FAQs
While ZipRecruiter is seeing salaries as high as $82,120 and as low as $50,060, the majority of salaries within the $20 An Hour jobs category currently range between $64,700 (25th percentile) to $78,700 (75th percentile) with top earners (90th percentile) making $82,120 annually in New York.
Can you live in NYC on 60k a year? ›
How much should you make to live in NYC? Single people can reduce their financial needs by choosing areas with affordable housing and low monthly expenses, such as the Bronx, Staten Island, and Queens. You can live comfortably in these areas with an annual income of $60,000.
How much income to live in Manhattan? ›
Well, to lead a comfortable lifestyle in New York, a good salary between $90,000 and $100,000 gross per year (or between $71,596 — $99,434 after tax) is more than enough. With this income, you're looking at a monthly net salary between $5,966 and $8,286, which allows you to cover your expenses and have savings.
How much do you need to live well in New York? ›
To cover the cost of just necessities as a single person in New York City, you would need to make an estimated $70,000, according to SmartAsset. A family of two adults with two children would need to make a combined $318,406 a year in order to live comfortably in New York City, according to the study.
How much is $25 an hour annually in NYC? ›
While ZipRecruiter is seeing salaries as high as $65,642 and as low as $28,992, the majority of 25 Hr salaries currently range between $41,000 (25th percentile) to $52,500 (75th percentile) with top earners (90th percentile) making $60,718 annually in New York.
Is $25 an hour a livable wage? ›
An analysis of the living wage (as calculated in December 2022 and reflecting a compensation being offered to an individual in 2023), compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other necessities, finds that: The living wage in the United States is ...
What is the cheapest borough in NYC? ›
What Is the Cheapest Area to Live in NYC? Most people consider the Bronx to be the cheapest area in NYC. We like the Bronx because it puts you close enough to Manhattan that you still feel part of the action.
What salary does a single New Yorker need to live comfortably? ›
For single New Yorkers looking to abide by the 50/30/20 rule, SmartAsset.com says that annual income should be about $111,738, which comes out to earning $53.72 per hour of work.
What is the average salary for a single person in NYC? ›
Average Salary in New York
| Annual Salary | Hourly Wage |
---|
Top Earners | $81,750 | $39 |
75th Percentile | $64,724 | $31 |
Average | $51,819 | $25 |
25th Percentile | $38,914 | $19 |
How much do groceries cost per month in NYC? ›
According to Numbeo.com data from March 2022, groceries in New York City usually cost about $486.71 a month, per person. For the U.S. as a whole, the average is $348.34.
By budgeting wisely, finding affordable housing, saving on transportation and groceries, and taking advantage of free or low-cost activities, you can experience NYC's vibrant and diverse culture while keeping your finances on track. Remember, living in NYC is about more than just the cost of living.
How much do movers cost in NYC? ›
The average rate for movers in NYC is $60 to $110 per hour. This rate is per mover, so expect it to rise for each additional crew member.
What is a good hourly wage in NYC? ›
As of Jun 9, 2024, the average hourly pay for a Hourly in New York is $31.31 an hour. While ZipRecruiter is seeing salaries as high as $46.29 and as low as $18.67, the majority of Hourly salaries currently range between $27.36 (25th percentile) to $30.53 (75th percentile) in New York.
How much is $20 an hour in New York? ›
As of Jun 10, 2024, the average annual pay for a $20 An Hour in New York City is $66,921 a year. Just in case you need a simple salary calculator, that works out to be approximately $32.17 an hour. This is the equivalent of $1,286/week or $5,576/month.
What is a livable wage in NYC? ›
The research revealed that it takes the most money to live comfortably as a single person in New York City, requiring $66.62 in hourly wages, or an annual salary of $138,570.
Can you live comfortably on 20 dollars an hour? ›
The ability to survive on a wage of $20 per hour depends on your individual circ*mstances. A single person with no dependents may be able to live comfortably on this amount, but if you are married and have to pay rent, it could be challenging to make ends meet with $20 per hour.