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Metropolitan New York City
Reply to "What net worth / HHI do you need to live comfortably in NY? Two adults, no kids."
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[quote=Anonymous][quote=Anonymous]We bought a 3 bed in the upper UWS for 2.5mm cash. Monthly charges are ~2600 which includes heat, staff, property tax, and all repairs inside the wall (ie plumbing and electric). That charge is fairly standard for coops of our size in our hood.. We have some river views. If you only need a 2 bed, you can definitely buy a better view for 2.5 mm.[/quote] Oh and we could live comfortably on 250k HHI given no mortgage. We have kids so a big chunk is childcare. If you don’t have that, 200k will be plenty. We are living partially on income, partially off investments.[/quote]
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