How much should I aim to pay in monthly rent with 140k base, 15k bonus, and no debt for a studio / 1 bedroom?

like
Posting as :
works at
You are currently posting as works at

40x the rent is the standard. So for your income it would be $3,875 max. You can definitely find studios/1 bedrooms in the 1800-2600 range if you’re fine with a pre-war no frills building. Luxury buildings will be more but can find some apts under 3.8k.

like

To add on to what EY1 said, I recommend googling one of those rent affordability calculators to give you a better idea once your other monthly payments are taken in to consideration (cc debts, loans, etc)

Also to add on to EY, some landlords only look at your base salary when using the 40x rule since binus isn't guaranteed.

Related Posts

Sobering to remember the $NDX max drawdown T12M May 2020 was -67%. Were currently at -29%…

Post Photo
like

What’s an HSA and what should I do with the money in it?

like

Hi,
Let say my ctc is 10 LPA and every month salary credited.
If i deposits my parents money in my account then do I need to pay taxes for that amount also?

like

If Anyone who is new , wants to start investing in equity, mutual funds, stocks , what's the roadmap to start with.

like

I am looking to purchase my first investment property. What is the downside to acquiring foreclosure properties, either to hold make minor improvements and sell?

like

Hello Fishes,

Can you please tell In hand salary for below structure

Thanks in advance

Post Photo
like

Is ther any website that can help calculate the exact in hand figure after tax saving and HRA ?
I am confused as to why so much tax is being deducted from my salary even after tax saving
I tried cleartax but its not giving correct value

like

Hi all, 1008700 per year. In hand after tax(if i don't file anything)
Monthly salary - ?
Monthly tax - ?

like

Hi Fishes, please use the chart to calculate your in-hand salary. Tata Consultancy Cognizant Accenture India Infosys EPAM Systems EPAM Anywhere 🇮🇳

Post Photo
likesmart

What is the salary range for Consultant role at KPMG?

What’s an honest PM salary range for some Midwest cities? Minni, etc etc.

like

I have been in controller/finance group for over 10 years. Leadership have no interest in putting me on deck. I barely am at 100k. Can someone please help me on how can I grow in terms of comp?
Which area/courses should I pursue related to my field that can help me land up a job outside. Cpa/cfa is not an option for me immediately. Thanks.

like

How much salary does CRMNEXT offers to 1.8 years Jr.Engineer?

like

Does anyone have tips for negotiating salary or other perks specifically at a nonprofit?
SDZWA has a large research side that many don’t know about but the pay is rubbish compared to other research organizations.

Hello fishes,
Is it mandatory for a company to give remaining salary at the final settlement?
My company didn't do so..it is a start-up..so just bring up rules stating it's a 'startup'

Just wanted to what's the general practice though

PS: any legal action is possible?. Since it is not mentioned in initial offer letter

like

If you receive an offer from external firm, different position, do you let your current firm counter even when you know you won’t stay?

Can you use current firms counter to raise comp on external offer?

like

Accept retention bonus and initiate Green card with Seyfarth or move to an industry role. How long is each sub process to I-140 approval like?

like

Hi Fishes,
The recruiter is asking for my expected salary.
What is the salary that I can expect for Cloud Migration consultant - AI/ML in Google India.
YoE - 9 years
Skills- Data Science,ML, AI,GCP
Current compensation - 30 fixed + 6 lpa variable.


Thanks

like

More Posts

Hello everyone,

Can anyone please help me to choose between hsbc edpi and Capgemini?

like

Why do I always feel like I’m gonna be fired? Even tho I know I won’t but whenever things go sideways I feel like this is the uh oh moment… anyone feeling the same?

like

Need your input please 🤗
SFO to Singapore: 17 hours
Economy: 90k miles (one way) on United
Business: 182k miles (one way)
Should I suck it up and book business? I have enough miles...

like

I need 11 likes to start DM please 🙏🏻

like

Any recommendations for doing Thanksgiving dinner pick-up in the city?

like
like

Do Deloitte recruiters (or any consulting recruiters) get commission from successful candidates? If not, do they get any rewards for sourcing a successful candidate?

like

Hi All - Anyone has any experience in moving from USA to an European city? What are the factors you considered in your decision making? Any good resources for understanding how visa would work?

like

What neighborhood is up-and-coming in Chicago?

25 Cognizant or 21 TCS 10 years exp?

like
like

Hi Fishes! I hope y’all are having a great weekend. I did my undergraduate with Rotman, 2 YOE in Commercial/Corporate Banking after graduation, and working in Capital Market Team in B4 Consulting as an Experienced Associate. Now in order to break into MBB, I hope to plan ahead and I am working on case interviews. Meanwhile would really hope to get some guidance and suggestions here from current MBBers, or anyone who went from B4 to MBB, anyone is willing to have a ☕️ chat with me? TIA!!!

like

Howdy Sales Fishes - I’ve got an interview coming up and the recruiter prepared me by sharing that the interviewer may be low energy intentionally. Does any have a best practice for tactfully responding to this behavior or should I just persevere?

like

MBB fish. Is a London -> NYC move easy? American so don’t need a visa

like

Finally got my first role as a UX Designer! Extremely excited and wanted to thank everyone that helped me out with questions and input!

likeuplifting

I've been unemployed for close to 2 years now and by the end of this month I will have exhausted all my resources/savings which have been keeping me afloat all this time. I was originally looking for the "perfect job" now I've broadened my search so wide it's kinda depressing. Is it just me? Or are creative jobs in trouble? Seems the more I search the more I see lower and lower wage ranges and longer and longer job descriptions. What gives?

like

Need urgent help on this ....Cognizant

Post Photo
like

What are some of the more interesting/unique/successful partnerships you’ve seen in pharma campaigns?

Currently paying off student loan at 4.5% interest rate. Any refinancing options for non-citizen (also no PR)?

like

Thoughts on Neuberger Berman PE?

like

Additional Posts in New York City

Does anyone in NYC actually work a 9-5? Specifically during pre-COVID times.

like

Is it possible to get a 3k studio with laundry in the west village? Laundry in building is enough

like

Does anyone have a side gig as a building super?

like

How much is a normal broker fee and is it worth it? Struggling to find an apt. Looking for 2 bed downtown that hits my checklist: washer dryer, somewhat new, under 5,000, no higher than a 4th floor if a walk up

like

How late do New Yorkers stay out on weekends? Also how old are you, I find it hard to stay energetic past midnight when going out, whether at bars or with friends.

like

Fellow NYC fishes! Girlfriend and I are looking for a 1BR apt in Manhattan/Brooklyn for c. $3500 a month as of c. April 1st. Slight preference for UWS. The more amenities the merrier, but no real need for a doorman, walk-ups are no problem. If anybody knows something please let me know, much appreciated!

like

Looking to takeover studio lease in August. Anywhere in Manhattan.

like

Best cell service in Manhattan. AT&T or Verizon?

like

What are your favorite things to do outside of Manhattan?

like

Besides Street Easy, where should I look for apartments. Such limited inventory and I want to be in the city by 10/1 :/

likehelpful

It’s nice to finally be recognized up in here

Post Photo
likeuplifting

Is anyone subletting an apartment (1 or 2 bedrooms open, open to having multiple roommates) in East village or Gramercy areas?

like

This one of you playing tonight? Hope y’all are enjoying the pleasant evening!

Post Photo
likehelpful

Armature question: if I purchase a TV nowadays, and don’t want to use traditional cable service. What are options and recommendations? E.g., Apple TV Haven’t had a TV at home for many years.

like

I live in a building with new construction (constant jackhammering) going on next door. Is there anything I can do? I primarily WFH and I can’t even take a call without everyone asking about the background noise.

like

How are the NYC Asian fish dealing with all these senseless attacks? As a single Asian woman I no longer feel safe anywhere outside my apartment. I’m hyper vigilant and wary of every person on the street and am tense and have high anxiety every time I have to take the subway. Any tips on how to deal and get my peace of mind back?

likehelpful

Hi all, moving to NYC from Europe in a month. Any tips for the first few days, where to stay while looking for a flat? And looking at StreetEasy but can’t see a lot of options for a first lease too.

like

Lifelong New Yorker who decided to make the move to Chicago. Am I making a mistake?

like

Any recommendations for an affordable vet for a new puppy? Anything near Kips Bay/Murray Hill/East Village/Gramercy would be great!

like

Wants to invest on my health and fitness. Any one who has reco for small group fitness classes? M here

like