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123456abc__ t1_j7y0rzn wrote

Reply to comment by [deleted] in Median New York rent passes $4,000 a month in January by geoxol

150k after benefits is about 7k a month

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selfcareanon t1_j7z66dt wrote

I believe this is assuming nothing going towards 401k, which someone making 150 is likely maxing out.

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Wowzlul t1_j7zirdh wrote

Or saving for a down payment, or investing, or any number of other things besides spending upwards of 1/2 your monthly income on rent in a neighborhood with many other, cheaper apartments and neighborhoods nearby.

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