Vic Dura <vpdura[at]XXXhiwaay.net> wrote:
- quote -

A small STUDIO for $1000/month and an hour commute??? Does
that include utilities or just rent?

Is it that high everywhere in the myc metro area??

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"gorda" <smith4894[at]excite.com> wrote:
- quote -

You can't afford to commute with a car. You might take the
subway ($2 each way). A small studio way out MIGHT work. On
the other hand, you might not like the neighborhood you're
in...

You ought to come up here and research. Who knows! It's
possible. Good luck.

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smith4894[at]excite.com (gorda) wrote:

- quote -

A small studio in Astoria (Queens) if you could find one,
would be about $1000/month. The commute to mid-town
Manhattan via bus/subway would be 45 - 60 minutes. I seem to
recall that an unlimited metro pass is about $35 or $50 per
month. I can't recall for sure.

--
To reply to me directly, remove the XXX characters from my
email address.

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"charlie (NO SPAM)" <charliejay[at]optonline.com> wrote:
- quote -

You would have to live WAY out to afford it, and the commute
would be a nightmare.

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"Rich" <Rich[at]anon.com> wrote:
- quote -

what about living in areas such as brooklyn or queens? is
that more affordable for a 50k salary? I dont mind a
resonable commute, and i'm not looking for a big apartment.
A small studio will do for me.

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"gorda" <smith4894[at]excite.com> wrote:

- quote -

Hello neophyte. :-)

Very hard for a person to live on $50k in NYC unless you
room share.

You'll be paying Federal Income tax, State Income tax,
City Income tax, and sales tax to start.

Commutes are incredibly horrible (long and tedious), and
inconsistent (depending on traffic).

-Rich in NYC


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gorda <smith4894[at]excite.com> wrote:

- quote -

You can not live in Manhattan with a salary of 50k.
The NYC berbs, maybe.
At the present time, there is no "non-resident" NYC tax.
So it will be much cheaper to live out of NYC.

NYC tax rates

mfj=3.534%
s=3.591%

Remember, NYS tax will also apply and cannot be avoided by
living in NJ.

lol

Charlie


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"gorda" <smith4894[at]excite.com> wrote:

- quote -

A grad student with a Masters in Taxation took a job in
New York City for $52,000 a year. To afford to live
within a short subway commute to his job, he had to share
an apartment with 3 other men AND THAT WAS EIGHT YEARS AGO!

He got married three years ago and they bought a home for
$300,000, but his commute went from 15 minutes to over an
hour - he now gets to read two newspapers on his way to
work and catnap on his way home.

The problem is NOT so much taxes as it is cost of living
and quality of life.


Dick

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I've recently been offered a job in NYC and thinking of
moving to the NYC metro area. Can someone advise me as
to how much of an annual salary of 50K is lost in taxes
and what the breakup in taxes is?

Also, is it cheaper in terms of taxes to live somewhere
in NJ instead of NYC?

Thanks,
-S

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