Cost of living adjusted, NYC poorest city in America?

Re:Cost of living adjusted, NYC poorest city in America? by krschultz on Friday August 07, 2009 @02:18PM (#748201)

54%? I don't know anyone here who owns a car!

It is damn expensive to rent, but once you subtract out car payments, car insurance, car maintenance, and gas you can save $1000 a month easily that goes towards rent.

Getting around NYC costs $89 a month.

[ Parent | on HN ]

Re:Cost of living adjusted, NYC poorest city in America? by spolsky on Friday August 07, 2009 @02:22PM (#748209)

Don't forget that includes queens, staten island, etc, where people actually have a car or two.

$1000/month in car payments = $2000/month in pretax salary. That means a $60,000 salary in NY goes as far as an $84,000 salary - car costs.

[ Parent | on HN ]

Re:Cost of living adjusted, NYC poorest city in America? by anamax on Friday August 07, 2009 @02:54PM (#748307)

$1000/month for a car?

I wasn't spending anywhere near that when I was making payments and now that the car is paid for, I'm spending even less.

Of course, my car isn't in NYC, but if NYC is causing cars to be expensive, that's on NYC, not cars.

[ Parent | on HN ]