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allMightyMostHigh t1_j0uiswf wrote

depends anyone with upwards of 70k a year is considered middle class for nyc and can comfortably live on their own if they rent within nyc with no significant debt or buy a house in a lcol state. the housing market is a freak of nature at this point and tying income to that just isnt feasible. So what they wanna be millionaires to buy houses in nyc?

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Designer-Election-94 t1_j0ustac wrote

Your post tells me your unaware of cost of living in NYC. To put things in perspective a buttered bagel and small coffee is $7 in Brooklyn. My heating gas bill was $165 and it’s not really cold here yet. A 1 bedroom apartment in Brooklyn is $1900/month in a “bad” neighborhood, $2500 in a “safe” neighborhood and $5k in a “nice” neighborhood. Tiny 1 bedroom Condo is about $600k with $700 month maintenance fee. Forgetting fed tax, just ny state and city take 15% of what we make. Quick google search says average pay in nyc is 107k, so 6 figures is average and nurses make below average pay. Although we’re more educated than average, have harder than average jobs and more dangerous than average jobs (believe it or not nurses are hurt on the job more often than police officers) we would be happy with average pay.

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Leechie t1_j0uos7j wrote

I want to see your definition of "can live comfortably on their own" because you believe 70K is sufficient.

What next, asking them to take second jobs?

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ChornWork2 t1_j0uzudc wrote

median household income in nyc is $67k, and $34k for an individual.

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CivilInspector4 t1_j0uoibz wrote

What does 70k for a family of 4 look like?

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allMightyMostHigh t1_j0up9n1 wrote

in a preferably two income family that looking like 100k+ a year which is more than enough to survive in nyc. Hell i know people who do it on less than 40k a year. you do not need to make 6 figure to make it in the city. buying a house is another story.

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NewYorker0 t1_j0uwozp wrote

I agree. My parents ran a family of 4 with $30k at one point, we were perfectly comfortable as we rented an affordable place and lived below our means as everyone should. I also know people who also grew up with similar incomes and were doing okay. If you don’t have a balanced budget that’s on you, stop blaming others.

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SolitaryMarmot t1_j0v8f6x wrote

$40k in 1980 is $144k in 2022 dollars.

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NewYorker0 t1_j0v9epw wrote

I’m not talking about 1980, idk why you’re bringing that up. I lived with $25-30k just 4 years ago.

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SolitaryMarmot t1_j0vahsw wrote

well then that is less than 150% of poverty level and "extra low income" as per Section 8 requirements. if you are on food stamps, Medicaid and section 8 - maybe that shouldn't be the standard for "perfectly comfortable."

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Designer-Election-94 t1_j0v0z13 wrote

30k so figure you’ll bring home after taxes $1500 a month. With rent being $2000 tell me how your going to balance your budget. Tell me how you and someone else each bringing in 30k in a one bedroom are going to balance your budget. SMH

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NewYorker0 t1_j0v81w3 wrote

First of all you would bring in $2250 after tax with a $30k income, not $1500, you probably pulled that data out of your ass. Then you have to live in a affordable neighborhood, median rent doesn’t matter because half the apartments cost less than the median, then balance out other bills.

Now $30k won’t buy you a home but that’s literally the minimum wage in NYC, a double income in a minimum wage would be almost $60k, as most families are double income this isn’t much of a deal.

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regularbusiness t1_j0wexj6 wrote

They were likely getting some kind of government assistance at that income level, Medicaid, SNAP benefits, housing assistance, etc. Which is funny because you seem to have a big problem with socialism.

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NewYorker0 t1_j0wst9t wrote

Medicaid isn’t socialism and neither is universal healthcare and I don’t oppose them. The only funny thing is you don’t know the definition of capitalism and socialism and think any government program is socialism dumbass.

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