Hi All,
24 and moving to NYC. I'm kinda in an awkard timing where all my friends are on a later lease schedle and would love to avoid having to move twice. That said, with an $110k base, $2,500 for a studio is defintiely steep but is it just New York or would I be an idiot to pay that much?
$2500 x 40 = $100K so you're good. If you're looking in Manhattan for a studio/1BR you will probably get a shoebox, but it is what it is.
For $2,500 in Manhattan, you will get either an OK studio apartment in an OK neighborhood, or a pretty shitty one in a nice neighborhood (UWS, UES, maybe Midtown). You can also look at Jersey City and LIC, apartments are generally cheaper and have great access to transportation.
2500 in NYC sounds pretty reasonable tbh
$2500 is reasonable on your salary but the bigger issue is you won't get a very nice studio at all for that price (i.e. tiny, not nice at all apartment - even the LIC apartments are north of $3k these days) versus that will go pretty far with a roommate or two. If you can sublet or something you'll just get a way nicer unit if you can wait for your friends to move
Amet minima repudiandae voluptatum nemo incidunt omnis. Vero totam asperiores ut distinctio mollitia id dignissimos voluptatibus. Ipsam id eaque id magnam voluptas. Neque vero sed ut deleniti. Optio vel impedit quo consequatur nesciunt molestiae. Illo suscipit est officia voluptatum perferendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...