45k=65k down there breh
Depends on who you ask breh
Does comfortable for you include vacations, night life, a new car, savings every year, shoes, clothes, etc.?
 

Actually6Foot3

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You guys are crazy. I'd say 60k if you're single and live outside of Manhattan.
I work in real estate. The questions was how much to live v COMFORTABLY. Most landlords want 40x the monthly rent in income. At 60k that's 1500 a month MAX. And most people try not to spend right at their max so someone with that income is probably looking to spend 1200 a month max on rent. Still got utilities, groceries, cell phone, metro card, etc etc. There's a reason studies show the majority of the country has less than $500 in savings.

At 60k you're either with a roommate or am hour outside of Manhattan (1.5 with all the delays)
 

Gwoppo

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New car the stupidest thing you can buy so scratch that off but everything else listed in moderation is reasonable.
I agree with you on the car thing, but public transportation (while you save for a car) while making 45k, is not the move in Ga. You can get something with low payments. Doesn't have to be new. Let's say you were making 65k in Chicago. How much would you want to save every year?
 

Noriega

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I agree with you on the car thing, but public transportation (while you save for a car) while making 45k, is not the move in Ga. You can get something with low payments. Doesn't have to be new. Let's say you were making 65k in Chicago. How much would you want to save every year?
Id want to save at least 10-15k up for whatever(investments,possible real estate purchase later down the road, rainy day fund)

I could never move down south breh, my car sits for days at a time in the backyard because I'll just take public trans. I've been to ATL and Houston, it's almost like you have to own a car down there

I like having options as far as transportation :yeshrug:
 

MalikX

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I spent most of my life in either DC or Philly.

In Philly, 50k (and no debt) is enough. An apartment in a downtown high rise is like $1500-$1700. An apartment in a building in a good neighborhood is like $1100 - $1300. If you cool with grimier areas, you can get a 3-4 bedroom townhouse for like $1200-1300. You can find apartments out in the burbs that's not the hood for $700 - $1000 depending on how far you go.

In DC though, you'd be struggling. You need at least 80k. Anything less and you're going to be either living in Southeast, living with roommates or living outside of DC in Maryland or Virginia. A 1 bedroom that's in a cool neighborhood would be $1150 in Philly but would be $1950 in DC. White people ruined that city.
 
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